An expert on finance and real estate passed away at the end of January. Dr. Dwight M. Jaffee passed away on January 28 in San Francisco. He was just shy of reaching his 73rd birthday. Jaffee was the Willis Booth Professor of Banking, Finance, and Real Estate and Co-Chairman of the Fisher Center for Real Estate and Urban Economics at the Haas School of Business, University of California, Berkeley. He was an expert on mortgage markets and their reform, banking and international trade. He also wrote extensively on catastrophe insurance, such as coverages for terrorism and earthquakes, auto insurance and energy efficiency in real estate. Jaffee testified in before Congress and the SEC involving Freddie Mac, Fannie Mae, and the recent banking and housing crisis. He was also an advisor to many central banks throughout Europe. He was the author of more than seven books and 171 papers. He also penned opinion pieces for newspapers, including The Wall Street Journal. “...
- Dr. Dwight M. Jaffee first taught economics at Princeton, then moved to UC Berkeley in 1991.
- He was an expert on mortgage reform, banking and insurance.
- Jaffee was instrumental in the formation of the first business school in the former Soviet Union.