Mortgage Default Analysis-Choice Between Fixed-Rate and Adjustable-Rate Mortgages
碩士 === 國立清華大學 === 科技管理研究所 === 95 === The difficulty of pricing mortgages lies in the uncertainty of the cash flow and this uncertainty comes from the default and prepayment. The previous studies use only the stochastic processes of interest rate and house price to analyze the default and prepayment...
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| Format: | Others |
| Language: | zh-TW |
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2007
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| Online Access: | http://ndltd.ncl.edu.tw/handle/24265814309570838193 |