๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Pricing Life-of-Loan Rate Caps on Default-Free Adjustable-Rate Mortgages

โœ Scribed by Stephen A. Buser; Patric H. Hendershott; Anthony B. Sanders


Book ID
110692592
Publisher
John Wiley and Sons
Year
1985
Tongue
English
Weight
920 KB
Volume
13
Category
Article
ISSN
1080-8620

No coin nor oath required. For personal study only.


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โœ Andrea Jane Heuson ๐Ÿ“‚ Article ๐Ÿ“… 1989 ๐Ÿ› Springer US ๐ŸŒ English โš– 953 KB

In recent years, commercial banks and savings and loan associations in South Florida have consistently offered initial adjustment period "teasers," or subsidies, on their adjustable rate mortgage loans (ARMs). This study adopts the size of the initial subsidy as a proxy for a lender's willingness to