Reverse Mortgage Contracts in U.S. and China

DC Field Value Language
dc.contributor.advisor성재영-
dc.contributor.authorZHANG YUEYUN-
dc.date.accessioned2019-10-21T07:25:17Z-
dc.date.available2019-10-21T07:25:17Z-
dc.date.issued2015-08-
dc.identifier.other20428-
dc.identifier.urihttps://dspace.ajou.ac.kr/handle/2018.oak/18689-
dc.description학위논문(석사)--아주대학교 일반대학원 :금융공학과,2015. 8-
dc.description.tableofcontentsAbstract………………………………………………………… 1 Contents………………………………………………………… 2 1 Introduction 1 2 U.S. Reverse Mortgage 3 2.1 Home Equity Conversion Mortgage 3 2.2 Home Keeper 8 2.3 Financial Freedom 8 2.4 Government Policies and Regulation 9 2.5 Securitization 10 3 China Situation Analysis 12 3.1 Compare with USA Situation 12 3.2 First Reverse Mortgage Product in China 14 3.3 Option Pricing Model for Redeemable & Non-Redeemable Products 15 3.4 Recommendations 20 4 Conclusion 22 References 23-
dc.language.isoeng-
dc.publisherThe Graduate School, Ajou University-
dc.rights아주대학교 논문은 저작권에 의해 보호받습니다.-
dc.titleReverse Mortgage Contracts in U.S. and China-
dc.typeThesis-
dc.contributor.affiliation아주대학교 일반대학원-
dc.contributor.department일반대학원 금융공학과-
dc.date.awarded2015. 8-
dc.description.degreeMaster-
dc.identifier.localId705451-
dc.identifier.urlhttp://dcoll.ajou.ac.kr:9080/dcollection/jsp/common/DcLoOrgPer.jsp?sItemId=000000020428-
dc.description.alternativeAbstractReverse mortgage is attracting more and more people’s attention as an important financial instrument nowadays. It has been developed quite well by countries such as USA. Taking the practice of reverse mortgage in USA as reference, this paper explores the development and improvement of reverse mortgage in USA. In addition, it discusses the current reverse mortgage insurance launched recently in China as well as the application of Black-Scholes-Merton formula in the pricing problem. Finally it puts forward recommendations according to local situation for better improving reverse mortgage.-
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Graduate School of Ajou University > Department of Financial Engineering > 3. Theses(Master)
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