Complex mortgages
Complex mortgages became a popular borrowing instrument during the bullish housing market of the early 2000s but vanished rapidly during the subsequent downturn. These non-traditional loans, including interest-only and negative-amortization mortgages, enable households to postpone loan repayment in...
Main Authors: | Amromin, G. (Author), Huang, J. (Author), Sialm, C. (Author), Zhong, E. (Author) |
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Format: | Article |
Language: | English |
Published: |
Oxford University Press
2018
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Subjects: | |
Online Access: | View Fulltext in Publisher |
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