Description: In this paper, the authors have analyzed the Cash Balance pension and contributions using the methods and principles of financial economics, to give a market consistent evaluation of the costs of the CB liability.

Description: This paper, written following a UK Actuarial meeting, is divided into three parts. Taken together, the three parts intend to provide the reader with an overview of the first 101 years of financial economics, with particular attention on those developments that are of special interest to actuaries.

Description: This paper examines the Federal Housing Administration's [FHA] historical termination data on individual single family mortgages. These FHA data can be used to help understand recent past experience as well as to forecast future experience.

Description: A research report that examines modeling of cash flow associated within a pool of mortgages and specifically focusing on the effectiveness of infusing a limited amount of capital into the pool.