Andrey D. Pavlov specializes in risk management for real estate investment, mortgage lending, financial derivatives and digital assets at the Beedie School of Business, Simon Fraser University, Vancouver, BC, where he is professor of finance. He has also worked on the modelling of aggressive lending practices, risk management for publicly traded real estate companies, and mortgage and equity securitization. He earned his Ph.D. from the Anderson School at the University of California, Los Angeles (1999) and was a visiting Associate Professor at the Wharton School, University of Pennsylvania during the 2006 ‚Äì 2008 period and taught real estate finance for the Wharton Executive Education program during the 2008 - 2020 period. He is a fellow of the Penn Institute for Urban Research, the Ziman Real Estate Center at UCLA, a winner of the Homer Hoyt Advanced Studies Institute Best Dissertation Award (2000), and a post-doctoral honoree of the Homer Hoyt Advanced Studies Institute (2005). Professor Pavlov has a wide range of academic and industry-oriented papers, published most recently in the Review of Financial Studies, the Journal of Urban Economics, Real Estate Economics, and the Journal of Real Estate Finance and Economics. He serves as an editorial board member for Real Estate Economics, the Journal of Real Estate Finance and Economics, and the Journal of Real Estate Research. He has consulted for the United States Federal National Mortgage Association (Fannie Mae), the United States Financial Industry Regulatory Authority, the U.S. Department of Housing and Urban Development, the Government of Canada, the Government of British Columbia, the Canadian Mortgage and Housing Corporation, and private sector insurers, mortgage lenders and hedge funds.