Taking the mortgage interest rate,short-term interest and house price as three risk sources,and considering not only the prepayment risk induced by decline of mortgage rate and rise of house price,but also the default risk induced by decline of house price,this paper extended the paper of Kariya et al in 2000,and developed a 3-factor pricing model for fixed rate mortgage-backed securities.
对Kariya等的模型进行了扩展,把抵押贷款市场利率、短期无风险利率和房屋价格视为3个风险来源,考虑了贷款市场利率下降引起的提前偿还风险、房屋价格上升引起的提前偿还风险和房屋价格下降引起的违约风险,建立了固定利率(抵押)贷款支持证券的三因素定价模型。
A 3-Factor Pricing Model with Default Risk for Fixed Rate Mortgage-Backed Securities;
考虑违约风险的固定利率抵押贷款支持证券三因素定价模型
Default Characteristics of Fixed Rate Mortgage and Mortgage Pricing;
固定利率住房抵押贷款违约行为及其定价研究
Principle of pricing the fixed-rate-mortgage;
固定支付利率抵押贷款定价的一般原理
A Study on the Rate Risk and Pricing System of Fixed Rate Mortgage;
固定利率住房抵押贷款利率风险与定价机制研究
adjustable rate mortgage
可调整抵押贷款利率
(4) The interest rate on the mortgage loan;
（四）抵押贷款的利率；
cap and collar mortgage
设定利率上下限的抵押贷款
Pricing the Fixed-Rate-Mortgage Contracts- Limitting on Payment-dates to Prepay or Default;
固定支付利率的抵押贷款定价理论——限于在支付日提前支付或违约
PRICING MORTGAGE INSURANCE UNDER Vasiek INTEREST RATE;
Vasiek利率模型下住房抵押贷款保证险的鞅定价
Theory of pricing no-default adjusted-rate-mortgage;
无违约风险的可调支付利率抵押贷款定价原理
Zero-Rate And Low-Rate Mortgage
零利率和低利率抵押贷款
Then what's the interest rate on mortgage loans?
那么抵押贷款的利率是多少？
Measurement and Control of Interest Rate Risk in Reverse Mortgages
反向抵押贷款利率风险的度量及防范
A Study on Pricing for Adjusted Rate Mortgage-Backed Securities Based on Jump-Diffusion Interest Rate Model;
基于跳跃-扩散利率模型的浮动利率抵押贷款支持证券定价研究
The recent rise in interest rate have make mortgage dear.
最近利率的上涨使得抵押贷款利率更高了。
Please explain a variable interest rate mortgage.
请您解释一下什么叫可变利率抵押贷款。
Study on the Interest Rate Risks and Credit Risks of Commercial Banks in Housing Collateral Loan;
商业银行住房抵押贷款的利率和信用风险研究
Impact of Interest Rate Change on Risk of Default in Mortgage Loan;
浅析利率调整对住房抵押贷款违约风险的影响
