Welcome to Federal Credit Fridays! The U.S. government is one of the largest lenders and credit guarantors on earth. Its portfolio is estimated at over $3.6 trillion, as measured by loan assets and the face value of loan guarantees. The government uses credit for a wide variety of policy missions, including housing, higher education, small businesses, rural and urban economic development, infrastructure, and export promotion, among others. This podcast will familiarize you with the vast world of federal credit, and we hope that you’ll learn about similarities and differences between these programs as well as the importance of their work to achieving policy missions within the framework of public-private collaboration.
In today’s podcast, Kayla Andriate, a manager at Summit Consulting, discusses performing cohort-level reestimates for programs with thousands of homogeneous loans, which requires statistical and econometric techniques. Ms. Andriate is an expert in performing annual reestimates for federal credit programs that have large loan cohorts, and she has been serving and leading engagements that extend loans for farms and small businesses for almost 10 years. Listen below and let us know what you think.