Greg Bauer is the Managing Director responsible for Moody’s bank ratings. Greg joined Moody’s in 1994. Prior to joining the Banking Group in 1996, Greg was the lead analyst for the global automotive industry.

Prior to Moody’s, Greg was at the Irving Trust Company in New York, which later merged with The Bank of New York. He worked in various lending and credit capacities while there, including specialized lending in the securities industry and banking groups. He spent several years in loan workout and was a division credit officer responsible for media and telecommunications and real estate lending.

Greg received a B.A. degree in economics from Rutgers College and a Masters degree from the Columbia University School of Business.

Gene Berman is an Assistant Vice President-Analyst with the Financial Institutions Group covering mortgage and finance companies.

Prior to joining the Financial Institutions Group, Gene was a member of the Servicer Quality Assessment Team within Moody’s Structured Finance Group. In this position, he had primary responsibility for analysis and assessment of servicers in both mortgage and non-mortgage ABS asset classes.

Gene joined Moody’s Investors Service in June 2005. Prior to joining Moody’s, Gene helped Kodak grow its nascent business in Russia by managing its Professional Products Division.

Gene holds an MBA from The Stern School of Business at New York University.

Gregory Bessermann is an Associate Vice President at Moody’s Investors Service Residential MBS Group. Mr. Bessermann joined Moody’s in 2005 and has since then held multiple positions in the US RMBS Primary and US RMBS Surveillance Groups. Currently Mr. Bessermann is a Team Captain in the US RMBS Surveillance Team with a focus on Prime-Jumbo and GSE risk transfer transactions.

Prior to joining Moody’s, Mr. Bessermann worked at Lehman Brothers in Mergers & Acquisitions. He holds an M.A. in finance from Brandeis University as well as a Magister in Finance Banking and Insurance from the Paris-Dauphine University.

Griselda Bisono is an Assistant Vice President/Analyst in the Commercial Real Estate Americas group at Moody’s Investors Service. At Moody’s she is responsible for a portfolio of real estate investment trusts (REITs) and real estate operating companies (REOCs) in the United States, Canada and Latin America. Ms. Bisono is also the industry specialist for multifamily REITs in the United States.

Prior to joining the Commercial Real Estate Finance group, Ms. Bisono held a variety of roles in Moody’s Revenue Accounting group. Ms. Bisono has been active in the real estate industry for over 11 years. She received a B.A. in Accounting from St. Joseph’s College and an M.B.A. from Baruch College, Zicklin School of Business.

Chris' interest in politics began during college when he interned and worked as a staff assistant in the office of Senator Pete Domenici of New Mexico. Not only did this experience serve as an introduction to government, it allowed him to work for his home state and began his career-long association with Native American issues.

During the 104th Congress, Chris worked for the House Banking and Financial Services Committee. Chris' responsibilities included speech writing and press relations, but also extended to policy-making in areas such as Indian housing and hospital finance. Chris worked with Housing Subcommittee Chairman Rick Lazio to craft the landmark Native American Housing Assistance and Self-Determination Act of 1996. While on the subcommittee Chris was also the liaison to the House Appropriations Committee and the House Committee on the Budget.

Senate Indian Affairs Committee Chairman Ben Nighthorse Campbell appointed Chris to serve as the Committee's policy specialist for Indian housing and economic development during the 105th Congress. While on the Committee staff Chris also managed joint Indian Affairs/Banking Committee oversight hearings on HUD programs and drafted legislation that sought to increase private investment on Indian reservations around the country.

In 1997 Chris became Executive Director of the National American Indian Housing Council, a not-for-profit organization providing services to and representing the interests of hundreds of Indian tribes across the continental U.S., Alaska and Hawaii. While serving as NAIHC's chief executive, Chris founded NAIHC's Mortgage Partnership Program, which brought tribes and bankers from across the nation to find ways to increase native homeownership and private capital investment on Indian Country. Chris also founded and served as the first publisher of Native American Housing News.

In January, 2001 Chris became part of the U.S. Department of Housing and Urban Development "parachute team," a group of five Presidential appointees tasked with taking over the agency before Senate-confirmed officials were in place.

Chris' first year in the Administration was spent as the Deputy Assistant Secretary for Legislation where he represented the Department and the President Bush on housing and economic development issues before the Congress. HUD Secretary Mel Martinez then appointed him to his personal staff where Chris served as the Secretary's Policy Advisor. In this position Chris continued to work with the Congress as well as the White House, OMB and various HUD offices to formulate HUD policies.

In March of 2003 Chris was appointed to be the Director of the Federal Office of Insured Health Care Facilities within the Federal Housing Administration. The office administers HUD's hospital mortgage insurance program. Under Chris' leadership the program expanded dramatically, including the first-ever FHA insurance for rural critical access hospitals and new records in loan volume without a single claim against the insurance fund — despite a mortgage insurance portfolio of nearly $8 billion.

Chris' campaign experience includes working with a variety of candidates across the country, most notably serving as campaign manager for John McClaughry, the 1992 Republican nominee for Governor of Vermont. Chris has also served as a consultant and advisor on campaigns both in the United States and in Great Britain.

Prior to working for the Congress, Chris was a reporter for CD Publications, a Washington-area newsletter publisher where he was Assistant Editor and Senior Housing Reporter for Housing Affairs Letter and Community Development Digest. He also served as co-editor of CD Publications' Federal Housing Register.

Chris is a published author and has lectured on the American political system across the United States and Europe. He is currently an adjunct faculty member at American University's School of Communications. He also works as a professional musician in the Washington area.

Chris graduated from the American University in 1993 with a degree in Political Science and received a Master of Arts degree in Communications (Journalism and Public Affairs) from AU in 1995.

Chris, his wife Sharon and their four children live on Capitol Hill in Washington, DC.

Mark is the founder of Essent and has served as Chief Executive Officer and as a member of the board of directors since 2008. He serves as Chairman of the Board of Directors and has more than 25 years of financial services management experience, with senior roles in the areas of mortgage banking, mortgage insurance, bond insurance and capital markets.

From 2001 to 2007, Mark held various senior management positions with Radian Group, Inc., including most recently serving as the president of its mortgage insurance subsidiary, Radian Guaranty, Inc. Prior to that, he oversaw capital markets and strategic investments for Radian and managed its joint venture businesses. Mark also held various management positions with Advanta Corp., a financial services company, including serving as its senior vice president of corporate finance services.

He holds a BS in accounting from St. Joseph's University and an MBA in finance from New York University.

Andres Carbacho-Burgos is a Director of Economic Research at the West Chester office of Moody’s Economy.com. He covers housing, state and regional economies, and also writes occasionally about the U.S. mortgage market and the international economic outlook. Before joining Moody’s Economy.com, he taught economics at Texas State University, where he also researched open-economy macroeconomics and income inequality. Originally born in Chile, he obtained his Ph.D. and Master’s in economics from the University of Massachusetts at Amherst and his B.A. in economics from Carleton College.

Kevin G. Chavers, Managing Director, is a member of BlackRock’s Government Relations and Public Policy Group. From 2011 to 2013 he was a member of the Financial Markets Advisory Group within BlackRock Solutions. Mr. Chavers has extensive experience in the mortgage capital markets and housing finance policy in both the public and private sectors. He is a member of BlackRock’s Government Relations Steering Committee.

Prior to joining BlackRock in 2011, Mr. Chavers was a Managing Director at Morgan Stanley, where he served as a Senior Relationship Manager with coverage responsibilities for the mortgage related Government Sponsored Enterprises and other clients. He previously headed the global mortgage operating businesses of Morgan Stanley and led their strategic repositioning. He also led strategy, execution and banking for the mortgage principal finance team within the Securitized Products Group. Prior to joining Morgan Stanley, he was a vice president in the Mortgage Securities Department at Goldman Sachs & Co. Mr. Chavers served as the President of Ginnie Mae in the Clinton Administration. He also formerly served as Majority Staff Counsel to the United States Senate Committee on Banking, Housing and Urban Affairs. He began his career with the law firm of Milbank, Tweed Hadley and McCloy in New York.
Mr. Chavers is a graduate of Harvard Law School and earned a Bachelor’s in City Planning from the University Of Virginia School Of Architecture.

He is a Partnership for New York City David Rockefeller Fellow and a Foreign Policy Association Fellow. He currently serves as Chairman of the Bedford Stuyvesant Restoration Corporation and on the boards of directors of the Upper Manhattan Empowerment Zone and The Regional Plan Association. Kevin serves on the Public Company Accounting Oversight Board Investor Advisory Group. He has also served on the boards of the University Of Virginia School Of Architecture Foundation, the Architectural League of New York, the Ridley Scholarship Fund at the University of Virginia, the Municipal Arts Society and the Appleseed Foundation. Mr. Chavers is a member of the New York Economic Club, the Friends of Education of the Museum of Modern Art, and is a Founding Member of the Potomac Coalition.

Mr. Chavers is a native of Philadelphia, Pennsylvania and resides in the New York metropolitan area.

James has lead coverage responsibility for a portfolio of U.S. and Bermuda-based insurance and reinsurance companies.

Prior to joining Moody’s in 2001, James was an Associate Director at Aon Capital Markets where he was involved in the structuring and placement of catastrophe
bonds, alternative risk transfer programs and contingent event capital for corporate and insurance company clients. Before to joining Aon Capital Markets, James was as
an independent floor trader at the Chicago Mercantile Exchange and a corporate legal assistant in the Asset Securitization Group at the law firm of Hunton & Williams.

James received an A.B. in History magna cum laude from Bowdoin College and an M.B.A. in Finance and Accounting from the University of Chicago Booth School of Business.

Glenn Eckert is the Associate Managing Director for the Homebuilding, Building Products and Materials Rating Team and the Global Covenant Research Team.

Before joining Moody’s in November 2000, he managed The Bank of Tokyo Mitsubishi Trust’s North American media and communications finance group.

Glenn is a CFA charter-holder and a member of the New York Society of Security Analysts. He holds an MBA and a BS in finance from George Mason University.

Bill Emerson is Vice Chairman of Rock Holdings Inc., the parent company of Quicken Loans, the nation’s second largest mortgage lender, and several other FinTech businesses. He is responsible for leadership, growth and culture development across the entire Rock Holdings portfolio.

Most recently, Bill was Chief Executive Officer of Quicken Loans, a position he held for 15 years. Under his leadership, Quicken Loans became the second largest retail mortgage lender and has closed nearly $300 billion in home loan volume across all 50 states since 2013.

Bill joined Quicken Loans in 1993 as a Mortgage Banker. His passion and commitment for learning and growing, as well as his zeal for taking care of clients, helped him take on many roles at the company.

J.D. Power has ranked Quicken Loans “Highest in Customer Satisfaction for Primary Mortgage Origination” in the United States for the past seven years, 2010–2016. The company was also ranked highest in the nation for client satisfaction among mortgage servicers by J.D. Power for three consecutive years, 2014 through 2016, each year the company was eligible.

Detroit-based Quicken Loans employs 16,000 team members. The company was ranked No. 5 on FORTUNE magazine’s annual “100 Best Companies to Work For” list in 2016, and has been among the top-30 companies for the last 13 years. Computerworld Magazine also recognized Quicken Loans as one of the “100 Best Places to Work in IT” for the past 12 years, ranking the company No. 1 in 2016, 2015, 2014, 2013, 2007, 2006 and 2005.

Bill is an active spokesman for the housing industry and has testified before the United States Senate Committee on Banking, Housing and Urban Affairs and the House Financial Services Subcommittee on Financial Institutions and Consumer Credit. He served as Chairman of the Mortgage Bankers Association (MBA) for the 2015-2016 term and is the former Vice-Chairman of the MBA’s Residential Board of Governors. He is also a board member of the Financial Services Roundtable’s Housing Policy Council (HPC) and the HPC’s Executive Council.

Bill is a member of the Board of Directors of Xenith, Inc., a football helmet company dedicated to advancing safety through innovation and education; the Detroit Economic Club; The Parade Company and the Skillman Foundation.

Dedicated to his community, Bill has been the recipient of the ALS Association’s Iron Horse Award and the Salvation Army’s prestigious William Booth Award, the nonprofit’s highest honor. He also supports the Alzheimer’s Association Greater Michigan Chapter.

Bill earned a bachelor’s degree in business from Penn State, where he was a member of the University’s 1982 National Championship football team.

Bill and his wife reside in the Detroit area with their two children.

Yehudah Forster is a Senior Vice President / Manager on Moody’s Investors Service’s U.S. residential mortgage-backed securitizations (RMBS) ratings team. Yehudah
chairs rating committees, performs credit and legal risk analysis on RMBS and other structured finance products, and manages several RMBS analysts. Yehudah is an
author of numerous special comments, articles and rating methodologies, often focusing on the intersection between legal and regulatory issues and credit. He has
received 12 Moody’s Structured Finance Research Awards for his publications.

Prior to joining Moody’s in 2007, Mr. Forster was co-general counsel at a boutique RMBS issuer/broker- dealer, and prior to that, an associate in Cadwalader,
Wickersham & Taft LLP’s Capital Markets Group. Mr. Forster is a graduate of New York University School of Law and Emory University, and is a member of the New York Bar.

Mr. Fricke came to Moody’s Investors Service in June, 2005 as Vice President – Senior Analyst responsible for running the day-to-day operations of Moody’s Servicer
Quality Ratings Team. In November 2006, Mr. Fricke was promoted to Vice President - Senior Credit Officer. Prior to joining Moody’s Mr. Fricke was at
PHH Mortgage, formerly known as Cendant Mortgage, where he was a Director of Investor Accounting and REO Claims. At PHH, Mr. Fricke was responsible for investor
accounting, bank reconciliation and REO claims for one of the largest residential mortgage servicers in the US. In addition while at PHH, Mr. Fricke managed the
servicing relationships between PHH and third parties including Merrill Lynch, American Express and Lehman Brothers.

Prior to PHH, Mr. Fricke spent nine years at Fannie Mae where he headed up a group responsible for monitoring and auditing Fannie Mae approved residential mortgage
servicers in the northeast region. In addition to monitoring, the group provided a wide range of consulting to large Fannie Mae servicers.

Mr. Fricke began his career 1984 at Meritor Savings Bank (formerly P.S.F.S. Bank) where he was the residential mortgage servicing manager.

Ola Hannoun-Costa is a Vice President-Senior Analyst in Moody’s Investors Service Residential MBS Group. She is a senior analyst in US RMBS Primary Ratings Team.
Prior to joining the RMBS Primary Ratings Team, Ola was a Team Captain in the US RMBS Surveillance Team where she also managed the Rating agency Consent (RAC)
process for US RMBS servicing transfers.

Ola joined Moody’s in 2005 from Best Doctors in Boston. She holds an M.B.A. in finance and management from New York University’s Stern School of Business, and a B.S. from Ithaca College.

Brian Harris, Senior Vice President, has been with Moody’s since 2002. During that time, he has been involved in a broad variety of financial institutions, including nonbank finance, government-sponsored enterprises, banking, and real estate finance. Brian is currently the Team Leader for U.S. Finance Companies. In addition, he is the lead analyst for Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

Brian came to Moody’s from Philip Morris Companies Inc. where he was the Director of Financial Research. There he was responsible for reviewing and identifying the
impact of Financial Accounting Standards and SEC guidelines. Prior to joining Philip Morris, Brian worked for Fannie Mae as a Senior Business Analyst and at Coopers &
Lybrand in the audit practice.

Brian is a CPA and holds a MBA from George Washington University and a BBA from The College of William and Mary.

Philip M. Kibel is an Associate Managing Director in the Commercial Real Estate Finance Group at Moody’s Investors Service, where he manages a team that focuses
on the ratings of real estate investment trusts (REITs) and real estate operating companies (REOCs). The team rates issuers from Canada through Latin America.

Prior to joining Moody’s, he was a Vice President with W. P. Carey & Co. LLC (WPC), a publicly traded real estate investment company that specializes in corporate real
estate financing using the corporate net-lease, or sale-leaseback structure. Philip was previously associated with Goldman, Sachs & Co., where he researched and
implemented estate tax planning for the general partners of Goldman, Sachs and created trusts to provide heirs with financial security. In addition, he published
internal reports summarizing the estate and gift tax laws of Japan, Hong-Kong and Germany.

Philip, a New York Certified Public Accountant, is a member of the American Institute of Certified Public Accountants. He received a BS in Accounting from Lehigh
University and also holds an MBA in Finance from Columbia Business School.

Warren Kornfeld is a Senior Vice President in Moody’s Financial Institutions Group covering mortgage, credit card, student loan banks and finance companies as well as
Government Sponsored Enterprises (FHLBanks, Farm Credit, Fannie and Freddie).

Prior to joining the Financial Institutions Group, Warren was a Managing Director for
Structured Finance Administration overseeing key strategic initiatives and prior to that Warren co-headed the Residential Mortgage- Backed Securities (RMBS) team as
well as headed up the U.S. Servicer Ratings team.

Warren joined Moody’s in 2001. Prior to Moody’s, Warren held senior investment banking positions with William Blair & Co., The Industrial Bank of Japan and Bickford & Partners focusing on a securitizations of a wide range of asset types, including residential mortgages, equipment lease, auto loan and lease, consumer assets and commercial receivables.

Warren holds a B.S. in Finance and Decision Sciences from the Wharton School of the University of Pennsylvania.

Deepika Kothari is an Associate Managing Director with Moody’s Investors Service.
She joined Moody’s in 2005. As head of the US Residential Mortgage Backed
Securities New Ratings team within the Structured Finance Group, she is responsible
for overseeing the ratings analytics of new issuance RMBS transactions. Deepika has
worked in new ratings and surveillance functions of RMBS since joining Moody’s in
2005 and has had a major role in refining our rating methodologies. She has
published extensively on the methodologies, presented our opinion at investor
briefings and through research publications.

Prior to joining Moody’s, Deepika worked for HSBC in India for three years in credit
and operations. Deepika holds a Bachelors degree in Chemical Engineering from
Mumbai, India, an M.B.A from the Indian Institute of Management, Ahmedabad and
an M.S. in Finance from Boston College.

Rachael McDonald is a Vice President – Senior Analyst in Moody’s Public Finance Housing & State Revolving Funds team. She serves as the lead analyst for state and local housing finance agency single and multifamily bond programs and for state clean water and drinking water revolving funds. In addition, she maintains a portfolio of project finance credits.

Prior to joining Moody’s in 2006, Rachael held positions at Deloitte Consulting in New York City and The Advisory Board Company in Washington, D.C. Rachael received both her M.B.A. and Masters in Social Work from Columbia University and her B.A. from Brown University.

Bart Oosterveld is Moody’s Chief Credit Officer for the Americas, and a Managing Director in the Credit Strategy team. He is responsible for identifying and analyzing the broad macro and credit trends, and leading and coordinating Moody’s ratings approach, across franchises in the region. In this capacity, he chairs the North America and Latin America credit councils.

Bart is a member of Moody’s Macro Board, which is charged with developing the macroeconomic forecasts for use in the rating process throughout the rating agency. He is also a member of the company’s Global Credit Council.

Prior to assuming his current assignments, Bart served as the rating agency’s head of sovereign risk between 2010 and 2014. Other past positions include credit officer for global project and infrastructure finance and lead analyst assignments in public and infrastructure finance. He is the author or co-author of a large number of Moody’s publications, including default research on the U.S. municipal market and the rating methodologies for sovereigns, multi-lateral development banks, utilities, and public-private partnership financings.

Bart holds degrees in Law and Spanish Literature from the University of Amsterdam, as well as in Public Administration from Columbia University and Economics from Georgetown University.

Nigel Morris is the co-founder and managing partner of QED Investors, a direct investment fund focused on high-growth companies that leverage the breakthrough power of data strategies in fin tech. Nigel and his partners at QED are world-renowned for their dexterity and prowess in the consumer technology and lending spaces – as evidenced by QED’s early stage investments in numerous industry leaders including Credit Karma, ClearScore, TransUnion, SoFi, Green Sky, Avant, China Rapid Finance, Prosper, and Media Math. Nigel enjoys spending time with visionaries and leadership teams that are looking to empower consumers through transparency and accountability – with the ultimate goal of expanding opportunity and bettering the lives of others.

Currently, Nigel serves on the board of numerous for-profit companies, including Red Ventures, GreenSky, AvidXchange, Media Math, Prosper, and is the Chairman of ClearScore.  He is also on the board of ideas42 and works in an advisory capacity with General Atlantic Partners and Oliver Wyman Consulting. Formerly, Nigel served on the boards of Capital One, the Economist, Brookings, National Geographic, Klarna, Braintree, BBVA’s Innovation Advisory Board, TransUnion, and London Business School. Additionally, Nigel frequently keynotes at industry leading conferences including Money2020, LendIt, American Banker, the Economist, and numerous other offsites and private events.

Prior to venture investing, Nigel co-founded Capital One Financial Services in 1994. Under Nigel’s leadership as President and Chief Operating Officer, Capital One pioneered an information-based strategy that fundamentally transformed the consumer lending industry. Combining advanced statistical marketing techniques with nascent information technologies, the company reduced costs to conventional borrowers, extended capital to overlooked consumers, expanded internationally, and produced extraordinary returns for investors.

During Nigel’s ten-year tenure, Capital One’s net income after taxes (NIAT) grew at a compound annual rate of more than 32%. Over this same decade, earnings per share growth and return on equity both exceeded 20% per year, a financial performance attained by only a handful of American companies. Upon leaving Capital One in 2004, the company’s 15,000 employees across the United States, Canada and the United Kingdom managed over $80 billion of loans for 50 million customers. Generating over $1.5 billion in earnings, Capital One had successfully transitioned from an emerging start-up into an established public company valued at over $20 billion.

Although Nigel grew up in London, he takes immense pride in the fact that he is at least half Welsh. He has a BSC with honors in Psychology from the East London University and a MBA with distinction from London Business School, where he is also a Fellow. Nigel is an avid cyclist, however he is happiest when he is at home in Virginia with his wife and four children.

Joseph O'Doherty is a Managing Director, responsible for the mortgage ABS banking and the mortgage warehouse lending business. Mr. O'Doherty joined Barclays in 2003 and has previously worked at Credit Suisse, Contifinancial, and JP Morgan. Mr. O'Doherty holds a Bachelor of Science degree and a Masters of Business Administration from New York University.

Kevin is Chief Financial Officer responsible for the Financial, Capital Markets, Investor Relations, Risk Management, and Accounting operations of the Company. He is also a member of the Company’s Management Investment Committee.

Prior to assuming his current role, Kevin served in several capacities within the Company’s Financial Services Department, including Executive Vice President Capital Markets, Senior Vice President Investment Management, and Vice President Investment Management. Before joining AvalonBay in 2003, Kevin was an Executive Director at UBS Investment Bank, where his experience included REIT capital markets and M&A transactions as an investment banker. Earlier in his career, he practiced commercial real estate and banking law as an attorney.

Kevin holds an MBA from Harvard University, a JD from Southern Methodist University and a BA from Boston College. He also serves on the board of trustees of Urban Edge Properties (NYSE: UE), a real estate investment trust that owns, manages, acquires, develops, redevelops, and operates retail real estate in high barrier-to-entry markets.

Jim Parrott is a senior fellow at the Urban Institute and owner of Falling Creek Advisors, which provides financial institutions with strategic advice on housing finance issues.

Before joining Urban in 2013, Parrott served for several years in the White House as a senior advisor at the National Economic Council, where he led the team of advisors charged with counseling President Obama and the cabinet on housing issues. He was on point for developing the Obama administration’s major housing policy positions; articulating and defending those positions with Congress, the press, and the public; and counseling White House leadership on related communications and legislative strategy. He was previously counsel to Secretary Shaun Donovan at the Department of Housing and Urban Development, advising on a range of housing finance issues.

Parrott has a BA from the University of North Carolina, an MA from the University of Washington, and a JD from Columbia University School of Law.

Stanislas Rouyer, Associate Managing Director, Global Research - Financial Institutions, has been with Moody’s Investors Service, the global rating agency, since 1992. During that time, he has been involved in a broad variety of financial institution areas, including finance and insurance companies, government sponsored enterprises, and more recently reinsurers, mortgage insurers and financial guarantors. In late 2016, Mr. Rouyer assumed the role of head of research for financial institutions globally.

Prior to joining Moody’s, Mr. Rouyer was a financial analyst and assistant actuary at SOREMA NA, a reinsurance company. He holds an M.B.A. in finance from Fordham University. Mr. Rouyer also holds a Bachelor of Arts with great honor from the Ecole Des Cadres in Paris, France.

Sang Shin is a Vice President – Senior Analyst with Moody’s Investors Service. Mr. Shin has been involved in credit risk analysis in a variety of structured finance transactions, including U.S. residential mortgage-backed securitizations (RMBS) in the US and
European Covered Bonds based in London. Prior to joining Moody’s, Mr. Shin worked at Citigroup in Global Capital Markets focusing on RMBS securitizations. Mr. Shin graduated from the University of Pennsylvania, Wharton School with an MBA in Finance and Strategy.

Tiina Siilaberg is an analyst in Moody’s Corporate Finance Group. Tiina covers homebuilding and building products companies. Tiina also manages Moody’s research and analysis associated with corporations’ refinancing needs and risks related to refunding activities and is in charge of Moody’s Refunding Index.

Prior to joining Moody’s in May 2005, Tiina worked in Merrill Lynch’s Global Private Client Group where she co-managed a portfolio of clients’ investments. She holds an M.B.A. from NYU Stern School of Business.

Joseph Snider is a Vice President - Senior Credit Officer responsible for the debt ratings of homebuilding and land development companies.

Prior to joining Moody’s, Joe spent over seven years with Enhance Reinsurance Company performing corporate credit analysis and working on structured finance transactions. For the 10 years prior to that, Joe was an equity research analyst at Bankers Trust Company covering a number of different industries.

Joe holds an M.B.A. in finance from Wharton and a B.A. in economics from UCLA.

David Teicher is a Senior Vice President in Moody’s Public Finance Housing & State Revolving Funds team. He serves as the lead analyst for state and local housing finance agency single and multifamily bond programs and for project finance credits within the housing sector.

Prior to his current position, David was head of rating operations for Moody’s Investors Service’s (MIS) Sovereign Risk Group. Previously, at different times, he oversaw MIS’s implementation of the European Union’s then new regulation requirements on credit rating agencies, headed MIS’s Compliance Department, co-headed MIS’s Residential Mortgage-Backed Securities (RMBS) team and headed MIS’s Collateralized Debt Obligation (CDO) Surveillance team. He joined Moody’s in 1996 as a lead analyst in the RMBS team and later became a lead analyst in the Derivatives group.

Before coming to Moody’s, David practiced corporate and securities law, including as General Counsel of Local Initiatives Managed Assets Corporation (LIMAC), a secondary market for multifamily housing loans and affiliate of Local Initiatives Support Corporation (LISC). David holds a J.D. and M.B.A. from the University of Chicago and a B.A. magna cum laude in physics from Wesleyan University.

Sonny Weng is a lead analyst in Moody’s Investors Service Residential Mortgage-Backed Securities Group. Mr. Weng has been primarily responsible for credit risk analysis of structured finance transactions including single family rental (SFR) and U.S. residential mortgage-backed securitizations (RMBS). Prior to joining Moody’s, Mr. Weng worked at Interactive Data Corporation as a Structured Securities Analyst evaluating mortgage-backed securities and HSH Investment Management as a portfolio manager/analyst managing a portfolio of mortgage-backed securities.

Mark M. Zandi is chief economist of Moody’s Analytics, where he directs economic research. Moody’s Analytics, a subsidiary of Moody’s Corp., is a leading provider of economic research, data and analytical tools. Dr. Zandi is a cofounder of Economy.com, which Moody’s purchased in 2005.

Dr. Zandi’s broad research interests encompass macroeconomics, financial markets and public policy. His recent research has focused on mortgage finance reform and the determinants of mortgage foreclosure and personal bankruptcy. He has analyzed the economic impact of various tax and government spending policies and assessed the appropriate monetary policy response to bubbles in asset markets.

A trusted adviser to policymakers and an influential source of economic analysis for businesses, journalists and the public, Dr. Zandi frequently testifies before Congress on topics including the economic outlook, the nation’s daunting fiscal challenges, the merits of fiscal stimulus, financial regulatory reform, and foreclosure mitigation.

Dr. Zandi conducts regular briefings on the economy for corporate boards, trade associations and policymakers at all levels. He is on the board of directors of MGIC, the nation’s largest private mortgage insurance company, and The Reinvestment Fund, a large CDFI that makes investments in disadvantaged neighborhoods. He is often quoted in national and global publications and interviewed by major news media outlets, and is a frequent guest on CNBC, NPR, Meet the Press, CNN, and various other national networks and news programs.

Dr. Zandi is the author of Paying the Price: Ending the Great Recession and Beginning a New American Century, which provides an assessment of the monetary and fiscal policy response to the Great Recession. His other book, Financial Shock: A 360º Look at the Subprime Mortgage Implosion, and How to Avoid the Next Financial Crisis, is described by the New York Times as the “clearest guide” to the financial crisis.

Dr. Zandi earned his B.S. from the Wharton School at the University of Pennsylvania and his PhD at the University of Pennsylvania. He lives with his wife and three children in the suburbs of Philadelphia.

Florence Zeman is an Associate Managing Director for the Housing Finance & State Revolving Funds Team, which is responsible for providing and maintaining ratings for state clean water and drinking water revolving funds and state and local housing finance agency single and multifamily bond programs. Under her direction the team publishes research and have updated methodologies on all of the sectors the team covers. Florence also participates in the ratings of other public finance credits, real estate and asset backed transactions and sovereigns and sub-sovereign credits.

Prior to joining Moody’s, Florence was a Vice President in the Structured Finance Department at AMBAC. She holds a master’s degree in Public Finance and a bachelor’s degree in history, both from New York University.

Marian Zucker, the President of the Office of Finance & Development for New York State Homes and Community Renewal, oversees multifamily and single family housing programs and debt issuance for the agencies. In the last four years, the Agencies have been the most active housing bond issuer in the country. Ms. Zucker has spent her career in the area of affordable housing. Prior to joining the agency in February 2007, she served as the first Director of Affordable Housing for Suffolk County. For more than 16 years, Ms. Zucker was an investment banker specializing in affordable housing finance. Ms. Zucker also served in several capacities at the New York City Department of Housing Preservation and Development. Ms. Zucker received her masters in City and Regional Planning from Harvard University and is a summa cum laude graduate of SUNY College at Buffalo. She also attended the Program for Senior Executives in State and Local Government at Harvard University's John F. Kennedy School of Government.