Hardback
Add to list Added to list Mortgage Valuation Models: Embedded Options, Risk, and Uncertainty
Andrew Davidson (President, President, Andrew Davidson & Co., Inc.),Alexander Levin (Director of Financial Engineering, Director of Financial Engineering, Andrew Davidson & Co., Inc.)
Valuation of mortgage-backed securities requires blending empirical analysis of borrower behavior and mathematical modeling of interest rates and home prices, with recognition of various prices of risk and uncertainty. This…
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