THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITY
The article deals with key points of the mortgage securities analysis. The system-dynamic model of early repayment of credits included in mortgage cover was developed. The model allows to assess the impact of the speed of early repayment on appeal of securities and to find out principle risks which...
| Main Authors: | , |
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| Format: | Article |
| Language: | Russian |
| Published: |
Plekhanov Russian University of Economics
2017-09-01
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| Series: | Вестник Российского экономического университета имени Г. В. Плеханова |
| Subjects: | |
| Online Access: | https://vest.rea.ru/jour/article/view/225 |
| _version_ | 1797696559937224704 |
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| author | Vasiliy M. Kartvelishvili Anna V. Nikolaeva |
| author_facet | Vasiliy M. Kartvelishvili Anna V. Nikolaeva |
| author_sort | Vasiliy M. Kartvelishvili |
| collection | DOAJ |
| description | The article deals with key points of the mortgage securities analysis. The system-dynamic model of early repayment of credits included in mortgage cover was developed. The model allows to assess the impact of the speed of early repayment on appeal of securities and to find out principle risks which the mortgage securities investor faces. With the help of the model the authors analyze the real speed of early repayment of credits included in mortgage cover of securities issued on Russian market and find key causes of the speed altering. The prospects of developing the Russian market of secondary mortgage crediting in the near future were reviewed. It was shown that the analysis can be taken into account by Russian investors interested in long-term investment with max profitability. The system-dynamic model designed by the authors will allow the potential investors to analyze the appeal of certain mortgage securities on the basis of the information about the source of cash payments (mortgage pull). |
| first_indexed | 2024-03-12T03:28:07Z |
| format | Article |
| id | doaj.art-af1ddec767994278be8ab9e0671ad66a |
| institution | Directory Open Access Journal |
| issn | 2413-2829 2587-9251 |
| language | Russian |
| last_indexed | 2024-03-12T03:28:07Z |
| publishDate | 2017-09-01 |
| publisher | Plekhanov Russian University of Economics |
| record_format | Article |
| series | Вестник Российского экономического университета имени Г. В. Плеханова |
| spelling | doaj.art-af1ddec767994278be8ab9e0671ad66a2023-09-03T13:30:09ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-0106748510.21686/2413-2829-2016-6-74-85224THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITYVasiliy M. Kartvelishvili0Anna V. Nikolaeva1РЭУ им. Г. В. ПлехановаРЭУ им. Г. В. ПлехановаThe article deals with key points of the mortgage securities analysis. The system-dynamic model of early repayment of credits included in mortgage cover was developed. The model allows to assess the impact of the speed of early repayment on appeal of securities and to find out principle risks which the mortgage securities investor faces. With the help of the model the authors analyze the real speed of early repayment of credits included in mortgage cover of securities issued on Russian market and find key causes of the speed altering. The prospects of developing the Russian market of secondary mortgage crediting in the near future were reviewed. It was shown that the analysis can be taken into account by Russian investors interested in long-term investment with max profitability. The system-dynamic model designed by the authors will allow the potential investors to analyze the appeal of certain mortgage securities on the basis of the information about the source of cash payments (mortgage pull).https://vest.rea.ru/jour/article/view/225ипотечные ценные бумагипортфель кредитовипотечное покрытие ицбрефинансированиесистемно-динамическая модельдоходностьрискскорость досрочного погашения |
| spellingShingle | Vasiliy M. Kartvelishvili Anna V. Nikolaeva THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITY Вестник Российского экономического университета имени Г. В. Плеханова ипотечные ценные бумаги портфель кредитов ипотечное покрытие ицб рефинансирование системно-динамическая модель доходность риск скорость досрочного погашения |
| title | THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITY |
| title_full | THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITY |
| title_fullStr | THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITY |
| title_full_unstemmed | THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITY |
| title_short | THE SYSTEM-DYNAMIC MODEL OF EARLY REPAYMENT OF MORTGAGE CREDITS: RISKS AND PROFITABILITY |
| title_sort | system dynamic model of early repayment of mortgage credits risks and profitability |
| topic | ипотечные ценные бумаги портфель кредитов ипотечное покрытие ицб рефинансирование системно-динамическая модель доходность риск скорость досрочного погашения |
| url | https://vest.rea.ru/jour/article/view/225 |
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