In this article, the authors report findings on changes in Fannie Mae and Freddie Mac’s mortgage loan quality by analyzing over 15 million loans from 2001-2015.
Abraham Park, PhD
, is an associate professor of finance at Pepperdine University’s Graziadio School of Business and Management, where he teaches real estate finance and corporate finance. Previously, Dr. Park was a lecturer of economics and real estate finance at University College London. His research is in the areas of real estate finance, corporate real estate, and franchises. Dr. Park has over 12 years of experience in law, Silicon Valley technology start-up ventures, management consulting, hedge funds, and global real estate research and investments. He has worked and lived in the U.S., Asia, and Europe. Dr. Park holds an MPhil and PhD from the University of Cambridge, a JD and BA from the University of California-Berkeley, and an MPP from Harvard University. Dr. Park currently holds the Julian Virtue Professorship at Pepperdine.