Li, Xiaowei; Kuang, Weida - In: International Journal of Housing Markets and Analysis 5 (2012) 1, pp. 71-88
Purpose – There exists a large volume of literature evaluating the mortgage prepayment risk based on the USA's and other developed countries' experiences. With access to detailed loan‐level data provided by a national mortgage lender in China, the purpose of this paper is to revisit the...