Modelling and forecasting UK mortgage arrears and possessions

Modelling and forecasting UK mortgage arrears and possessions

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This paper presents new models for aggregate UK data on mortgage possessions (foreclosures) and mortgage arrears (payment delinquencies). The innovations include the treatment of difficuly to observe variations in loan quality and shifts in forbearance policy by lenders, by common latent variables...

Bibliografske podrobnosti
Main Authors:	Aron, J, Muellbauer, J
Format:	Working paper
Izdano:	University of Oxford 2010

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