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unique design reflecting the subprime mortgage design. Subprime securitization tranches were often sold to CDOs, which were …
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debt resolution process in the Irish mortgage market in the lead up to the COVID-19 shock. We highlight the widespread … engagement of Irish borrowers with debt resolution mechanisms during a decade in which one sixth of mortgage accounts were … restructured by 2016. Lenders favoured short-term mortgage modifications at the beginning of the decade and three-quarters of …
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unique design reflecting the subprime mortgage design. Subprime securitization tranches were often sold to CDOs, which were …
Persistent link: https://www.econbiz.de/10012464289
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This paper analyzes the impact of the financial crisis on the probability of default (PD) for a large Dutch mortgage … healthy mortgage customer defaults within 12 months. The PD model is based on risk drivers which are related to the …
Persistent link: https://www.econbiz.de/10014257771
We employ a unique data set of public commercial real estate (CRE) bonds issued during the Great Depression era (1920-32) to determine their frequency of default and total loss given default. Default rates on these bonds far exceeded those originated in subsequent periods, driven in part by the...
Persistent link: https://www.econbiz.de/10013110976