Dr. Edward Seiler to Serve as Director of Mortgage Finance

Summit is pleased to announce that Dr. Edward Seiler has been appointed as Summit’s Director of Mortgage Finance. Dr. Seiler comes to Summit after a decade at Fannie Mae, where he served as Director, Economics.

At Fannie Mae, Dr. Seiler was responsible for managing the development of analytical models used to guide business decisions in Fannie Mae’s National Servicing Organization. His recent projects have included developing servicer performance scorecards, estimating the economic benefits of transferring non-performing loans to high-touch servicers, and building specialized loss forecast models for disaster affected loans. Earlier in his career at Fannie Mae, he played a central modeling role in building the Net Present Value Model used in the Treasury’s Home Affordable Modification Program.

Summit’s Mortgage Finance Directorate specializes in quantitative risk-assessment techniques applied in evaluating and scoring risk in large mortgage portfolios to aid in loss estimation, provisioning for losses, and mitigation.

Dr. Seiler has lectured graduate-level econometrics at Johns Hopkins University and has published several peer-reviewed articles. He was previously employed as a manager at Bates White, an economics consulting firm, and as a post-doctoral fellow at the Hebrew University. He earned his Ph.D. in economics from The University of Chicago, where he was a Fulbright Scholar. Previously, he received his M.S. and B.S. degrees from the Hebrew University in agricultural economics and management.