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Hamilton Fout, Fannie Mae’s Vice President of Economic & Strategic Research to present at Lenders Conference.
- By: MBA/MW Staff
- On: 08/09/2024 18:11:01
- In: News
Hamilton Fout is Fannie Mae's Vice President of Economic & Strategic Research, reporting to the Senior Vice President and Chief Economist. Fout is responsible for providing the forecasts of loan volumes and profiles to various business units of Fannie Mae. Fout is an important source of information regarding regional housing risks, home price dynamics and forecasts, interest rate model updates and projections, the transmission of macro developments through the mortgage market, stress testing, and issues related to mortgage risks and cash flows. Fout is responsible for driving market insights and has piloted public releases of Fannie Mae data, such as the newly released Refinance Application-Level Index and Fannie Mae Home Price Index. Fout and the economic forecast team were recent recipients of the 2022 Lawrence R. Klein Award for Blue Chip Forecast Accuracy, recognizing the strength of the 2018-2021 forecasts and smallest average error of predictions of GDP, inflation, and unemployment compared to other industry forecasts.
Prior to joining the Economic & Strategic Research group, Fout worked in the Underwriting and Pricing division of Fannie Mae focusing on issues related to credit risk. In this role, he had primary responsibility for tracking and reporting on regional risks within Fannie Mae's credit portfolio, developing property-level and loan-level risk models, and monitoring and evaluating portfolio-level risks and opportunities for the company's Single-Family book of business.
Prior to joining Fannie Mae, Fout worked as an assistant professor at Kansas State University, where he taught econometrics and undergraduate and graduate-level macro courses.
Fout's recently published research focused on interest rate spreads, mortgage performance, severity, and collateral valuation. Fout received a Ph.D. in economics from the University of North Carolina and a B.S. in economics and business from Florida State University
