The Fed Funds Rate and Its Impact on Prices with Doug Duncan | PART 2 #843

Douglas G. Duncan is Senior Vice President and Chief Economist at
Fannie Mae where he is responsible for forecasts and analyses of
the economy and the housing and mortgage markets. Duncan also
oversees strategic research regarding the potential impact of
external factors on the housing industry. He leads the House
Price Forecast Working Group reporting to the Finance Committee.


 


Under his leadership, Fannie Mae’s Economic & Strategic
Research Group (ESR) won the NABE Outlook Award, presented
annually for the most accurate GDP and Treasury note yield
forecasts, in both 2015 and 2016 – the first recipient in the
award's history to capture the honor two years in a row. In
addition, ESR was awarded by Pulsenomics for best home price
forecast.


 


Named one of Bloomberg/BusinessWeek's 50 Most Powerful People in
Real Estate, Duncan is Fannie Mae's source for information and
analyses on demographics and the external business and economic
environment; the implications of changes in economic activity on
the company's strategy and execution; and for forecasting overall
housing, economic, and mortgage market activity.


 


Prior to joining Fannie Mae, Duncan was Senior Vice President and
Chief Economist at the Mortgage Bankers Association. His
experience also includes work on the Financial Institutions
Project at the U.S. Department of Agriculture and service as a
LEGIS Fellow and staff member with the Committee on Banking,
Finance, and Urban Affairs for Congressman Bill McCollum in the
U.S. House of Representatives.


 


Duncan received his Ph.D. in Agricultural Economics from Texas
A&M University and his B.S. and M.S. in Agricultural
Economics from North Dakota State University.


The Norris Group originates and services loans in California and
Florida under California DRE License 01219911, Florida Mortgage
Lender License 1577, and NMLS License 1623669.  For more
information on hard money lending, go
www.thenorrisgroup.com and click the Hard Money tab.


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