Addresses

“Illiquidity and Insolvency in Mortgage Markets: A Comment,” Brookings Papers on Economic Activity Conference, March 9, 2018.

“Housing Finance Governance and Mortgage Markets,” FHFA Supervision Conference, November 14, 2017.

“Housing Stability, Systemic Risk and Securitization,” Keynote Address, Norges Bank Housing and Household Finance Conference, Olso, Norway, August 27, 2017.

“Financial Stability and Mortgage Markets,” Conference on the Appropriate Government Role in U.S. Mortgage Markets by the Federal Reserve Bank of New York, New York, NY, April 27, 2017.

“Mortgage Market Design for Macrostability and Access,” Conference on Urbanization Landscape and Inclusive Housing Finance, Jakarta, Indonesia, November 7, 2016.

“Why Housing Cyclicality Matters,” International Housing Finance Symposium by Canada Mortgage and Housing Corporation (CMHC), Ottawa, Canada, October 4, 2016.

“How Does Immigration Impact Neighborhoods?” Conference on Immigration Economics at in the CATO Institute, Washington, D.C., September 2, 2016.

“Why Cyclicality Matters to Access to Mortgage Credit: Has the Mortgage Pendulum Swung Too Far?” Rappaport Center for Law and Public Policy, Boston College, Boston, MA, September 30, 2016. Presentation

Under Construction: How will the President Remodel Home Lending? POLITICO, Philadelphia, PA, July 26th, 2016
Video Presentation

A Renter or Homeowner Nation?
AREUEA, 44th AREUEA National Conference, Washington, D.C., June 03, 2016.

Financial Innovation & the Macroeconomy
Julius Rabinowitz Center for Public Policy and Finance at Princeton University, Fifth Annual JRCPPF Conference, Princeton, NJ, February 18, 2016.

Housing Finance Reform: Policy Options for an Informed Market
The Federal Reserve Bank of Atlanta, Real Estate Conference, New Orleans, LA, December 10, 2015.

Interdisciplinary Approaches to Financial Stability
University of Michigan, Center on Finance, Law, and Policy, October 22, 2015.

REIT Financing Choices: Preparation Matters
NAREIT/AREUEA Real Estate Research Conference, New York, NY, June 8, 2015

Borrower Perspective
Mortgage Contract Design: Implications for Households, Monetary Policy, and Financial Stability, Federal Reserve Bank of New York, New York, NY, May 20, 2015

Effectiveness of Property Market Policies in Singapore and around the World
Keynote Address, National University of Singapore (NUS)-Institute of Real Estate Studies Policy Forum, Shangri- La Hotel, Singapore, Republic of Singapore, May 5, 2015

Real Estate and Urban Economics: The Last 50 Years and the Next
50th AREUEA Annual Conference, Westin Copley, Staffordshire, Boston, MA, January 5, 2015

Sustainable Housing Finance Strategies (Housing Finance after the Global Financial Crisis)
Keynote Address, The 5th Asia-Pacific Ministerial Conference on Housing and Urban Development, Seoul, Republic of Korea, November 3, 2014

The Devolution of Appraisal and Underwriting Theory and Practice
Third International Conference on Housing Risk, American Enterprise Institute, Washington D.C., September 17, 2014

Structure of Securitization Markets: Role in U.S. Housing Bubble
The Future of Housing Finance: NIESR/ERSC/CFM Finance Conference, Bank of England, London, UK, September 12, 2014

Transparency and Incentives in Housing Finance
Keynote Address, Norges Bank, Olso, Norway, May 8, 2014.

Housing, Stability and the Macroeconomy: International Perspectives
Federal Reserve Bank of Dallas, Dallas, TX, November 14-15, 2013
Event Website and Agenda,    Presentation

The New Housing Finance System: Are We There Yet? Policy Summit on Housing, Human Capital and Inequality
Federal Reserve Bank of Cleveland, Cleveland, OH, September 19, 2013
Event Website and Agenda,   Presentation

Countercyclical Policies: Discussion, International Conference on Collateral Risk: Moderating Housing Cycles and their Systemic Impact
American Enterprise Institute, July 31, 2013
Event Website and Agenda,   Presentation

Price Indices: What is Their Value? SKBI Annual Conference on Financial Economics
Singapore Management University, Singapore, May 7, 2013
Event WebsiteAgenda, Presentation

Regulation or Nationalization? Lessons Learned From the 2008 Financial Crisis
Association for Public Policy Analysis and Management Fall Research Conference, November 9,  2012
Event Website,   Agenda

Keynote address at the Maxwell Policy Research Symposium Housing Issues in the 21st Century
organized by the Maxwell School at Syracuse University, September 21-22, 2012
Conference Website,   AgendaAddress Video

Symposium on Asia Growth and Urban Economy
organized by the National University of Singapore Institute of Real Estate Studies, comment on Geographic Adverse Selection in the Reverse Mortgage Market by Thomas Davidoff, July 6-7, 2012
Event Website,   Agenda

Presentation, Loan Modifications and their Outcomes, at Strategies to Improve the Housing Market Conference
held by the Pew Charitable Trusts, June 20, 2012
Event Website,   Agenda,   Paper

Housing Policy: Challenges, Opportunities and Solution
at the National Association of Realtors Midyear Legislative Meeting, May 15, 2012
2013 Event Website


Invited Testimony to Congress


Fannie Mae and Freddie Mac: How Government Housing Policy Failed Homeowners and Taxpayers and Led to the Financial Crisis

testimony before the Subcommittee on Capital Markets and Government Sponsored Enterprises, 6 March, 2013

The US Housing Finance System in the Global Context
testimony before the Subcommittee on International Monetary Policy, U.S. House of Representatives, 13 October, 2011.

Toward a New Housing Finance System
testimony before the Subcommittee on Capital Markets and Government-Sponsored Enterprises, U.S. House of Representatives, 31 March, 2011.

The Housing Market Recovery?
testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, 9 March 2011.

Procyclicality, Resiliency and Systemic Risk: Why Some Housing Finance Systems Failed and Others Did Not
testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, 29 September 2010.

Information and the Mortgage Crisis
testimony before the Committee on Financial Services, U.S. House of Representatives, 29 September 2010.

Envisioning a Safe, Sound Mortgage Market for Sustainable Homeownership,
testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, 8 October 2009.

Current Trends in Foreclosures and What More Can Be Done to Prevent Them
testimony before the Joint Economic Committee, 28 July 2009.

Restructuring Fannie Mae and Freddie Mac
testimony before the Subcommittee of Capital Markets, Insurance, and GSEs, Committee on Financial Services, 3 June 2009.

Stabilizing the Housing Market
testimony before Committee on Banking, Housing, and Urban Affairs, U.S. Senate, 13 November 2008.

Incentives and the Current Crisis
testimony before the Committee on Oversight and Government Reform hearing titled “Executive Compensation II: CEO Pay and the Mortgage Crisis,” U.S. House of Representatives, 7 March 2008.

Oversight of Government-Sponsored Enterprises: The Risks and Benefits of GSEs to Consumers
Hearing before the Financial Management, the Budget and International Security Subcommittee of the United States Senate Committee on Governmental Affairs, 21 July 2003.

The GSE’s Affordable Housing Goals – Briefing for the Senate Committee on Banking, Housing, and Urban Affairs 5 April 2000.

FY 2001 Congressional Hearings on HUD Appropriations, Senate Committee on Appropriations/Subcommittee on VA-HUD Independent Agencies 30 March 2000.

FY 2001 Congressional Hearings on HUD Appropriations, House Committee on Appropriations/Subcommittee on VA-HUD Independent Agencies 23 March 2000.

Trends in Homeownership in the U.S.
Invited Congressional Testimony, Wash D.C., 23 March 1998.