LEADER 03073nam 22006374a 450 001 9910145558003321 005 20170815114538.0 010 $a1-281-31200-2 010 $a9786611312008 010 $a0-470-69402-5 010 $a0-470-69323-1 035 $a(CKB)1000000000410952 035 $a(EBL)351094 035 $a(OCoLC)243829417 035 $a(SSID)ssj0000143770 035 $a(PQKBManifestationID)11157624 035 $a(PQKBTitleCode)TC0000143770 035 $a(PQKBWorkID)10119655 035 $a(PQKB)10131018 035 $a(MiAaPQ)EBC351094 035 $a(EXLCZ)991000000000410952 100 $a20030903d2004 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEconomics of the mortgage market$b[electronic resource] $eperspectives on household decision making /$fDavid Leece 210 $aOxford, UK ;$aMalden, MA $cBlackwell$d2004 215 $a1 online resource (274 p.) 225 1 $aReal estate issues 300 $a"RICS Foundation"--Cover. 311 $a1-4051-1461-4 320 $aIncludes bibliographical references (p. [235]-252) and index. 327 $aAn 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. 330 $aThe analysis of the mortgage market is a specialised field but examines a financial market with extremely wide-ranging implications; it affects the stability of the whole economy. The key thing about this analysis is the increasing importance of the secondary mortgage market - which in the US is now several times larger than the market for government debt. The UK secondary mortgage market is also growing and the book will provide a timely resource to those active and interested in this important financial market. The 1990s saw an enormous growth of mortgage market analysis 410 0$aReal estate issues (Oxford, England) 606 $aMortgage loans 606 $aMortgages 606 $aHousing$xFinance 608 $aElectronic books. 615 0$aMortgage loans. 615 0$aMortgages. 615 0$aHousing$xFinance. 676 $a332.7 676 $a332.7/22 676 $a332.722 700 $aLeece$b David$0897095 712 02$aRICS Foundation. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910145558003321 996 $aEconomics of the mortgage market$92004395 997 $aUNINA