Presents the results of an empirical study that investigates comparatively the mortgage‐pricing determinants of national, regional and local building societies. Considers and discusses the importance of the three main generic strategies (focus, differentiation and cost leadership) and building...

With the development of increasingly complex mortgage instruments, the process by which consumers choose among these instruments also increases in importance. The real estate literature does not address how consumers of mortgage instruments make tradeoffs among the different instruments. The...

Purpose – The purpose of this paper is to investigate the effects of subjective norm, relative advantage, simplicity, compatibility and perceived behavioural control on the Islamic home financing adoption. It also examines the effects of subjective norm, relative advantage, simplicity and...

Explains the strengths and weaknesses of neural networks and uses them to analyse racial patterns in 1994 mortgage (conventional and FHA) data for the city of Atlanta (USA). Admits the difficulty of interpreting the results of neural network models but suggests that race does have an impact on...

Notes the increasing importance of option‐adjusted spread analysis for pricing in the mortgage‐backed securities market and develops a partial differentiation equation method (PDE) for calculation, as an alternative to the Monte Carlo method. Discusses the mathematical theory involved and...

As financial markets move toward increased globalization, it becomes worth considering whether inherent differences in financial markets across different countries will diminish. For two countries more similar than different in terms of geography, location, government and culture, Canada and the...

Examines the question of liability for rates on empty premises in the light of an increasing number of property vacancies in the United Kingdom. Discusses the general principle of rate liability, classes of property liable to empty rates, ownership, mortgagee′s right to possession, avoiding...