Senior Lecturer, MIT Center for Real Estate and Sloan School of Management, Massachusetts Institute of Technology
Ph.D., economics, University of Pennsylvania
Summary of Experience
Professor Torous is an expert in financial and quantitative analysis of real estate securities, with a focus on the pricing of financial instruments (options, future, risky debt, mortgages), the reorganization of financially distressed firms, and statistical issues in finance. He has published a number of articles in academic journals on the valuation of mortgage-backed securities and mortgage pass-through securities, mortgage prepayment and default, and the valuation of commercial mortgages. Professor Torous’s consulting clients include the US Department of Housing and Urban Development, the Federal Home Loan Mortgage Corporation, and various thrifts, banks, and other financial institutions. He was founding director of the Ziman Center for Real Estate at UCLA Anderson School of Management.