Termination Risk of Reverse Mortgages
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References listed on IDEAS
- David T. Rodda & Ken Lam & Andrew Youn, 2004. "Stochastic Modeling of Federal Housing Administration Home Equity Conversion Mortgages with Low‐Cost Refinancing," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 32(4), pages 589-617, December.
- John M. Clapp & Yongheng Deng & Xudong An, 2006.
"Unobserved Heterogeneity in Models of Competing Mortgage Termination Risks,"
Real Estate Economics,
American Real Estate and Urban Economics Association, vol. 34(2), pages 243-273, June.
- John Clapp & Yongheng Deng & Xudong An, 2005. "Unobserved heterogeneity in Models of Competing Mortgage Termination Risks," Working Paper 8585, USC Lusk Center for Real Estate.
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Cited by:
- Yung-Tsung Lee & Tianxiang Shi, 2022. "Valuation of Reverse Mortgages with Surrender: A Utility Approach," The Journal of Real Estate Finance and Economics, Springer, vol. 65(4), pages 593-621, November.
- Shi, Tianxiang & Lee, Yung-Tsung, 2021. "Prepayment risk in reverse mortgages: An intensity-governed surrender model," Insurance: Mathematics and Economics, Elsevier, vol. 98(C), pages 68-82.
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More about this item
Keywords
Reverse Mortgage; HECM; Competing Risk; Refinance; Mortality; Mobility Termination;All these keywords.
JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
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