M William Sermons is the research director at the Center for Responsible Leanding (CRL) and is responsible for advancing a policy research agenda into abusive lending practices. In addition to his work at CRL, he teaches cost-benefit analysis to students in the Carnegie Mellon University's Heinz College Master in Public Policy program. Sermons is the former director of the Homelessness Research Institute, where he directed both the research and communications functions of the National Alliance to End Homelessness. He is a graduate of Duke University and holds a PhD in civil engineering from Northwestern University and a master of social work from Catholic University. Prior to applying his analytical skills to the social advancement of vulnerable populations, Sermons worked in the areas of transportation and land-use planning and helped to found the Center for Smart Growth Research and Education at the University of Maryland.