Economics of the mortgage market : perspectives on household decision making /
The analysis of the mortgage market is a specialised field but examines a financial market with extremely wide-ranging implications; it affects the stability of the whole economy. The key thing about this analysis is the increasing importance of the secondary mortgage market - which in the US is now...
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Corporate Author: | |
Format: | Electronic eBook |
Language: | English |
Published: |
Oxford, UK ; Malden, MA :
Blackwell,
2004.
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Series: | Real estate issues (Oxford, England)
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Subjects: | |
Online Access: | Full text (Wentworth users only) |
Table of Contents:
- An introduction to mortgage market economics
- The demand for mortgage finance : theory
- The demand for mortgage finance : empirical evidence
- The "tilt", mortgage designs, and the amortisation of debt
- Rationing, mortgage market adjustment, and separating equilibrium
- Credit rationing, mortgage market adjustment, and separating equilibrium : empirical evidence
- The households choice of mortgage design : theory
- The household's choice of mortgage design : theory
- The risky mortgage contract and embedded options : mortgage valuation and household behaviour
- Prepayment and default behaviour : empirical evidence
- Conclusion : the "field" of mortgage market economics.