JOSEPH R. MASON, Special Consultant

Dr. Joseph R. Mason is the Hermann Moyse, Jr./Louisiana Bankers Association Endowed Chair of Banking at Louisiana State University's E.J. Ourso College of Business. Previously, he was an Associate Professor at Drexel University's LeBow College of Business. His consulting has involved issues ranging from mortgage, home equity loan, home equity line of credit, auto, and credit card servicing, and securitization, to discrimination and disparate impact in consumer lending and insurance pricing, valuing distressed securities, the investor recoveries and efficient liquidations of bankrupt firms, and economic valuations of complex investment and lending arrangements involving asset-backed securities, collateralized debt obligations, and hedge funds.

His academic research focuses primarily on investigating liquidity in thinly-traded assets and illiquid market conditions. Current academic research projects analyze default risk, including both immediate and cross-default risk, and default resolution costs in the contexts of asset-backed securities, defaults, and failures in systemic and non-systemic environments.

Mason has consulted and advised many government agencies, research institutions, and corporations, including The Conference Board, Inc., Coventry First, Deloitte, Fannie Mae, the Federal Deposit Insurance Corporation, the Federal Reserve Bank of Philadelphia, FirstPlus Financial (in conjunction with Bear Stearns, Merrill Lynch, and Deutsche Bank), The Group of Thirty, Pricewaterhouse-Coopers, Wachovia, The World Bank Group, and XE Capital Management LLC.

In litigation, he has acted as testifying or non-testifying expert for firms such as Allstate Insurance, AMBASE Corporation/Carteret Federal Savings Bank, Ameriquest Mortgage, Equities First Holding, LLC, Fannie Mae, GMAC Commercial Mortgage, Superior Federal Savings Bank, World Financial Network National Bank.

In regulatory matters, he has testified before the House Financial Services Committee and the Federal Reserve Board and advised the Government Accountability Office (GAO), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Richmond, and Public Company Accounting Oversight Board (PCAOB) on structured finance.

His research has received hundreds of national and international press citations in publications such as the Wall Street Journal, New York Times, Washington Times, the Economist, Financial Times, LA Times, San Francisco Chronicle, Toronto Globe & Mail, Barrons, Business Week, die Zeit, Neue Zürcher Zeitung am Sonntag, Financial Times-Germany, MIST News, Business Week, Forbes, Fortune, Portfolio Magazine, Bloomberg Magazine, Credit Magazine, American Banker, BNA's Banking News, Investment Dealers' Digest, Inman News, Grant's Interest Rate Observer, Realty Times, and the Philadelphia Business Review, and syndicated on Associated Press, Reuters, Bloomberg, KnightRidder Syndicate, MarketWatch-Dow Jones Newswire, and NBC Nightly News.

Mason has made numerous live and taped appearances on CNBC, CNBC Asia, Bloomberg Television, Comcast CN8 News, NPR, Bloomberg Radio, NBC Radio, WBBM Radio Chicago, KYW NewsRadio Philadelphia, and WWDB Talk Radio Philadelphia. He has a weekly Economic Commentary on KYW NewsRadio, Philadelphia.

Email: joseph.r.mason@gmail.com