THE PRICING MODEL FOR SHARED APPRECIATION MORTGAGE AND RELATED FACTORS

Abstract As one of new equity convertible mortgage, the Shared-Appreciation Mortgage, which is the recent rise in financial market and motivates careful consideration of underlying borrower incentives. The SAM borrower will give up the fractional share of the house appreciation in exchange of a lo...

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Bibliographic Details
Main Author: SHI, YI
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Subjects:
Online Access:https://eprints.nottingham.ac.uk/21208/