EMERYVILLE, CA--(MARKET WIRE)--Oct 27, 2008 -- Global expert services firm LECG (XPRT - News) has announced the addition of Dr. Kathryn Holliday, a seasoned expert in quantitative credit analytics and complex financial instrument valuation. She joins the firm from Fannie Mae, where she has spent almost two decades working in positions of progressive responsibility to develop, implement and use sophisticated quantitative models of mortgage credit risk.

Dr. Holliday, who joins LECG as a director in the Washington, DC office, most recently served as vice president of credit analytics at Fannie Mae. In this position she led the development of tools and systems to deliver monthly fair value estimates of mortgage credit for financial reporting.

During her career with the agency, she has specified and implemented financial models to support key business initiatives, including credit portfolio strategies, risk tolerance and limits and expanded risk sharing arrangements. She was responsible for the development of the single-family mortgage credit pricing model and component models of loan performance, as well as the analysis of mortgage credit guarantees. She was also responsible for multifamily mortgage credit assessment and for developing empirical standards to assess risk-based capital requirements for mortgage credit risk.

Dr. William Hamm, who heads LECG's economics services business segment, said: "Kathryn brings a vast amount of knowledge in the valuation of mortgages and mortgage credit risk. She brings a deep understanding of the business landscape and its opportunities and constraints, and will be invaluable in advising our clients. She has a proven track record of partnering with senior management and colleagues on collaborative projects and she will play an integral role in enhancing LECG's securities practice group."

"I am delighted to join LECG, a thought-leader in the economics and financial services industry. I look forward to teaming up with the firm's consummate professionals and assisting in the growth and expansion of the practice group's capabilities," Dr. Holliday said.

Dr. Holliday has built and led professional teams of financial economists, financial engineers and pricing analysts. These teams have addressed a full range of credit modeling issues including pricing and capital assessment, statistical and financial modeling and implementation in production systems. She has extensive knowledge of accounting policy and applicability of business models to accounting and regulatory requirements. She has also served as a visiting economist for the Federal Home Loan Bank Board and as an assistant professor of finance and economics at the College of William and Mary.

Dr. Holliday holds a Ph.D. in economics from the University of Washington and an A.B. degree in economics from Cornell University.

About LECG

LECG, a global expert services and consulting firm, with more than 800 experts and professionals in 33 offices around the world, provides independent expert testimony, original authoritative studies, strategic advisory, and financial advisory services to clients including Fortune Global 500 corporations, major law firms, and local, state, and federal governments and agencies worldwide. LECG's highly credentialed experts and professional staff conduct economic and financial analyses to provide objective opinions and advice regarding complex disputes and inform legislative, judicial, regulatory, and business decision makers. LECG's experts are renowned academics, former senior government officials, experienced industry leaders, and seasoned consultants. (XPRT - News).

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