Academic Profile:

My current academic research focuses primarily on the mortgage and real estate industry in the United States and the European Union.

The major area of my concentration right now is the several different factors that lead to and finally caused the residential mortgage banking market to collapse. 

• Specifically how did the new technological innovations over the last 15 years contribute to the meltdown or caused it.
• What could have been done to stop it and by whom, to advert the largest real estate value decline since the great depression. 
• Is the free market system alone going to be able to correct the real market? 
• Or does the federal and state governments need to institute sweeping changes as happened in 1930’s after the last major real state and banking collapse?
• Is the United States going have the same problems as Japan did and still does after their collapse?
  

 
Another area I am researching is to develop models and formulas for determining the current and future commercial and residential real estate owner's walk away rates. Once completed these models will be able to help answer the following:

• What is driving this to happen? 
• Are current government programs effecting the rates of walk away in a positive or negative way? 
• At what point should a property owner decide walk away?
• Or how long stay in an underwater property? 
• Even when should a lien holder walk away?

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A sad but true commentary, shown below, about the current state of the banking industry in the United States.

image from public domain source