Open AccessMacroeconomic-Driven Prepayment Risk and the Valuation of Mortgage-Backed Securities
Author(s) -
Mikhail Chernov,
Brett R. Dunn,
Francis A. Longstaff
Publication year - 2016
Language(s) - English
Resource type - Reports
DOI - 10.3386/w22096
Subject(s) - prepayment of loan , commercial mortgage backed security , valuation (finance) , business , mortgage underwriting , actuarial science , financial economics , financial system , finance , economics , mortgage insurance , casualty insurance , insurance policy