Alternative Mortgage Products: Impact on Defaults Remains Unclear, but Disclosure of Risks to Borrowers Could be Improved PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Alternative Mortgage Products: Impact on Defaults Remains Unclear, but Disclosure of Risks to Borrowers Could be Improved PDF full book. Access full book title Alternative Mortgage Products: Impact on Defaults Remains Unclear, but Disclosure of Risks to Borrowers Could be Improved by . Download full books in PDF and EPUB format.
Author:
Publisher: DIANE Publishing
ISBN: 9781422309315
Category :
Languages : en
Pages : 72
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 9781422309315
Category :
Languages : en
Pages : 72
Get Book Here
Book Description
Author: David L. Smith
Publisher:
ISBN:
Category : Adjustable rate mortgages
Languages : en
Pages : 32
Get Book Here
Book Description
Author: United States. Federal Home Loan Bank Board
Publisher:
ISBN:
Category : Mortgages
Languages : en
Pages : 568
Get Book Here
Book Description
Author: United States. Federal Home Loan Bank Board
Publisher:
ISBN:
Category :
Languages : en
Pages : 412
Get Book Here
Book Description
Author: John Gathergood
Publisher:
ISBN:
Category :
Languages : en
Pages : 50
Get Book Here
Book Description
Choosing a mortgage is one of the most important financial decisions made by a household. Financial innovation has given rise to more complex mortgage products with back-loaded payments, known as 'Alternative Mortgage Products' (AMPs), or 'Interest-Only Mortgages'. Using a specially designed question module in a representative survey of UK mortgage holders, we investigate the effect of consumer financial sophistication on the decision to choose an AMP instead of a standard repayment mortgage. We show poor financial literacy and present bias raise the likelihood of choosing an AMP. Financially literate individuals are also more likely to choose an Adjustable Rate Mortgage (ARM), suggesting they avoid paying the term premium of a fixed rate mortgage.
Author: Orice M. Williams
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 228
Get Book Here
Book Description
Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984373427
Category :
Languages : en
Pages : 64
Get Book Here
Book Description
GAO-06-1021 Alternative Mortgage Products: Impact on Defaults Remains Unclear, but Disclosure of Risks to Borrowers Could Be Improved
Author: Orice M. Williams
Publisher:
ISBN:
Category : Consumer protection
Languages : en
Pages : 12
Get Book Here
Book Description
Author: Jack C. Harris
Publisher:
ISBN:
Category : Mortgage loans
Languages : en
Pages : 36
Get Book Here
Book Description
