The Reverse Mortgage Under Stochastic Interest Rate Model

碩士 === 國立臺灣大學 === 財務金融學研究所 === 99 === This paper talks about the reverse mortgage program in the United States called Home Equity Conversion Mortgage (HECM). We come up with a method for calculating the repayment the lenders can get, and further find out that the repayment will be influenced by the...

Full description

Bibliographic Details
Main Authors: Yu-Ting Hsu, 徐育鼎
Other Authors: Pai-Ta Shih
Format: Others
Language:en_US
Published: 2011
Online Access:http://ndltd.ncl.edu.tw/handle/10526838154848414933