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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1995
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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 |
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Economics TSE, Yiu Kuen Modelling Reverse Mortgages |
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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. |
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TSE, Yiu Kuen |
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TSE, Yiu Kuen |
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TSE, Yiu Kuen |
title |
Modelling Reverse Mortgages |
title_short |
Modelling Reverse Mortgages |
title_full |
Modelling Reverse Mortgages |
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Modelling Reverse Mortgages |
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Modelling Reverse Mortgages |
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modelling reverse mortgages |
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Institutional Knowledge at Singapore Management University |
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1995 |
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https://ink.library.smu.edu.sg/soe_research/215 |
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