LoanPerformance Hires Fed Economist

Published September 08, 2004, 2:00 p.m. EDT

1 Min Read

LoanPerformance Inc. has hired Federal Reserve Board senior economist Paul S. Calem, whose research on mortgage credit risk has guided the Fed in developing new risk-based capital standards for the largest U.S. banks under the proposed Basel Capital Accord.Dr. Calem will be vice president for product development at LoanPerformance, a mortgage data and research firm based in San Francisco. He worked in the Fed's division of research and statistics for 10 years. Before his Basel-related work, Dr. Calem was co-developer of the Fed's statistical analysis procedures for fair-lending examinations.

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