William M. Doerner

Federal Housing Finance Agency

Supervisory Economist

400 7th Street SW

Washington, DC 20219

United States

http://www.fhfa.gov

SCHOLARLY PAPERS

20

DOWNLOADS

922

TOTAL CITATIONS
Rank 19,294

SSRN RANKINGS

Top 19,294

in Total Papers Citations

23

Scholarly Papers (20)

1.

The Impact of the Order of Test Questions in Introductory Economics

Number of pages: 18 Posted: 02 Jan 2009 Last Revised: 21 Jul 2014
William M. Doerner and Joseph P. Calhoun
Federal Housing Finance Agency and Florida State University - Stavros Center for Economic Education
Downloads 229 (273,765)

Abstract:

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undergraduate economics, question order, tests

2.

The Effects of Monetary Policy on Mortgage Rates

FHFA Working Paper 14-2
Number of pages: 75 Posted: 05 Dec 2014
Saty Patrabansh, William M. Doerner and Samuel Asin
Federal Housing Finance Agency, Federal Housing Finance Agency and Federal Housing Finance Agency
Downloads 201 (312,610)
Citation 1

Abstract:

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asset purchase, QE, Federal Reserve, interest rates, mortgage rates, financial projections

3.

Additional Market Risk Shocks: Prepayment Uncertainty and Option-Adjusted Spreads

FHFA Working Paper 15-3
Number of pages: 24 Posted: 10 Jul 2019
Alexander Bogin, Nataliya Polkovnichenko and William M. Doerner
Federal Housing Finance Agency, Federal Housing Finance Agency and Federal Housing Finance Agency
Downloads 101 (541,663)
Citation 1

Abstract:

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prepayment, option-adjusted spreads, financial stress testing, capital standards, mortgage, risk management

4.

Distressed Sales and the FHFA House Price Index

FHFA Working Paper 13-1
Number of pages: 21 Posted: 30 Aug 2013 Last Revised: 15 Nov 2024
William M. Doerner, Andrew Leventis and Andrew Leventis
Federal Housing Finance Agency and National Credit Union AdministrationNational Credit Union Administration
Downloads 84 (608,054)
Citation 2

Abstract:

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property value, house price index, repeat sales, distressed sales, REO sales, repeat transactions, foreclosure

5.

The Lock-In Effect of Rising Mortgage Rates

Number of pages: 59 Posted: 13 Dec 2024
Ross Batzer, William M. Doerner, Jonah Coste and Michael Seiler
Federal Housing Finance Agency, Federal Housing Finance Agency, Federal Housing Finance Agency and College of William and Mary - Finance
Downloads 62 (719,617)
Citation 5

Abstract:

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housing, interest rate, lock-in, monetary policy, mortgages

How Low Can House Prices Go? Estimating a Conservative Lower Bound

Number of pages: 29 Posted: 20 May 2015
Alexander Bogin, Stephen Bruestle and William M. Doerner
Federal Housing Finance Agency, Pennsylvania State University and Federal Housing Finance Agency
Downloads 42 (868,584)

Abstract:

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house prices, trough, lower bound, trend, financial stress testing

How Low Can House Prices Go? Estimating a Conservative Lower Bound

FHFA Working Paper 14-2
Number of pages: 29 Posted: 20 May 2015
Alexander Bogin, Stephen Bruestle and William M. Doerner
Federal Housing Finance Agency, Pennsylvania State University and Federal Housing Finance Agency
Downloads 17 (1,136,243)

Abstract:

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house prices, trough, lower bound, trend, financial stress testing

How Low Can House Prices Go? Estimating a Conservative Lower Bound

Journal of Real Estate Finance and Economics, Vol. 54, No. 1, 2017
Posted: 17 Jan 2017 Last Revised: 15 Nov 2024
Alexander Bogin, Stephen Bruestle and William M. Doerner
Federal Housing Finance Agency, Federal Maritime Commission and Federal Housing Finance Agency

Abstract:

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house prices, trough, lower bound, trend, financial stress testing

7.

Missing the Mark: House Price Index Accuracy and Mortgage Credit Modeling

FHFA Working Paper 16-04
Number of pages: 25 Posted: 10 Jul 2019
Alexander Bogin, William M. Doerner and William Larson
Federal Housing Finance Agency, Federal Housing Finance Agency and Federal Housing Finance Agency
Downloads 57 (743,032)
Citation 10

Abstract:

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house prices, loan-to-value, mortgage performance, credit model

8.

European Energy Crisis: Did Electricity Prices Shock Real Estate Markets?

Number of pages: 53 Posted: 07 Jan 2025
affiliation not provided to SSRN, Federal Housing Finance Agency, Norwegian University of Science and Technology (NTNU) - NTNU Business School and College of William and Mary - Finance
Downloads 36 (897,601)

Abstract:

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energy price shock, housing market, energy efficiency, energy performance certificate, government subsidy, macro-financial shocks JEL Classification: D12

9.

Banking on Buffers: Balance Sheet Responses to Household Demand, Macroeconomic Conditions, and Monetary Policy

Number of pages: 79 Posted: 12 Dec 2024
William M. Doerner, Vivian Wong and Michael Seiler
Federal Housing Finance Agency, Federal Housing Finance Agency and College of William and Mary - Finance
Downloads 26 (994,946)

Abstract:

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banks, deposits, monetary policy, mortgages

10.

Underappraisal Disparities and Time Adjustments to Comparable Sales Prices in Mortgage Appraisals

FHFA WP 24-07
Number of pages: 47 Posted: 19 Nov 2024
William M. Doerner and Scott Susin
Federal Housing Finance Agency and Federal Housing Finance Agency
Downloads 23 (1,028,146)

Abstract:

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appraisal, mortgage, racial disparities, time adjustment, valuation

11.

Individual Borrower Motivations Surrounding Mortgage Forbearance Take-Up and Exit

Number of pages: 64 Posted: 03 Jan 2025
Justin Contat, William M. Doerner, Michael Seiler and Scott Weiner
Federal Housing Finance Agency, Federal Housing Finance Agency, College of William and Mary - Finance and affiliation not provided to SSRN
Downloads 20 (1,063,638)

Abstract:

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behavioral, consumer finance, forbearance, mortgage, policy

12.

House Price Markups and Mortgage Defaults

Number of pages: 36 Posted: 08 Jan 2025
Paul E. Carrillo, William M. Doerner and William Larson
George Washington University - Department of Economics, Federal Housing Finance Agency and Federal Housing Finance Agency
Downloads 10 (1,188,278)

Abstract:

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appraisal bias, credit risk, collateral risk, house price, mortgage

13.

Local House Price Dynamics: New Indices and Stylized Facts

Number of pages: 34 Posted: 13 Dec 2024
Alexander Bogin, William M. Doerner and William Larson
Federal Housing Finance Agency, Federal Housing Finance Agency and Federal Housing Finance Agency
Downloads 9 (1,200,271)
Citation 4

Abstract:

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aggregation bias, house prices, standard urban model, land leverage, transportation costs JEL Classification: C43

14.

Applying Seasonal Adjustments to Housing Markets

Cityscape: A Journal of Policy Development and Research, Volume 24, Number 3, Pp. 87-122
Number of pages: 36 Posted: 08 Jan 2025
William M. Doerner and Wenzhen Lin
Federal Housing Finance Agency and U.S. Department of Housing and Urban Development (HUD)
Downloads 5 (1,242,383)

Abstract:

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seasonality, house price, real estate valuation, X-13

15.

Measuring Price Effects from Disasters Using Public Data: A Case Study of Hurricane Ian

Journal of Real Estate Research, 0[10.1080/08965803.2024.2391213]
Posted: 18 Nov 2024
Federal Housing Finance Agency, Federal Housing Finance Agency, Federal Housing Finance Agency and Federal Housing Finance Agency

Abstract:

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Causal inference, hurricane, model selection, natural experiment, real estate valuation

16.

Mortgage Appraisal Waivers and Prepayment Speeds

Cityscape: A Journal of Policy Development and Research, Volume 24, Number 3, Pp. 61-86
Posted: 16 Nov 2024
Joshua Bosshardt, William M. Doerner and Fan Xu
Federal Housing Finance Agency, Federal Housing Finance Agency and Federal Housing Finance Agency

Abstract:

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appraisal waiver, prepayment, nonbanks

17.

Property Renovations and Their Impact on House Price Index Construction

FHFA Working Paper 17-02
Posted: 10 Jul 2019 Last Revised: 15 Nov 2024
Alexander Bogin and William M. Doerner
Federal Housing Finance Agency and Federal Housing Finance Agency

Abstract:

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property renovations, house price indices, repeat-sales approach

18.

Local House Prices Paths: Accelerations, Declines and Recoveries

Journal of Real Estate Finance and Economics, February 2019, Volume 58, Issue 2, pp 201–222
Posted: 25 Jun 2019 Last Revised: 15 Nov 2024
Alexander Bogin, William M. Doerner and William Larson
Federal Housing Finance Agency, Federal Housing Finance Agency and Federal Housing Finance Agency

Abstract:

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house price cycles, credit risk, mortgage collateral, stress testing

19.

Generating Historically‐Based Stress Scenarios Using Parsimonious Factorization

The Journal of Risk Finance 2014 15:5 , 591-611
Posted: 23 Oct 2013 Last Revised: 17 May 2019
Alexander Bogin and William M. Doerner
Federal Housing Finance Agency and Federal Housing Finance Agency

Abstract:

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Market Risk, Interest Rates, Implied Volatility, Factorization

20.

Disclosure Dilemmas: How Appraisal Information Reshapes Residential Property Valuations for Mortgage Lending

Number of pages: 37
William M. Doerner, Matthew Suandi and Michael Seiler
Federal Housing Finance Agency, Federal Housing Finance Agency and College of William and Mary - Finance
Downloads 0

Abstract:

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appraisal, disclosure, flood, mortgage, real estate