Mortgage Default Risk:A Comparison between Fixed Rate Mortgages and Adjustable Rate Mortgages
碩士 === 國立清華大學 === 科技管理研究所 === 91 === Among all the academic mortgage studies, this paper is the first one to present a mortgage-pricing model that especially specifies the process of foreclosure delay in adjustable-rate mortgages. Essentially, we use a bivariate binomial options pricing technique to...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2003
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| Online Access: | http://ndltd.ncl.edu.tw/handle/77764119406660069947 |