Modelling Reverse Mortgages

A framework for analyzing reverse mortgages in a fixed interest rate environment as well as a variable interest rate environment is suggested. To analyze the risk and potential profit of a reverse mortgage, a proposal is made to calculate the expected present value of profit and the probability of l...

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Main Author: TSE, Yiu Kuen
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1995
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Online Access:https://ink.library.smu.edu.sg/soe_research/215
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Institution: Singapore Management University
Language: English
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spelling sg-smu-ink.soe_research-12142010-09-23T05:48:03Z Modelling Reverse Mortgages TSE, Yiu Kuen A framework for analyzing reverse mortgages in a fixed interest rate environment as well as a variable interest rate environment is suggested. To analyze the risk and potential profit of a reverse mortgage, a proposal is made to calculate the expected present value of profit and the probability of loss as indicators of the viability of the loan. Using Singapore data, some estimates of these quantities for various levels of annuity payment under different circumstances are provided. 1995-01-01T08:00:00Z text https://ink.library.smu.edu.sg/soe_research/215 info:doi/10.1007/BF01734387 Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Economics
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Economics
spellingShingle Economics
TSE, Yiu Kuen
Modelling Reverse Mortgages
description A framework for analyzing reverse mortgages in a fixed interest rate environment as well as a variable interest rate environment is suggested. To analyze the risk and potential profit of a reverse mortgage, a proposal is made to calculate the expected present value of profit and the probability of loss as indicators of the viability of the loan. Using Singapore data, some estimates of these quantities for various levels of annuity payment under different circumstances are provided.
format text
author TSE, Yiu Kuen
author_facet TSE, Yiu Kuen
author_sort TSE, Yiu Kuen
title Modelling Reverse Mortgages
title_short Modelling Reverse Mortgages
title_full Modelling Reverse Mortgages
title_fullStr Modelling Reverse Mortgages
title_full_unstemmed Modelling Reverse Mortgages
title_sort modelling reverse mortgages
publisher Institutional Knowledge at Singapore Management University
publishDate 1995
url https://ink.library.smu.edu.sg/soe_research/215
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