LEADER 05231nam 22005773u 450 001 9910789893303321 005 20230725032401.0 010 $a1-299-25265-6 010 $a1-118-24177-0 035 $a(CKB)2670000000133004 035 $a(EBL)818213 035 $a(OCoLC)769342394 035 $a(MiAaPQ)EBC818213 035 $a(EXLCZ)992670000000133004 100 $a20130418d2011|||| u|| | 101 0 $aeng 135 $aur|n|---||||| 200 10$aAARP Reverse Mortgages and Linked Securities$b[electronic resource] $eThe Complete Guide to Risk, Pricing, and Regulation 210 $aHoboken $cWiley$d2011 215 $a1 online resource (213 p.) 225 1 $aWiley Finance 300 $aDescription based upon print version of record. 311 $a1-118-24170-3 327 $aReverse Mortgages and Linked Securities: The Complete Guide to Risk, Pricing, and Regulation; Contents; Preface; REVERSE EQUITY TRANSACTIONS; NOTE; Acknowledgments; Part I: Reverse Mortgage Basics; Chapter 1: Reverse Mortgage Primer; LOAN DISBURSEMENTS; OVERVIEW OF LENDER CHALLENGES; SUMMARY; Chapter 2: The History of Reverse Mortgages: An Insider's View; FORMATIVE YEARS; PRIVATE PROGRAMS; FIRST LIFETIME REVERSE MORTGAGES; FANNIE MAE STAKES A CLAIM TO THE MARKETPLACE; ROOTS OF THE SECURITIZATION OF REVERSE MORTGAGES; SUMMARY; NOTES; Chapter 3: HECM Explained 327 $aLEGISLATIVE HISTORY AND PROGRAM FUNDAMENTALSDISBURSING FUNDS AND CALCULATING LOANS AND INTEREST; CHANGES TO THE PROGRAM FOLLOWING THE 2008 ACT; CONSUMER-FOCUSED ELEMENTS OF THE PROGRAM; SUMMARY; NOTES; Part II: Underwriting and Risk Analysis; Chapter 4: Underwriting Reverse Mortgages; UNDERWRITING LIFE EXPECTANCY; LIFE SETTLEMENT VERSUS REVERSE MORTGAGE UNDERWRITING; SIMPLICITY OF THE CURRENT REVERSE MORTGAGE UNDERWRITING PROCESS; WHY DOES UNDERWRITING MATTER?; PROPOSED ELEMENTS OF REVERSE MORTGAGE UNDERWRITING; SUMMARY; Chapter 5: Risk Mitigation from Existing and Proposed Financial Products 327 $aREVERSE MORTGAGE RISKSAGENCY VERSUS NONCONFORMING LOANS; SUMMARY; NOTES; Chapter 6: Longevity Risk and Fair Value Accounting; LONGEVITY COST CALCULATOR AS A LOAN UNDERWRITING AND PRICING TOOL; REVERSE MORTGAGE LOAN PRICING USING THE LONGEVITY COST CALCULATOR; EXISTING ACCOUNTING FRAMEWORK; SUGGESTED GAAP-COMPLIANT METHODOLOGY TO STANDARDIZE LIFE SETTLEMENT UNDERWRITING; SUMMARY; NOTES; Chapter 7: Risk Mitigation; HEDGING CROSSOVER COMPONENTS IN THE CAPITAL MARKETS; INSURANCE SOLUTIONS; SUMMARY; NOTE; Chapter 8: Criteria for Rating U.K. Reverse Mortgage-Backed Securities 327 $aOVERVIEW OF REVERSE (EQUITY RELEASE) MORTGAGESREVERSE MORTGAGE-BACKED SECURITIZATION; MORTALITY ASSUMPTIONS; PREPAYMENT ASSUMPTIONS; HOUSE PRICE INCREASE ASSUMPTIONS; COSTS AND SALE PERIOD; SUMMARY; Part III: Tax Treatment; Chapter 9: U.S. Federal Income Tax Aspects of Reverse Mortgages; WHAT IS A REVERSE MORTGAGE?; DEDUCTIBILITY OF INTEREST PAYMENTS ON REVERSE MORTGAGES; SECURITIZATION OF REVERSE MORTGAGE LOANS VIA REMIC STRUCTURES; PRACTICAL OBSERVATIONS REGARDING INVESTMENT REVERSE MORTGAGE REMIC SECURITIES; SUMMARY; NOTES; Part IV: Reverse Mortgages in Context 327 $aChapter 10: Unlocking Housing Equity in JapanIMPLEMENTATION IN THE JAPANESE CONTEXT; FEASIBILITY OF REVERSE MORTGAGES IN JAPAN; SUMMARY; NOTES; Chapter 11: The Secondary Market in Home Equity Conversion Mortgages; THE REVERSE MORTGAGE TO LIQUIDATE HOME EQUITY; HECM: A FINANCIAL INNOVATION; CASH FLOWS, RISK, AND UNCERTAINTY; THE SECONDARY MARKET FOR HECM; HECM SECURITIZATION; LONGEVITY RISK EMBEDDED IN HECM; THE CONSTRAINTS OF THE UNDERLYING ASSET; CONCLUDING REMARKS; SUMMARY; Appendix A: Housing Wealth Among the Elderly; WEALTH IN HOUSING; OWNER-OCCUPANCY RATES; HOW RISKY IS HOUSING WEALTH? 327 $aDO THE ELDERLY DECUMULATE THEIR HOUSING WEALTH? 330 $aAARP Digital Editions offer you practical tips, proven solutions, and expert guidance. Reverse Mortgages and Linked Securities is a contributed title comprising many of the leading minds in the Home Equity Conversion Mortgages (HECM) industry, including reverse mortgage lenders, institutional investors, underwriters, attorneys, and regulators. This book begins with a brief history of reverse mortgages, and quickly moves on to discuss how the industry has evolved-detailing the players in these markets as well as the process. It discusses the securitization of reverse mortgages 410 0$aWiley Finance 517 $aWiley Finance Ser. 517 $aReverse Mortgages 517 $aWiley Finance, 752 517 $aWiley Finance 517 $aAARP Reverse Mortgages and Linked Securities : The Complete Guide to Risk, Pricing, and Regulation 517 $aAARP 606 $aMortgage loans, Reverse -- United States 606 $aMortgage loans, Reverse 615 4$aMortgage loans, Reverse -- United States. 615 4$aMortgage loans, Reverse. 676 $a332.7/22 676 $a332.722 700 $aBhuyan$b Vishaal B$01584722 801 0$bAU-PeEL 801 1$bAU-PeEL 801 2$bAU-PeEL 906 $aBOOK 912 $a9910789893303321 996 $aAARP Reverse Mortgages and Linked Securities$93868675 997 $aUNINA LEADER 02463nam 2200601 450 001 9910820987803321 005 20230807213534.0 010 $a0-19-998237-6 010 $a0-19-021563-1 010 $a0-19-998236-8 035 $a(CKB)3710000000355063 035 $a(EBL)1961796 035 $a(SSID)ssj0001423478 035 $a(PQKBManifestationID)12585278 035 $a(PQKBTitleCode)TC0001423478 035 $a(PQKBWorkID)11433594 035 $a(PQKB)10058943 035 $a(MiAaPQ)EBC1961796 035 $a(StDuBDS)EDZ0001480150 035 $a(Au-PeEL)EBL1961796 035 $a(CaPaEBR)ebr11019696 035 $a(CaONFJC)MIL728835 035 $a(OCoLC)905865830 035 $a(EXLCZ)993710000000355063 100 $a20150302h20152015 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCaring for the heart $eMayo Clinic and the rise of specialization /$fW. Bruce Fye ; foreword by Rosemary A. Stevens 210 1$aNew York, New York :$cOxford University Press,$d2015. 210 4$dİ2015 215 $a1 online resource (705 p.) 300 $aIncludes index. 311 $a1-322-97553-1 311 $a0-19-998235-X 320 $aIncludes bibliographical references and index. 327 $a""20 Challenges and Opportunities Around the New Millennium""""Appendix: Interviews""; ""Notes""; ""Index"" 330 $aThis groundbreaking book weaves together three important themes. It describes major developments in the diagnosis and treatment of heart disease in the twentieth century, explains how the Mayo Clinic evolved from a family practice in Minnesota into one of the world's leading medical centers, and reveals how the invention of new technologies and procedures promoted specialization among physicians and surgeons. Caring for the Heart is written for general readers as well as health care professionals, historians, and policy analysts. Unlike traditional institutional or disease-focused histories, t 606 $aHeart$xDiseases$xPrevention 615 0$aHeart$xDiseases$xPrevention. 676 $a616.1/2 700 $aFye$b Bruce$0790967 702 $aStevens$b Rosemary A. 712 02$aMayo Foundation for Medical Education and Research, 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910820987803321 996 $aCaring for the heart$94050978 997 $aUNINA