Schulz, Rainer; Staiber, Markus; Wersing, Martin; … - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
January 2008
Schulz: University of Aberdeen Business School, Edward Wright Building, Dunbar Street,
Aberdeen AB24 3QY, United … underwriting
process. This is foregone business for the mortgage underwriter, because the true
value of the collateral could have … underwriting, however, it is open to debate if
the cost of foregone business due to underestimating the collateral value is the …