UID:
almafu_9959328256402883
Format:
1 online resource (xii, 258 pages) :
,
illustrations
ISBN:
9780470694022
,
0470694025
,
9780470693230
,
0470693231
,
1281312002
,
9781281312006
,
9781405114615
,
1405114614
Series Statement:
Real estate issues
Content:
The analysis of the mortgage market is a specialised field but examines a financial market with extremely wide-ranging implications; it affects the stability of the whole economy. The key thing about this analysis is the increasing importance of the secondary mortgage market - which in the US is now several times larger than the market for government debt. The UK secondary mortgage market is also growing and the book will provide a timely resource to those active and interested in this important financial market. The 1990s saw an enormous growth of mortgage market analysis as an academic subje.
Note:
"RICS Foundation"--Cover.
,
An introduction to mortgage market economics -- The demand for mortgage finance : theory -- The demand for mortgage finance : empirical evidence -- The "tilt", mortgage designs, and the amortisation of debt -- Rationing, mortgage market adjustment, and separating equilibrium -- Credit rationing, mortgage market adjustment, and separating equilibrium : empirical evidence -- The households choice of mortgage design : theory -- The household's choice of mortgage design : theory -- The risky mortgage contract and embedded options : mortgage valuation and household behaviour -- Prepayment and default behaviour : empirical evidence -- Conclusion : the "field" of mortgage market economics.
Additional Edition:
Print version: Leece, David. Economics of the mortgage market. Oxford, UK ; Malden, MA : Blackwell, 2004 ISBN 1405114614
Additional Edition:
ISBN 9781405114615
Language:
English
Keywords:
Electronic books.
;
Electronic books.
;
Electronic books.
DOI:
10.1002/9780470694022
URL:
https://onlinelibrary.wiley.com/doi/book/10.1002/9780470694022
URL:
https://onlinelibrary.wiley.com/doi/book/10.1002/9780470694022
URL:
https://onlinelibrary.wiley.com/doi/book/10.1002/9780470694022
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