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Souphala Chomsisengphet is an economists and Director of the Retail Credit Risk Analysis Division within Supervision Risk & Analysis at the Office of the Comptroller of the Currency (OCC). In this role, she leads a staff of financial economists and quantitative analysts who support direct bank supervision in evaluating quantitative models used to identify credit risks for retail portfolios, as well as provide quantitative research and analysis to support policy work or other indirect supervisory activities. She also serves as advisor on a broad range of issues related to model risk management and banking policy.
Dr. Chomsisengphet's research interests are primarily in household finance, real estate finance, banking and financial institutions, and applied microeconomics. Many of her research focused on consumer mistakes on contract choice, frictions in mortgage modification, adverse selection in credit card markets, consumer bankruptcy/default behaviors, financial counseling, and the impact of policy (e.g., HAMP, HARP, CARD ACT, financial counseling mandates, state anti-predatory lending laws) on financial intermediations and household financial decision making.
Prior to this role, Dr. Chomsisengphet served in other positions within the Economics Department, including Acting Director and Lead Expert Economist in the Enterprise Risk Analysis Division, as well as Deputy Director and Lead Expert Economist in the Credit Risk Analysis Division. She was also an economist at the Federal Housing Finance Agency (formerly Office of Federal Housing Enterprise Oversight) prior to joining the OCC. She holds a Ph.D. in Economics from the University of Wisconsin-Milwaukee.
Souphala’s research papers can be found here or here.