Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10003491287
Persistent link: https://www.econbiz.de/10007748436
Persistent link: https://www.econbiz.de/10007733655
This paper presents a multi-factor valuation model for fixed-rate callable mortgage backed securities (MBS). The model yields semi-analytic solutions for the value of MBS in the sense that the MBS value is found by solving a system of ordinary differential equations. Instead of modelling the...
Persistent link: https://www.econbiz.de/10005716884