Nancy E. Wallace

Professor
Lisle and Roslyn Payne Chair in Real Estate and Capital Markets
Chair, Real Estate Group
On sabbatical Fall 2010
PhD, Urban and Regional Planning
University of Michigan

Research:

• Housing Price Indices and Models to Monitor Residential Real Estate Price Movements Over the Business Cycle
• Mortgage Prepayment and Pricing Models
• Mortgage Contract Design and the Market Microstructure of Mortgage Backed Security Trading
• Option Pricing Models for Pricing Commercial and Retail Real Estate Leases for Use in the Commercial Mortgage Backed Securities Markets
• Executive Stock Option Valuation

Publication Highlights:

• "Is the Market for Mortgage Backed Securities a Market for Lemons?" with Chris Downing and Dwight Jaffee, Review of Financial Studies, forthcoming.
• "An Empirical Test of a Two-Factor Mortgage Valuation Model: How Much Do House Prices Matter?" with Christopher Downing and Richard Stanton, Real Estate Economics, Winter 2005.
• "Innovations in Mortgage Modeling: An Introduction," Real Estate Economics, Winter 2005.

More about Nancy E. Wallace

More about Haas Faculty

Back to Real Estate Faculty