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This paper examines the available data on market conditions for equity release schemes (ERS) in all EU member states to cluster Member States for subsequent extrapolation of the findings from six EU Member States (DE, IT, NL, IE, HU, and the UK) to the EU as a whole. It aggregates various...
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measured by property and mortgage market indicators. Comparing overall need and feasibility index values we find that market …
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amount of home equity that is expected to be released over a 10-year period through regular monthly mortgage payments. We …
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In this paper, we suggest a Bayesian multivariate approach for pricing a reverse mortgage, allowing for house price … three risk components simultaneously. Our numerical results based on Australian data suggest that a reverse mortgage would …
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