Economics of the mortgage market : perspectives on household decision making /
David Leece.
- Oxford, UK ; Malden, MA : Blackwell, 2004.
- xii, 258 p. : ill. ; 25 cm.
- Real estate issues .
- Real estate issues (Oxford, England) .
RICS Foundation--Cover.
Includes bibliographical references (p. [235]-252) and index.
An introduction to mortgage market economics -- The demand for mortgage finance : theory -- The demand for mortgage finance : empirical evidence -- The tilt, mortgage designs, and the amortisation of debt -- Rationing, mortgage market adjustment, and separating equilibrium -- Credit rationing, mortgage market adjustment, and separating equilibrium : empirical evidence -- The households choice of mortgage design : theory -- The household\'s choice of mortgage design : theory -- The risky mortgage contract and embedded options : mortgage valuation and household behaviour -- Prepayment and default behaviour : empirical evidence -- Conclusion : the field of mortgage market economics.