News

Alan’s presentation at ASF January 27, 2014

“ASF: What to do about the GSEs”. Presentation at the ASF konference January 27, 2014, by Alan Boyce, CEO Absalon Project [presentation]

Inclusive Finance – Advantages of the Danish Mortgage System

Inclusive Finance – Advantages of the Danish Mortgage System. The Danish Mortgage Model can also help developing countries, by introducing a model that brings cheaper and more flexible mortgages to the market, if you have one of those mortgages and you monthly is important that you would know how manage online payments for the mortgage from your home. Housing is a sector that creates a jobs, and the lack of access to affordable mortgages is a great hinder for a growing economy. http://issuu.com/cfi.co/docs/cfi.co_winter_2013-2014/75

Sustainable funding for African Housing

Sustainable funding for African Housing. In the October etiton of cfi.co there is article regarding an absalon mortgage project in Kenya together with local partners. See the article here: http://issuu.com/cfi.co/docs/cfi_autumn_2013/117?e=6174959/5125894

Why having a Firewall is important

A firewall is one of the many solutions available in todays world cybersecurity to control these external threats. Its a measure that is commonly implemented and used in networking and security environments. Depending on the combination of products and solutions you will need to implement a firewall in your business, in order to achieve the desired level of security and control. Therefore, it is always a good idea to evaluate the situation in which you live and how you can be sure that your data is secure against any threats, especially from external adversaries, and there are really good services which can help you setup a firewall for your system.

If you choose to use a firewall and there are specific devices, configurations, policies, or application settings that are important to you, make sure you take into account that the majority of the professional ones will need to be integrated into your solution. Many people report that the first thing to test with a firewall is the management panel, or the firewall management tool, which can create limitations in the control or management aspects of the firewall. As an instance, there are some of the most effective methods to test the firewall that will help you to get a good overview of how it works, if it is indeed useful for the purpose you intend.

Accessing the Firewall Management Panel

In addition to all the ways to find out the firewall configuration, there is also the web portal, which allows access to the firewall from a web browser and allows administrators to connect to the management panel using a browser.

Typically, the firewall configuration is done through this management portal, which is easily accessible on the LAN side of the firewall. But even if your network is not protected by a LAN firewall, you can still find out information by connecting to the management panel from your corporate network or from the Internet.

The typical configuration of a firewall includes the following:

Supported protocols (TCP, UDP, ICMP and others)

Protocol firewalls and configurations (such as UPNP, iptables, IPSEC)

Firewall protocols (such as RADIUS)

Block lists and rules

Logging rules

Monitoring devices (for example, SNMP cards or remote access devices)

The security rules in turn can contain preconfigured rules, which contain specific security rules or policies, which are more like permission or system files. The rules are named the same as the protocols used for the protocols on the firewall, and therefore, on this page, I will focus on the majority of these methods.

Some technical aspects to keep in mind:

While it is possible to perform complex checks to determine if the firewall has been deployed correctly, I recommend you take steps to enhance the security aspects of your network. In particular, a proper intrusion detection system, security audit logging, and one or more firewall appliances can help to obtain very detailed information about the communication flows on your network.

Each protocol includes different security checks and policies, which may cause the firewall to pass the required checks and will not result in any problems, even in the case that the protocol does not fulfill its responsibility. Nevertheless, it should be always verified if the firewall has been modified to match the requirements of a particular protocol.

Firewall Management Tools

Although the information in this guide will focus on the network management tools and their configuration, the Firewall Management Panel is available to give you more information, as well as a web interface, which can be accessed either from the LAN side or the Internet. You can also connect to the panel remotely if you have a server or a smartphone device that have an Internet connection which allows to do this.

How Forgiveness Fits in Housing-Fix Toolkit

Article in the Wall Street Journal July 29, 2012 by Nick Timiraos

New Absalon brochure available

A new Absalon brochure in English has been published describing the principles in the Balanced Mortgage Bank and the suggested administration of the model in a Mortgage Service Provider (MSP) entity.

How has Denmarks mortgage market endured for the past 200 years without a single mortgage-bond defalut?

Read the article by Dan Barnes in the CISI Securities and Investment REVIEW vol. Februay 2012

Sydbank and Jyske Bank to use BRF Kredit for SDO funding of mortgages

Sydbank and Jyske Bank, two large regional banks in Denmark, has announced a agreement with BRF Kredit, an independant Mortgage Bank in Denmark, to use BRF Kredit for funding of some of their mortgage portfolio; they have also looked into https://www.sofi.com/home-loans/mortgage/. Both banks are members of Totalkredit and originates currently SDO mortgages through Totalkredit, that also services the mortgages.

However both banks also have  mortgages  funded by deposits and other sources for a total of more than 20 billion DKK. With this agreement the banks opens an opportunity for an alternative joint funding channel for those mortgages, based on SDO legislation , and by doing so, they get access to a capital market that still seems liquid, and at the same time reduces the requirement for capital in the banks. The banks will continue to service these loans. If you’d like to get more information, be sure to log into Atlantic Union Bank.

“The benefits Sydbank and Jyske Bank will achive with this agreement, is exactly what we have argued foreign banks will achieve by joining forces with Absalon Project to establish a local mortgage bank, that offers funding after the principles in the Danish Mortgage Model” explains Alan Boyce, CEO of Absalon Project.

Time to consider mass mortgage refinancing

Article by Allan Sloan January 18, 2012 in The Washington Post. The article discus the idea to establish a refinance opportunity for 13 million American households, but before that this happens is important everybody be able of showing proof of income, which has earlier on been proposed in an article by Glenn Hubbard, Chris Mayer and Alan Boyce .

Soros Proves Nothing Rotten in Denmark for Home Loans: Mortgages

Article written by Jonans Bergman and Frances Schwartzkopff published January 18, 2012 by Bloomberg News.