Mr. Stelmach joined EJF in 2015 and is responsible for the analysis of U.S. and residential housing opportunities as well as assisting in the analysis of the insurance sector. Prior to joining EJF, Mr. Stelmach spent 12 years at FBR as a senior analyst in the financial services research group. With over a decade of equity research experience, Mr. Stelmach has covered a broad array of companies and sectors throughout the financial services and housing industries, including government-sponsored entities, mortgage banking companies, small- and large-cap banks, homebuilders, mortgage and title insurance, broker-dealers and the single-family rental sector. Prior to FBR, Mr. Stelmach worked on the U.S. bank research team at UBS Securities LLC helping to cover mid- and large-cap banks. In 2013, Mr. Stelmach was recognized in The Wall Street Journal’s Best on the Street awards as the No. 2−ranked equity analyst overall in the U.S. and No. 1 analyst in the home construction and furnishings sector. Mr. Stelmach has also provided expert testimony before the United States House of Representatives regarding U.S. housing policy, as well as advising a number of government agencies on policies and regulations affecting both housing and capital markets. Mr. Stelmach received his BS in Finance from the University of Maryland, College Park.