Events

The Department of Mathematics sponsors a regular colloquium that hosts several talks by external speakers every year and a general faculty seminar for talks by faculty and students. Seminars are listed below after the colloquia.

Mathematics Colloquium

On Friday, May 20, 2022, Dr. Junsen Tang, Assistant Professor of Actuarial Science at the University of St. Thomas, will present a colloquium lecture on the Valuation and Optimal Surrender Policy for Reverse Mortgage Guarantees. The lecture will take place at 2:30 pm, in Room 219 of 7800 York Road.

Abstract: This talk will discuss an optimal surrender analysis of the HECM reverse mortgage offered to elderly homeowners as a retirement planning solution. Reverse mortgages generally have open maturity dates, which have raised concerns about the impact of borrowers’ early termination on the program viability. In our paper, we derive the borrower optimal surrender strategy as a function of the underlying value of the home used as collateral for HECM contracts. Using a probabilistic approach to American option pricing, we present a decomposition result for the value of the contract as the sum of its European counterpart without the surrendering provision and an early exercise premium. Based on the resulting surrender boundary, we explain the existing market evidence about borrower rational lapsation and offer important policy implications to the prevalent HECM program.

Recent Mathematics Colloquium Talks

Date Topic Speaker
Apr 15, 2022 The mathematics of how HIV/AIDS defeats the immune system and how to defeat the virus Dr. Cameron Browne,
University of Louisiana at Lafayette
Apr 8, 2022 Numerical methods for solving polynomial systems Dr. Dan Bates,
US Naval Academy
Mar 4, 2022 The topological symmetry groups of the Heawood graph Dr. Robin Wilson,
Cal Poly Pomona
Oct 29, 2021 The value of a pension buyout: An employee (retiree) perspective Dr. Tianxiang Shi,
Temple University
Oct 15, 2021 Learning nonlinear operators using deep neural networks for diverse applications Dr. Lu Lu,  
University of Pennsylvania
May 7,
2021
Studying graphs associated with groups Dr. Mark Lewis,
Kent State University
Apr 16,
2021
A new regularization term for deep neural networks with applications to biological data Dr. Zerotti Woods,
Johns Hopkins University
Nov 6, 2020 On a dense universal Hilbert set  Dr. Michael Filaseta,  University of S. Carolina
Oct 16,
2020
Doing algebra with pictures Dr. Nick Davidson,
Reed College

Seminar Meetings

The Mathematics Seminar is the venue where Towson faculty and students report on their research activities. The Graduate Seminar hosts expository talks by faculty that introduce graduate students in the departmental APIM Master's program to topics that present opportunities for graduate research projects. 

Upcoming Seminars

Check back soon!

Recent Mathematics Seminar & Sabbatical Talks

  • On May 6, 2022, Dr. Leonid Stern presented a sabbatical lecture on the Distribution of norm groups of algebraic number fields.
  • On April 29, 2022, Dr. Yunwei Cui presented a sabbatical lecture on the Estimation of a semi-parametric trend model: Theory and practice.
  • On June 8, 2021, Dr. Min Ji presented a sabbatical lecture on Modeling mortality dependence: An application of dynamical vine copula.
  • On May 14, 2021, Dr. Angel Kumchev presented a sabbatical lecture on Recent results in discrete harmonic analysis.