Craig Furfine

Craig Furfine is a Clinical Professor of Finance and Associate Chair of the Finance Department at the Kellogg School of Management, Northwestern University. His research focuses on interbank markets, commercial mortgage securitization, and real estate finance. He holds a PhD in economics from Stanford University and has held roles at the Federal Reserve Bank of Chicago, the Bank for International Settlements, and the Federal Reserve Board of Governors.

Professor Furfine teaches courses in corporate finance and real estate finance, including Managerial Finance I for MBA programs. He has authored over 20 case studies and a textbook, Practical Finance for Property Investment, and serves as an Associate Editor of the Journal of Money, Credit, and Banking. His work spans policy analysis, financial regulation, and strategic financial planning, with a focus on mitigating systemic risks in financial markets.

His research publications address topics such as liquidity dynamics in financial crises, credit rating procyclicality, and the impact of regulatory frameworks on mortgage-backed securities. Furfine’s contributions bridge academic theory and practical applications, influencing both academic discourse and industry practices in real estate and banking sectors.