Working Papers

My research is in the areas of banking, shadow banking, and consumer finance, especially mortgage finance

Cost Pass-Through and Mortgage Credit: The Case of Guarantee Fees 

with Ankit Kalda and David Sovich

Revise and Resubmit at the Review of Finance

Presented at: 2025 ABFER Conference, 2025 Northern Finance Association Conference, 2025 Southern Finance Association Conference, 2025 Modern Finance Conference (Online), 2024 Michigan State FCU Conference, 2024 LAPE-FINEST Spring Workshop,  2024 Indiana University Seminar, 2024 University of Florida Seminar

Direct from Syndication: Syndication Costs, Liquidity, and Growth of Direct Lending

with Christopher James and Tao Li

Presented at: 2026 Boca Finance and Real Estate Conference (Nov. 12-13, 2026)

Works in Progress

Fintech Entry, Mortgage Pricing, and the Geography of Prepayment

Job Market Paper

The Hedging Value of Banks’ Deposit Franchises

with Mark Flannery, Victor Jarosiewicz, and Sorin Sorescu