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Zhang et al. (2017) analyzed the originate characteristic of code bias in BDS MW-defined combination and concluded that the origin of errors may from transmitting satellite sides for IGSO and MEO satellites, and the biases for GEO satellites originate from both ground- and satellite sides, mainly from ground multipath.
Next, we should resist calls to scrap the "originate to distribute" model, wherein banks originate mortgages, which are then packaged into mortgage pools and turned into mortgage-backed securities that are sold to investors around the world.
In finance the "originate and distribute" model of bank lending may have dispersed risk, but it also meant that a problem in the American housing market damaged banks all over the world.
This was the "originate and hold" model of credit creation.
Although the design of the SIQ/SIQ-JR was lack of theoretically based factor structure, Reynolds [ 8], the originate author, had explored a three-factor structure for both versions of scales, through exploratory factor analysis (EFA).
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It also created a more buoyant market for the securities of Freddie and Fannie, feeding the originate-and-distribute machine.
This gave rise to the first causes of the crisis: the originate-and-distribute model of securitisation and the extensive use of leverage.
"Others just asked for the price".If securitisation contributed to the boom and bust, does that spell the end of the originate-to-distribute (OTD) model of banking?
But a more sober version of the originate-to-distribute model will emerge.The failures highlighted by this crisis run deeper than the weaknesses of securitisation, however.
This may not seem very different from the "originate-to-distribute" securitisation models that flourished in America and parts of Europe in recent years.
It was the originate-to-sell model of some mortgage brokers, who took none of the risk on the loans they marketed, that proved an invitation to irresponsibility and fraud.
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