Senior fellow and the director of the AEI Housing Center at the American Enterprise Institute (AEI).
Edward J. Pinto is a senior fellow and the director of the AEI Housing Center at the American Enterprise Institute (AEI). He is currently researching how to increase the entry-level housing supply for first-time buyers and renters who earn hourly wages, as well as examining the current house price boom that began in 2012. This continues his previous work on the role of federal housing policy in the 2008 mortgage and financial crisis.
Along with AEI Resident Scholar Stephen Oliner, Mr. Pinto created the Wealth Building Home Mortgage, a new approach to home finance designed to provide a more reliable and effective way of building wealth than is available under existing policies. This mortgage allows home buyers to maintain a buying power similar to a 30-year loan. It is aimed at a broad range of homebuyers, including low-income, minority, and first-time buyers.
Before joining AEI, Mr. Pinto was an executive vice president and chief credit officer for Fannie Mae until the late 1980s. Today, he is frequently interviewed on radio and television and often testifies before Congress. His writings have been published in trade publications and the popular press, including in the American Banker, The Hill, RealClearPolitics, and The Wall Street Journal. In addition, as the director of the AEI Housing Center, he oversees the monthly publication of the AEI Housing Market Indicators, which has replaced AEI’s monthly Housing Risk Watch and AEI’s FHA Watch.
Mr. Pinto has a JD from Indiana University Maurer School of Law and a BA from the University of Illinois at Urbana-Champaign.
Housing finance industry: Consultant, 1989–present
Courtesy Settlement Services LLC: President and CEO, 1994–2018
ICBA (Independent Community Bankers of America) SmartLender LLC: President and CEO, 2004–10
Fannie Mae: Executive Vice President and Chief Credit Officer, 1987–89; Senior Vice President, Marketing and Product Management, 1985–87; Vice President, Negotiated Transactions, 1984–85
Mortgage Guaranty Insurance Corporation: Capital-Markets Program Manager, 1984; Senior Legal Counsel, 1982–83
Michigan State Housing Development Authority: General Counsel, 1977–82; Staff Attorney, 1974–77
JD, Indiana University Maurer School of Law
BA, University of Illinois at Urbana-Champaign