Robert Van Order is a visiting scholar in the Housing Finance Policy Center at the Urban Institute. He is on sabbatical from the George Washington University, where he holds the Oliver Carr chair in finance and real estate. Van Order’s research interests are in modeling credit risk, housing markets, and financial institutions’ behavior. He studies shadow banking, with an emphasis on Chinese banking and housing markets. From 1987 to 2002, Van Order was chief economist at Freddie Mac. His work appears in various professional journals, and he received the George Bloom Service Award from the American Real Estate and Urban Economics Association in 2007. He holds a PhD in economics from the Johns Hopkins University.