Valuation of Reverse Mortgages with Surrender: A Utility Approach

Author:

Lee Yung-Tsung,Shi TianxiangORCID

Funder

Ministry of Science and Technology, Taiwan

Publisher

Springer Science and Business Media LLC

Subject

Urban Studies,Economics and Econometrics,Finance,Accounting

Reference40 articles.

1. Blevins, J.R., Shi, W., Haurin, D.R., & Moulton, S. (2020). A dynamic discrete choice model of reverse mortgage borrower behavior. International Economic Review, 61(4), 1437–1477.

2. Boehm, T.P., & Ehrhardt, M.C. (1994). Reverse mortgages and interest rate risk. Real Estate Economics, 22(2), 387–408.

3. Brien, M.J., & Panis, C.W. (2011). Annuities in the context of defined contribution plans. a study for the U.S. department of labor, employee benefits security administration. https://www.dol.gov/.

4. Case, B., & Schnare, A.B. (1994). Preliminary evaluation of the hecm reverse mortgage program. Real Estate Economics, 22(2), 301–346.

5. CFPB. (2012). Reverse mortgages: Report to congress. Consumer Financial Protection Bureau. https://www.consumerfinance.gov/data-research/research-reports/reverse-mortgages-report/.

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