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Mortgage valuation models : embedded options, risk, and uncertainty /

Valuation of mortgage-backed securities (MBS) requires blending empirical analysis of borrower behaviour and mathematical modelling of interest rates and home prices, with recognition of various prices of risk and uncertainty. This book offers a detailed description of the sophisticated theories and...

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Bibliographic Details
Main Authors: Davidson, Andrew S. (Author), Levin, Alexander (Author)
Format: eBook
Language:English
Published: New York : Oxford University Press, 2014.
Series:Financial Management Association survey and synthesis series.
Subjects:
Mortgage-backed securities > Valuation > United States.
Titres hypothécaires > États-Unis > Évaluation.
Corporate Finance.
BUSINESS & ECONOMICS.
Finance.
Investments & Securities.
Mortgage-backed securities > Valuation
United States
Electronic books.
Online Access:Connect to the full text of this electronic book
Description
Summary:Valuation of mortgage-backed securities (MBS) requires blending empirical analysis of borrower behaviour and mathematical modelling of interest rates and home prices, with recognition of various prices of risk and uncertainty. This book offers a detailed description of the sophisticated theories and advanced methods used for the real-world valuation of MBS.
Physical Description:1 online resource : illustrations (black and white).
Bibliography:Includes bibliographical references and index.
ISBN:9780199363698
0199363692