Background
Yang, Tyler T. Arrived in United States, 1985. Son of Venter Yang and Yuanhua Tao.
Yang, Tyler T. Arrived in United States, 1985. Son of Venter Yang and Yuanhua Tao.
Doctor of Philosophy in Finance, University Illinois, Urbana-Champaign, 1991.
Assistant professor California State University, Long Beach. Assistant architect Tunghai Graduate School Architecture, Taipei, Taiwan, 1984—1985. Senior research economist Fannie Mae, Washington, 1994—1996.
Director PricewaterhouseCoopers, Arlington, Virginia, 1996—1999. Senior director Freddie Mac, McLean, 1999—2002. President, Chief Executive Officer IFE Group, Rockville, Maryland, since 2002.
Adjunct professor George Washington University, Washington, 1999—2000, Georgetown University, Washington, 2003—2005.
Achievements include patents in field. Invention of a multivariate repeat sales model for estimating house price indices. Invention of option pricing in a multi-asset complete market economy.
Research in an analysis of ex-ante probabilities of mortgage prepayment and default. Research in rationales of mortgage insurance premium structures. Research in interest-only and principal-only mortgage strips as interest rate contingent claims.
Research in optimal leverage strategy and capital structure in real estate investments. Research in optimal interest rated discount points combination. Research in mortgage refinancing with asymmetric information.
Research in self-selection in the fixed mortgage market. Research in microfoundation of a mortgage prepayment function. Research in mortgage prepayment with an uncertain holding period.
Research in curtailment as a mortgage performance indicator. Research in valuing mortgage backed securities with alternative term structure.
Member of American Real Estate and Urban Economics Association, American Real Estate Society, Asian Real Estate Society (executive director 1996—2007).
Married Sandy Wang, 1985. Children: Andrea, Stephanie.
