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Modeling Home Equity Conversion Mortgages
Appreciation The annual rate of nominal appreciation of individual houses is a key element of the HECM model. ... and (2) the expense of annual appraisals on individual houses makes the attain- ment of a reliable ...- Authors: Thomas Herzog, Tapen Sinha, Theresa R DiVenti, Application Administrator
- Date: Oct 1991
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments>Investments; Modeling & Statistical Methods>Stochastic models