Industry change through vertical disintegration: How and why markets emerged in mortgage banking
MG Jacobides - Academy of Management Journal, 2005 - journals.aom.org
This paper provides an inductive theoretical framework that explains how and why vertical
disintegration happens, showing that transaction costs are an incidental feature of industry …
disintegration happens, showing that transaction costs are an incidental feature of industry …
Commercial mortgage underwriting: How well do lenders manage the risks?
RA Grovenstein, JP Harding, CF Sirmans… - Journal of Housing …, 2005 - Elsevier
Loan-to-value ratio and debt service coverage ratios have long been viewed as the two most
important quantitative measures of the default risk of commercial mortgages. Option-based …
important quantitative measures of the default risk of commercial mortgages. Option-based …
Investment characteristics of low-and moderate-income mortgage loans
GM Goldberg, JP Harding - Journal of Housing Economics, 2003 - Elsevier
This paper analyzes the investment characteristics of mortgage loans made to low-and
moderate-income households. We combine loan level and borrower data provided by a …
moderate-income households. We combine loan level and borrower data provided by a …
Prepayment and Default Risks of Mortgage-Backed Security Collateral Pools
Mortgage-backed securities (MBS) are structured financial products that are produced via
securitization of mortgage loans. Due to the nature of securitization, all risks of mortgage …
securitization of mortgage loans. Due to the nature of securitization, all risks of mortgage …
[BOOK][B] Asymptotics for Large Stochastic Systems
J Sirignano - 2015 - search.proquest.com
Large, interacting stochastic systems appear in many facets of today's world and are of
broad importance. Examples include the banking system, financial markets, electric power …
broad importance. Examples include the banking system, financial markets, electric power …
[BOOK][B] Option theory for mortgages and mortgage-backed securities
YME Lam - 2003 - search.proquest.com
The objective of this dissertation is to develop an option model for residential mortgages and
Mortgage-Backed Securities. Previous studies in the literature have identified several …
Mortgage-Backed Securities. Previous studies in the literature have identified several …
[BOOK][B] Essays on commercial mortgage-backed securities
S Thebpanya - 2003 - search.proquest.com
This dissertation consists of two essays on commercial mortgage-backed securities (CMBS).
The first essay examines the initial pricing of CMBS using a current and comprehensive …
The first essay examines the initial pricing of CMBS using a current and comprehensive …
[CITATION][C] Real Estate Information and the Web: Developing Guidelines for service providers of Maha Sarakham
P Suwannako, N Waiyahong - Asia Pacific Journal of Library and Information Science, 2011