Eric Kaplan is the director of the housing finance program within the Center for Financial Markets, where he focuses on the restoration of the U.S. housing finance ecosystem to a state of sustainable health. Kaplan concentrates on the interplay among policymakers, regulators, and industry stakeholders regarding the roles of public and private capital, securitization reform, and lending and servicing practices.
Kaplan brings a 24-year career in housing finance to the Institute, involving a range of roles and responsibilities at various firms, providing a multifaceted perspective on loan, transaction, industry, and policy-level issues. He most recently served as managing partner at Ranieri Strategies LLC, where he worked closely with founding partner and chairman, Lewis S. Ranieri, co-chair of the housing finance program’s housing policy council along with Milken Institute Founder and Chairman, Michael Milken. In his role at Ranieri, Kaplan evaluated and pursued investment opportunities in FinTech companies focused on innovations in lending, capital markets, data, and analytics. In addition, Kaplan worked closely withMr. Ranieri on housing policy efforts and regularly engaged with industry colleagues, policymakers, and regulators.
Kaplan is a leading industry advocate for the creation of new and improved mortgage-backed securitization standards and origination practices to support the safe and scalable return of private capital to the U.S. housing finance ecosystem. He spearheaded and chairs the Structured Finance Industry Group (SFIG) RMBS 3.0 task force, an industry-led initiative established to reinvigorate the private label residential mortgage-backed securities market. He is also one of the primary authors and editors of the RMBS 3.0 Green Papers (currently in their 5th edition). Kaplan also co-chairs the SFIG Residential Mortgage Committee and has served as a residential mortgage representative on the SFIG Issuer Cabinet. Kaplan served as a working group co-chair of the U.S. Treasury-led Private Label Securitization Initiative convened by Milken Institute housing finance program senior fellow Michael Stegman, during Mr. Stegman’stenure at Treasury. Kaplan regularly speaks as a panelist and moderator at numerous industry conferences and roundtables, and helped establish the foundation of the annual SFIG Residential Mortgage Finance Symposium.
Kaplan serves on the board of directors of SFIG and the Cameron Kravitt Foundation. He received a bachelor’s degree in politics from Princeton University and his juris doctor from Boston University School of Law. He has been admitted to practice law in New York, New Jersey, and the United States District Court for the Southern District, received his Series 7, 63, and 79 FINRA licenses, and held an NMLS mortgage loan originator license in the state of Mississippi.