Bussiness ManagementMBAstrategyHuman ResourceMarketingHospitalityE-commerceInternational Tradingproject managementmedia managementLogisticsFinanceAccountingadvertisingLawBusiness LawEducationEconomicsBusiness Reportbusiness planresearch proposal
英语论文题目英语教学英语论文商务英语英语论文格式商务英语翻译广告英语商务英语商务英语教学英语翻译论文英美文学英语语言学文化交流中西方文化差异英语论文范文英语论文开题报告初中英语教学英语论文文献综述英语论文参考文献
ResumeRecommendation LetterMotivation LetterPSapplication letterMBA essayBusiness Letteradmission letter Offer letter
澳大利亚论文英国论文加拿大论文芬兰论文瑞典论文澳洲论文新西兰论文法国论文香港论文挪威论文美国论文泰国论文马来西亚论文台湾论文新加坡论文荷兰论文南非论文西班牙论文爱尔兰论文
小学英语教学初中英语教学英语语法高中英语教学大学英语教学听力口语英语阅读英语词汇学英语素质教育英语教育毕业英语教学法
英语论文开题报告英语毕业论文写作指导英语论文写作笔记handbook英语论文提纲英语论文参考文献英语论文文献综述Research Proposal代写留学论文代写留学作业代写Essay论文英语摘要英语论文任务书英语论文格式专业名词turnitin抄袭检查
temcet听力雅思考试托福考试GMATGRE职称英语理工卫生职称英语综合职称英语职称英语
经贸英语论文题目旅游英语论文题目大学英语论文题目中学英语论文题目小学英语论文题目英语文学论文题目英语教学论文题目英语语言学论文题目委婉语论文题目商务英语论文题目最新英语论文题目英语翻译论文题目英语跨文化论文题目
日本文学日本语言学商务日语日本历史日本经济怎样写日语论文日语论文写作格式日语教学日本社会文化日语开题报告日语论文选题
职称英语理工完形填空历年试题模拟试题补全短文概括大意词汇指导阅读理解例题习题卫生职称英语词汇指导完形填空概括大意历年试题阅读理解补全短文模拟试题例题习题综合职称英语完形填空历年试题模拟试题例题习题词汇指导阅读理解补全短文概括大意
论文作者:www.51lunwen.org论文属性:硕士毕业论文 dissertation登出时间:2014-09-27编辑:felicia点击率:29794
论文字数:16124论文编号:org201409251350209724语种:英语 English地区:美国价格:免费论文
关键词:非流动性资产资产证券化投资者Asset SecuritizationFinancial Crisis
摘要:资产证券化有什么作用?对金融风险和金融危机有什么影响?如何写好资产证券化留学论文?该从哪里入手?还在等什么,赶快看看这篇文章,这篇文章让你留学美国不再困难,让你申请宾夕法尼亚不再费力,让你留学不再苦恼。
Time series analysis increases predictive power and enables extraction of meaningful conclusions from even moderate short lived vintages and newer product types.
Loan pools have natural distribution of default over time. Initially the defaults are low but with time particularly years between 3-5 it is tricky. These are mainly because of influence of economy like unemployment rate declining market value. So these trigger the default rate to increase. So only by performing Time Series Analysis in the development phase and analyzing new pools using time series model to pool performance accurately reflect the interactions of economic influences on the natural default pattern. Exact shape of economic path is crucial element of loan performance.
Economic conditions such as unemployment rate have its effects on default rate so moody's included this parameter in their analysis.
Moody's mortgage metrics uses time series analysis as an appropriate mathematical tool as a factor which effects binary decision.
When analysis individual loan risk in the pool Moody's stress more on default frequency and default severity. Default frequency is chance or probability that the borrower gets defaulted and will reach foreclosure and default severity is total amount of loss it incurs if the loan gets defaulted.
While evaluating both default severity and default frequency, moody's consider many input parameters such as;
* Loan to value ratio is one important parameter which gives information on borrower's equity. Borrower's equity is very important because it gives information about borrower's ability to withstand any economic situation. And loan to value ratio gives perfect idea of the borrower's equity.
* Borrower quality is one main important parameter and plays main role in the outcome of default foreclosure and default severity calculations. Borrower quality is analyzed using borrowers credit score of FICO. Credit score alone doesn't give borrowers quality so moody's consider frequency, duration, and time since any mortgage delinquencies, performance on consumer credit loans, length of employment, and income history. The post-mortgage debt service to income ratio (DTI) as other parameters in analyzing borrowers quality.
* Originator and servicer practices are crucial in determining default frequency. Borrower quality alone doesn't give perfect picture of borrower's quality. So it is very important to analyze originator practices in lending mortgages such as Past performance of the originator's loans; underwriting guidelines for the mortgage loans and adherence to them; Loan Marketing practices; Credit checks made on borrowers; Appraisal standards; Experience in origination of mortgages; Collection practices; and Loan liquidation procedures.
* Loan term gives an idea principal retirement and borrower's equity accumulation. Shorter the loan term higher will be monthly installments and longer the loan smaller will be monthly installments. If the borrower doesn't have enough cash at disposal, it is more likely he get defaulted having a short loan term.
* Time to本论文由英语论文网提供整理,提供论文代写,英语论文代写,代写论文,代写英语论文,代写留学生论文,代写英文论文,留学生论文代写相关核心关键词搜索。