Ortiz, Carlos E.; Stone, Charles A.; Zissu, Anne - In: The Journal of Risk Finance 14 (2013) 4, pp. 414-431
Purpose – One of the main risks to investors in securitized reverse mortgages is that the value of the reverse mortgage … once it goes beyond the cross‐over point t*, it is possible to construct a pool of reverse mortgages, such that for any … pairs of inflation rate and interest rate (x, r), these reverse mortgages move along lines of constant cross‐over points t …