Loss Given Default of High Loan-to-Value Residential Mortgages (Paperback) (ISBN-13: 9781505309805)

This paper studies residential mortgage loss given default using a large set of historical loan-level default and recovery data of high loan-to-value mortgages from several private mortgage insurance companies. We show that loss given default can largely be explained by various characteristics associated with the loan, the underlying property, and the default, foreclosure, and settlement process.

Author: Office of the Comptroller of the Currenc
ISBN-10: 1505309808
ISBN-13: 9781505309805
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 12/31/2014
Pages: 38
Format: Paperback
Weight: 0.25lbs
Size: 11.02h x 8.50w x 0.08d