The Corky McMillin Center for Real Estate
- SSE 3356
- Monday-Friday
- (619) 594-8328
- [email protected]

Research Highlights
Textual Analysis in Real Estate
Adam Nowak West Virginia University
Patrick Smith San Diego State University
May 2016
Homeownership and Nontraditional and Subprime Mortgages (pdf)
Arthur Acolin University of Southern California
Raphael W. Bostic University of Southern California
Xudong An San Diego State University
Susan M. Wachter University of Pennsylvania
July 2016
Default Option Exercise over the Financial Crisis and Beyond (pdf)
Xudong An Federal Reserve Bank of Philadelphia and San Diego State University
Yongheng Deng National University of Singapore
Stuart A. Gabriel UCLA
April 2016
Cash Flow Performance of Fannie Mae Multifamily Properties: Evidence from Repeated NOI and EGI Indices (pdf)
Xudong An Department of Finance San Diego State University
Jeffrey D. Fisher The Homer Hoyt Institute
David Geltner Center for Real Estate MIT
March 2015
Commercial Real Estate Rental Index: A Dynamic Panel Data Model Estimation (pdf)
Dr. Xudong An and co-authors Yongheng Deng, Jeffery D. Fisher, Maggie (Rong) Hu
October 2014
The Upgrade and Downgrade of CMBS Credit Ratings (pdf)
Dr. Xudong An and Dr. Joseph B. Nichols
January 2014
Commercial Mortgages and Commercial Mortgages-Backed Securities (CMBS)
Dr. Xudong An and Kerry D. Vandell
in H. Kent Baker and Petter Chinloy (eds.) Public Real Estate Markets and Investments.
Oxford University Press. (Book chapter finished in May 2014 and in print)
What is Subordination About? Credit Risk and Subordination Levels in Commerical Mortgage-backed Securities (CMBS) (pdf)
Xudong An, Yongheng Deng, Joseph B. Nichols and Anthony B. Sanders
Pulling the Trigger: Default Option Exercise over the Business Cycle (pdf)
Xudong An, Yongheng Deng and Stuart Gabriel
September 2014
What to do with Fannie Mae and Freddie Mac (pdf)
Dr. Michael Lea
September 2013
Government Policy and the Fixed Rate Mortgage
Michael Lea and Anthony B. Sanders
Annual Review of Financial Economics
Annu. Rev. Financ. Econ. 2011. 3:13.1–13.12
September 29, 2010
U.S. Senate Committee on Banking, Housing & Urban Affairs
– Dr. Michael Lea Testifies Before a Senate Subcommittee
International Comparison of Mortgage Product Offerings (pdf)
Dr. Michael Lea
September 2010