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Persistent link: https://www.econbiz.de/10008667067
This paper studies the impact of housing market cycles on loss given default (LGD). Previous studies have shown that the current loan-to-value ratio (CLTV) is the most important determinant of LGD. This paper establishes another linkage which is between the house price cycles before the time of...
Persistent link: https://www.econbiz.de/10013130209
This paper studies the impact of housing market cycles on loss given default (LGD). Previous studies have shown that the current loan-to-value ratio (CLTV) is the most important determinant of LGD. This paper establishes another linkage which is between the house price cycles before the time of...
Persistent link: https://www.econbiz.de/10014402673
Persistent link: https://www.econbiz.de/10005716931
This paper studies the impact of housing market cycles on loss given default (LGD). Previous studies have shown that the current loan-to-value ratio (CLTV) is the most important determinant of LGD. This paper establishes another linkage which is between the house price cycles before the time of...
Persistent link: https://www.econbiz.de/10008560443