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to holders of commercial mortgage-backed securities (CMBS). Using detailed micro data, we show that cash flow shocks … during the COVID-19 pandemic predict CRE mortgage delinquency, especially those stemming from lease expiration of offices …
Persistent link: https://www.econbiz.de/10015061135
to holders of commercial mortgage-backed securities (CMBS). Using detailed micro data, we show that cash flow shocks … during the COVID-19 pandemic predict CRE mortgage delinquency, especially those stemming from lease expiration of offices …
Persistent link: https://www.econbiz.de/10015062908
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Long-term fixed-rate mortgage contracts protect households against interest rate risk, yet most countries have … fixation length tracks the life-cycle decline of credit risk in the mortgage market: the loan-to-value (LTV) ratio decreases … using shorter-term contracts. To quantify demand for long-term contracts, I develop a life-cycle model of optimal mortgage …
Persistent link: https://www.econbiz.de/10014309040
Banking and real estate: a difficult relationship -- Real estate strategy for banks: not an oxymoron -- Credit work out and real estate management in the digital age -- Data management: NPL assessment in a digital world -- Optimal NPL value management: strategy, governance, organization -- Case...
Persistent link: https://www.econbiz.de/10012002791
Banking and real estate: a difficult relationship -- Real estate strategy for banks: not an oxymoron -- Credit work out and real estate management in the digital age -- Data management: NPL assessment in a digital world -- Optimal NPL value management: strategy, governance, organization -- Case...
Persistent link: https://www.econbiz.de/10013180143
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these GSEs as mortgage market conditions deteriorated in 2007 and 2008. The analysis focuses on a key element of OFHEO …
Persistent link: https://www.econbiz.de/10010510096