Photo of Tess C. Scharlemann

Tess C. Scharlemann

Education

  • Ph.D., Economics, U.C. San Diego, 2015
  • A.B., Economics, Princeton University, 2003
Current Research Topics
  • Mortgage performance, access to credit, household
  • financial decision-making
  • Research Assistant

    Council of Economic Advisers

    2003 - 2005
  • Senior Advisor to the Assistant Secretary of Economic Policy

    Office of Economic Policy, U.S. Treasury Department

    2008 - 2009
  • Economist

    Office of Economic Policy, U.S. Treasury Department

    2009 - 2014
  • Senior Researcher

    Office of Financial Research, U.S. Treasury Department

    2014 - 2018
  • Acting Associate Director, Financial Institutions and Risk Management

    Office of Financial Research, U.S. Treasury Department

    2017 - 2018
  • Economist

    Board of Governors of the Federal Reserve System

    2018 - present
  • Scharlemann, Therese C., and Stephen H. Shore (2016). "The Effect of Negative Equity on Mortgage Default: Evidence from HAMP's Principal Reduction Alternative," Review of Financial Studies, vol. 29, no. 10, pp. 2850-2883.
  • Holden, Steve, Austin Kelly, Douglas McManus, Therese Scharlemann, Ryan Singer, and John D. Worth (2012). "The HAMP NPV Model: Development and Early Performance," Real Estate Economics, vol. 40, no. s1, pp. S32-S64.
Last update: February 4, 2019