Dr. James F. (Jim) Hoelscher
, Assistant Professor of Business
Alt Phone: 312.607.2943
Office: 163 Cedar Bluff Campus
PhD, Organization and Management, Capella University, 2010
MBA, Northern Illinois University, 1998
BBA, Northwood University, 1995
Licensed State of Illinois Mortgage Loan Originator
June 2005 – June 2010
Dr. Hoelscher served for almost 40 years in the U.S. Reserve Forces including duty in the U.S. Army Reserve, U.S. Navy Reserve, Illinois Air National Guard and the U.S. Air Force Reserve. This included 10 years of active duty. He retired from the U.S. Air Force in 2004 in the grade of Colonel as Director, AFMC Transformation Management Office, Wright-Patterson AFB OH. During his long and honorable career, he gained experience in a variety of fields including field communications, transportation, logistics, security clearance adjudication, personnel, and accounting and finance. His civilian career encompassed almost 40 years in the consumer and mortgage lending business and included establishing three mortgage origination entrepreneurial startups in the Chicago area. During this career, he served as Vice President of the consumer-lending department of one of the largest Savings and Loans in Illinois and was partial owner and Chief Executive Officer of a mortgage originator that provided the largest volume of loan product to the Federal Home Loan Mortgage Corporation (Freddie Mac) in their second mortgage loan program.
Research and Teaching Areas
General Management courses including leadership and management, strategic planning, organizational behavior, organizational theory and managerial decision making.
All aspects surrounding mortgage lending including ethics, regulatory impacts on consumer availability and sub-prime mortgage impacts on economic activity.
(Research In-Progress) Mortgage Loan Officer Compensation: Does it Impact Borrower Ability/Willingness to Repay?
A comparative analysis of mortgage brokers/bankers nationwide in collaboration with colleague Adam Meadows to determine impact of mortgage loan officer compensation regulation imposed by Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010.
(Presentation and Conference Paper) The Ethics of Yield Spread Premium: A case Study of Illinois Mortgage Brokers/Bankers
Presented at the Northeast Decision Sciences Institute (NEDSI) Annual Conference, Montreal CN from 14-16 April 2011.
(Conference Paper) The Ethics of Yield Spread Premiums in the Financial Crisis
Co-authored with Dr. Luis Rivera-Solis, Dowling College, Oakdale NY. Presented at the Eastern Economic Association (EEA) 2011 Annual Conference, Philadelphia, Pennsylvania, from 25-27 February 2011.