Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10010509251
Persistent link: https://www.econbiz.de/10001608859
Persistent link: https://www.econbiz.de/10003905750
Persistent link: https://www.econbiz.de/10009374629
We model Continuous Workout Mortgages (CWMs) in an economic environment with refinancings and prepayments by employing a market-observable variable such as the house price index. Our main results include: (a) explicit modelling of repayment and interest-only CWMs; (b) closed form formulae for...
Persistent link: https://www.econbiz.de/10013132395