Our mission is to produce leading-edge research on how credit markets and payment systems affect the economy. The Institute sponsors opportunities for scholars, the financial industry, and the public sector to collaborate and share insights on fostering healthy household finances, a stable financial system, and a resilient economy.

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Our researchers span four Bank departments and collaborate with each other and visiting scholars to provide the next level of research.

Meet one of our researchers

Brent W. Ambrose

Smeal Professor of Real Estate, Smeal College of Business, Pennsylvania State University

Brent Ambrose

Brent Ambrose, a CFI visiting scholar, is the Smeal Professor of Real Estate at Pennsylvania State University where he also directs other programs.

Expertise
  • Real Estate Finance
  • Corporate Finance
  • Mortgage Default and Foreclosure
  • Fixed-Income Securities
  • Consumer Credit
Featured Publications
  • Lender Steering in Residential Mortgage Markets
  • Credit Rationing, Income Exaggeration, and Adverse Selection in the Mortgage Market
  • The Repeat Rent Index
  • Spillover Effects of Subprime Mortgage Originations: The Effects of the Single-Family Mortgage Credit Expansion on the Multifamily Rental Market
  • The Impact of Student Loan Debt on Small Business Formation

Publications and Resources

Literature Database

Our continually updated database provides bibliographic citations for journal articles, books, reports, and other publications on consumer credit and payments and links to full-text papers from across the Federal Reserve System.

Search Our Literature Database