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Zhong Yi Tong

Senior Financial Economist
Industry and Regional Analysis

(202) 649-5450

Zhong Yi Tong is a Senior Financial Economist in the Industry and Regional Analysis Division for the Economics Department of the Office of the Comptroller of the Currency (OCC).

Dr. Tong came to the OCC in 2011 from the Office of Thrift Supervision (OTS), where he served as a Senior Market Economist since 2008. His areas of focus include the development of home equity loan and credit line loss projection models; conducting DFA stress tests; monitoring housing and mortgage market conditions, emerging trends, and policy developments; and assessing their impacts on the national banks and federal thrifts.

Prior to joining the OTS, he was the Chief Economist at Republic Mortgage Insurance Company and had a 10-year career at the Fannie Mae Foundation, where he was Director of Housing Economics and Finance and also served as Chairman of the Research Review Committee. Before coming to the United States, he had seven years of management, teaching, and research experiences as an assistant professor in law and associate director for student affairs at East China Normal University in Shanghai.

Dr. Tong holds a Ph.D. in policy studies, specializing in real estate economics and public finance, from the University of Maryland at College Park. He received a master of public policy from the University of Northern Iowa and a bachelor of law from East China Normal University in Shanghai.

  1. Tong, Zhong Yi. 2008. “Subprime Mortgage Crisis Won’t Stop?” Shanghai Economy, vol. 8.
  2. Caplin, Andrew, James H. Carr, Frederick Pollock and Zhong Yi Tong, with Kheng Mei Tan and Trivikraman Thampy. 2007. “Shared Equity Mortgages, Housing Affordability and Homeownership.” Housing Policy Debate, vol. 18, issue 1, pp. 209-242.
  3. Tong, Zhong Yi. 2005. Washington, D.C.’s First-Time Homebuyer Tax Credit: An Assessment of the Program. Fannie Mae Foundation Special Report. Washington, DC: Fannie Mae Foundation
  4. Tong, Zhong Yi. 2004. Homeownership Affordability in Urban America: Past and Future. Fannie Mae Foundation Special Report. Washington, DC: Fannie Mae Foundation.
  5. Carr, James H. and Zhong Yi Tong. 2002. Eds. Replicating Microfinance in the United States. Washington, DC: Woodrow Wilson Center Press. (Worldwide distributor: The Johns Hopkins University Press).
  6. Tong, Zhong Yi and John Glascock. 2000. “Price Dynamics of Owner-occupied Housing in Selected Markets of the Baltimore-Washington Metropolitan Area: Does Structure Type Matter?” Journal of Housing Research, vol. 11, issue 1, pp. 29-66.
  7. Tong, Zhong Yi and R. Allen Hays. 1996. "The Transformation of the Urban Housing System in China." Urban Affairs Review, vol. 31, issue 5, pp. 625-658.