Contemporaneous Loan Stress and Termination Risk in the CMBS Pool: How "Ruthless" Is Default?
This study analyzes the impact of contemporaneous loan stress on the termination of loans in the commercial mortgage-backed securities pool from 1992 to 2004 using a novel measure, based on changes in net operating incomes and property values at the metropolitan statistical area-property-type-year l...
| Những tác giả chính: | , |
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| Tác giả khác: | |
| Định dạng: | Bài viết |
| Ngôn ngữ: | en_US |
| Được phát hành: |
American Real Estate and Urban Economics Association
2011
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| Truy cập trực tuyến: | http://hdl.handle.net/1721.1/64730 https://orcid.org/0000-0003-2962-8259 |