Ira Scot Holmes
Managing Director, Convexity Consulting Group, LLC, Adjunct Professor of Law
B.S., Hampton University; M.B.A., University of Wisconsin
B.S., Hampton University; M.B.A., University of Wisconsin. Professor Holmes is a licensed Virginia and Pennsylvania certified public accountant. Professor Holmes is also an adjunct professor...Continue Reading
B.S., Hampton University; M.B.A., University of Wisconsin. Professor Holmes is a licensed Virginia and Pennsylvania certified public accountant. Professor Holmes is also an adjunct professor in the graduate accounting program at The George Washington University and in the accounting department at the University of Maryland/University College. He is currently Managing Director of Convexity Consulting Group, LLC (“CCG”), a firm providing investment advisory and risk management services to clients in the fixed income securities markets. Professor Holmes has an extensive background in domestic and international housing finance. His recent project work in Nigeria afforded him the opportunity to have broad impact on the primary and secondary housing finance system of that country. Professor Holmes began his career as a consultant with Price Waterhouse Coopers focused in the banking and financial services industries. Later, he joined the Federal Home Loan Mortgage Corporation (“Freddie Mac”) as a trader in their Security Sales and Trading Division. He then moved to Wall Street where he held positions with Goldman, Sachs, Bear Stearns and J.P. Morgan Securities. After 14 years on Wall Street, Professor Holmes returned to Washington and rejoined Freddie Mac as Director of Mortgage Securities Marketing. In that role, he pioneered the first European-Libor fund using Freddie Mac Gold PCs as collateral. Professor Holmes has been regularly sought as a “Subject Matter Expert” to speak at conferences, symposiums and industry conventions on Affordable Housing Solutions and Alternative Markets. Before starting CCG, Professor Holmes was Vice President of Global Rates Products at Wachovia Securities. In that role, he successfully negotiated Wachovia’s first Whole Loan ARM placement and led a team that generated over $500 billion notional amount in mortgage derivative hedges.