WorldWideScience

Sample records for subdivision mortgage insurance

  1. 24 CFR 266.602 - Mortgage insurance premium: Insured advances.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Insured... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER... Contract Rights and Obligations Mortgage Insurance Premiums § 266.602 Mortgage insurance premium: Insured...

  2. 24 CFR 266.604 - Mortgage insurance premium: Other requirements.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Other... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER... Contract Rights and Obligations Mortgage Insurance Premiums § 266.604 Mortgage insurance premium: Other...

  3. 24 CFR 241.1030 - Mortgage insurance premiums.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premiums. 241... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SUPPLEMENTARY FINANCING FOR INSURED PROJECT MORTGAGES Insurance for Equity Loans and Acquisition...

  4. 24 CFR 203.255 - Insurance of mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance of mortgage. 203.255... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Endorsement and Contract of Insurance...

  5. 24 CFR 221.254 - Mortgage insurance premiums.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premiums. 221... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES LOW COST AND MODERATE INCOME MORTGAGE INSURANCE-SAVINGS CLAUSE Contract Rights and Obligations-Low...

  6. 24 CFR 221.753 - Termination of mortgage insurance.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Termination of mortgage insurance... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES LOW COST AND MODERATE INCOME MORTGAGE INSURANCE-SAVINGS CLAUSE Contract Rights and Obligations...

  7. 24 CFR 200.20 - Refinancing insured mortgages.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Refinancing insured mortgages. 200... Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Miscellaneous Project Mortgage Insurance § 200.20...

  8. 24 CFR 236.254 - Termination of mortgage insurance.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Termination of mortgage insurance... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE INSURANCE AND INTEREST REDUCTION PAYMENT FOR RENTAL PROJECTS Contract Rights and...

  9. 78 FR 59890 - Qualified Mortgage Definition for HUD Insured and Guaranteed Single Family Mortgages

    Science.gov (United States)

    2013-09-30

    ... URBAN DEVELOPMENT 24 CFR Parts 201, 203, 1005, and 1007 RIN 2502-AJ18 Qualified Mortgage Definition for HUD Insured and Guaranteed Single Family Mortgages AGENCY: Office of Secretary, HUD. ACTION: Proposed... mortgages, and generally prohibits a creditor from making a residential mortgage loan unless the creditor...

  10. 78 FR 75215 - Qualified Mortgage Definition for HUD Insured and Guaranteed Single Family Mortgages

    Science.gov (United States)

    2013-12-11

    ... CFR Parts 201, 203, 1005, and 1007 RIN 2502-AJ18 Qualified Mortgage Definition for HUD Insured and Guaranteed Single Family Mortgages AGENCY: Office of Secretary, HUD. ACTION: Final rule. SUMMARY: Through this final rule, HUD establishes a definition of ``qualified mortgage'' for the single family...

  11. 75 FR 75693 - Rehabilitation Mortgage Insurance Underwriting Program Section 203(k); Notice of Proposed...

    Science.gov (United States)

    2010-12-06

    ... URBAN DEVELOPMENT Rehabilitation Mortgage Insurance Underwriting Program Section 203(k); Notice of... INFORMATION CONTACT: Arlene Nunes, Deputy Director, Home Mortgage Insurance Division, Office of Single Family... information: Title of Proposal: Rehabilitation Mortgage Insurance Underwriting Program Section 203(k). OMB...

  12. 78 FR 36829 - Proposed Information Collection (Veterans Mortgage Life Insurance Statement) Activity: Comment...

    Science.gov (United States)

    2013-06-19

    ... AFFAIRS Proposed Information Collection (Veterans Mortgage Life Insurance Statement) Activity: Comment... solicits comments for information needed to decline Veterans Mortgage Life Insurance. DATES: Written... techniques or the use of other forms of information technology. Title: Veterans Mortgage Life Insurance...

  13. 75 FR 68040 - Proposed Information Collection (Veterans Mortgage Life Insurance Statement) Activity: Comment...

    Science.gov (United States)

    2010-11-04

    ... Collection (Veterans Mortgage Life Insurance Statement) Activity: Comment Request AGENCY: Veterans Benefits... to decline Veterans Mortgage Life Insurance. DATES: Written comments and recommendations on the... techniques or the use of other forms of information technology. Title: Veterans Mortgage Life Insurance...

  14. 76 FR 24571 - Proposed Information Collection (Veterans Mortgage Life Insurance Inquiry); Comment Request

    Science.gov (United States)

    2011-05-02

    ... AFFAIRS Proposed Information Collection (Veterans Mortgage Life Insurance Inquiry); Comment Request AGENCY... information needed to maintain Veterans Mortgage Life Insurance accounts. DATES: Written comments and... techniques or the use of other forms of information technology. Title: Veterans Mortgage Life Insurance...

  15. 75 FR 9247 - Single Family Mortgage Insurance Premium, Single Family

    Science.gov (United States)

    2010-03-01

    ... URBAN DEVELOPMENT Single Family Mortgage Insurance Premium, Single Family AGENCY: Office of the Chief... the Single Family Premium Collection Subsystem-Upfront (SFPCS-U) to remit the upfront premium to... manage and process upfront single family mortgage insurance premium collections and corrections to submit...

  16. 75 FR 60475 - Notice of Proposed Information Collection: Comment Request; Application for Mortgage Insurance...

    Science.gov (United States)

    2010-09-30

    ... URBAN DEVELOPMENT Notice of Proposed Information Collection: Comment Request; Application for Mortgage... responses. This Notice also lists the following information: Title of Proposal: Application for Mortgage... Mortgage Insurance for Cooperative and Condominium Housing'' form provides HUD with information to evaluate...

  17. 75 FR 68038 - Agency Information Collection (Veterans Mortgage Life Insurance Statement) Activity Under OMB Review

    Science.gov (United States)

    2010-11-04

    ... Collection (Veterans Mortgage Life Insurance Statement) Activity Under OMB Review AGENCY: Veterans Benefits... Mortgage Life Insurance Statement, VA Form 29-8636. OMB Control Number: 2900-0212. Type of Review... Veterans Mortgage Life Insurance (VMLI) or to provide information upon which the insurance premium can be...

  18. 76 FR 40455 - Agency Information Collection (Veterans Mortgage Life Insurance Inquiry) Activity Under OMB Review

    Science.gov (United States)

    2011-07-08

    ... AFFAIRS Agency Information Collection (Veterans Mortgage Life Insurance Inquiry) Activity Under OMB Review... INFORMATION: Title: Veterans Mortgage Life Insurance Inquiry, VA Form 29-0543. OMB Control Number: 2900-0501... insured under Veterans Mortgage Life Insurance (VMLI) completes VA Form 29-0543 to report any recent...

  19. 24 CFR 203.18c - One-time or up-front mortgage insurance premium excluded from limitations on maximum mortgage...

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false One-time or up-front mortgage...-front mortgage insurance premium excluded from limitations on maximum mortgage amounts. After... amount of any mortgage may be increased by the amount of any one-time or up-front mortgage insurance...

  20. 76 FR 40741 - Federal Housing Administration (FHA) Mortgage Insurance Premiums for Multifamily Housing Programs...

    Science.gov (United States)

    2011-07-11

    ... URBAN DEVELOPMENT Federal Housing Administration (FHA) Mortgage Insurance Premiums for Multifamily...: Notice. SUMMARY: This notice announces the mortgage insurance premiums (MIPs) for FHA Multifamily Housing...: Iris Agubuzo, Office of Multifamily Development, Office of Housing, Department of Housing and Urban...

  1. 75 FR 23794 - FHA-Insured Mortgage Loan Servicing of Payments, Prepayments, Terminations, Assumptions and...

    Science.gov (United States)

    2010-05-04

    ... URBAN DEVELOPMENT FHA Insured Mortgage Loan Servicing of Payments, Prepayments, Terminations... (mortgagees) servicing FHA-Insured mortgage loans. This information concerns detailed loan. The information is... Mortgage Insurance Fund. DATES: Comments Due Date: June 3, 2010. ADDRESSES: Interested persons are invited...

  2. 75 FR 41875 - Technical Processing Requirements for Multifamily Project Mortgage Insurance

    Science.gov (United States)

    2010-07-19

    ... URBAN DEVELOPMENT Technical Processing Requirements for Multifamily Project Mortgage Insurance AGENCY... for the purpose of obtaining multifamily mortgage insurance for new or rehabilitated housing. The... Project Mortgage Insurance. OMB Approval Number: 2502-New. Form Numbers: HUD-2415, HUD-2456, HUD-92466...

  3. 76 FR 40451 - Agency Information Collection (Veterans Mortgage Life Insurance-Change of Address Statement...

    Science.gov (United States)

    2011-07-08

    ... AFFAIRS Agency Information Collection (Veterans Mortgage Life Insurance-- Change of Address Statement.... 2900-0503.'' SUPPLEMENTARY INFORMATION: Title: Veterans Mortgage Life Insurance--Change of Address... continued ownership of property issued under Veterans Mortgage Life Insurance when an address change for the...

  4. 76 FR 24570 - Proposed Information Collection (Veterans Mortgage Life Insurance-Change of Address Statement...

    Science.gov (United States)

    2011-05-02

    ... AFFAIRS Proposed Information Collection (Veterans Mortgage Life Insurance--Change of Address Statement... Mortgage Life Insurance. DATES: Written comments and recommendations on the proposed collection of... information technology. Title: Veterans Mortgage Life Insurance--Change of Address Statement, VA Form 29-0563...

  5. 75 FR 52065 - Proposed Information Collection (Veterans Mortgage Life Insurance Statement) Activity: Comment...

    Science.gov (United States)

    2010-08-24

    ... AFFAIRS Proposed Information Collection (Veterans Mortgage Life Insurance Statement) Activity: Comment... solicits comments for information needed to decline Veterans Mortgage Life Insurance. DATES: Written...: Veterans Mortgage Life Insurance Statement, VA Form 29-8636. OMB Control Number: 2900-0212. Type of Review...

  6. 78 FR 58611 - Agency Information Collection (Veterans Mortgage Life Insurance Statement) Activity Under OMB Review

    Science.gov (United States)

    2013-09-24

    ... AFFAIRS Agency Information Collection (Veterans Mortgage Life Insurance Statement) Activity Under OMB... ``OMB Control No. 2900-0212.'' SUPPLEMENTARY INFORMATION: Title: Veterans Mortgage Life Insurance... collection. Abstract: Veterans complete VA Form 29-8636 to decline Veterans Mortgage Life Insurance (VMLI) or...

  7. 24 CFR 203.421 - Allocation of Mutual Mortgage Insurance Fund income or loss.

    Science.gov (United States)

    2010-04-01

    ... Mortgage Insurance Fund and Distributive Shares § 203.421 Allocation of Mutual Mortgage Insurance Fund... of the entire Mutual Mortgage Insurance Fund, such net income or such loss to the General Surplus... into consideration all income received from fees, premiums and earnings on investments of the fund...

  8. 76 FR 46833 - Notice of Proposed Information Collection: Comment Request; Application for FHA Insured Mortgages

    Science.gov (United States)

    2011-08-03

    ...; Application for FHA Insured Mortgages AGENCY: Office of the Assistant Secretary for Housing--Federal Housing... INFORMATION CONTACT: Arlene Nunes, Deputy Director, Home Mortgage Insurance Division, Office of Single Family... information: Title of Proposal: Requirements for Single Family Mortgage Instruments. OMB Control Number, if...

  9. 78 FR 75364 - 60-Day Notice of Proposed Information Collection: Application for FHA Insured Mortgages

    Science.gov (United States)

    2013-12-11

    ... Mortgages AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION...: Application for FHA Insured Mortgage. OMB Approval Number: 2502-0059. Type of Request: Extension of currently... determine the eligibility of the borrower and proposed mortgage transaction for FHA's insurance endorsement...

  10. 24 CFR 203.420 - Nature of Mutual Mortgage Insurance Fund.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Nature of Mutual Mortgage Insurance Fund. 203.420 Section 203.420 Housing and Urban Development Regulations Relating to Housing and Urban... and Distributive Shares § 203.420 Nature of Mutual Mortgage Insurance Fund. The Mutual Mortgage...

  11. 77 FR 21580 - Changes in Certain Multifamily Housing and Health Care Facility Mortgage Insurance Premiums for...

    Science.gov (United States)

    2012-04-10

    ... URBAN DEVELOPMENT Changes in Certain Multifamily Housing and Health Care Facility Mortgage Insurance...) Multifamily Housing, Health Care Facilities, and Hospital Mortgage Insurance programs for commitments to be... multifamily housing, health care facility, and hospital loans. The increases will not apply to Low Income...

  12. 24 CFR 221.256 - Interest rate increase and payment of mortgage insurance premiums on mortgages under § 221.60 and...

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Interest rate increase and payment... Interest rate increase and payment of mortgage insurance premiums on mortgages under § 221.60 and § 221.65... continuation of a below market interest rate, interest on such mortgage shall be computed by the mortgagee at...

  13. 24 CFR 203.439 - Mortgages on Hawaiian home lands insured pursuant to section 247 of the National Housing Act.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgages on Hawaiian home lands... Mortgages on Hawaiian home lands insured pursuant to section 247 of the National Housing Act. (a) Exemptions... mortgages insured pursuant to section 247 of the National Housing Act on leaseholds of Hawaiian home lands...

  14. 77 FR 40310 - Federal Housing Administration (FHA) Section 232 Healthcare Mortgage Insurance Program: Partial...

    Science.gov (United States)

    2012-07-09

    ... low- and moderate-income housing resource, the proposed PPC regulations for the Section 232 program... income will be sufficient to cover estimated operating expenses and debt service on the recast insured... the unpaid mortgage balance and accrued interest into two mortgages: One held by the lender and the...

  15. 24 CFR 266.608 - Mortgage insurance premium: Pro rata refund.

    Science.gov (United States)

    2010-04-01

    ... rata refund. 266.608 Section 266.608 Housing and Urban Development Regulations Relating to Housing and... premium: Pro rata refund. If the Contract of Insurance is terminated by payment in full or is terminated... account. In computing the pro rata portion of the annual mortgage insurance premium, the date of...

  16. 78 FR 67385 - 60-Day Notice of Proposed Information Collection: Application for Mortgage Insurance for...

    Science.gov (United States)

    2013-11-12

    ... URBAN DEVELOPMENT 60-Day Notice of Proposed Information Collection: Application for Mortgage Insurance... information. The purpose of this notice is to allow for 60 days of public comment. DATES: Comments Due Date.... affected public): Business or other for profit. Estimated Number of Respondents: 20. Estimated Number of...

  17. 78 FR 8329 - Federal Housing Administration (FHA): Hospital Mortgage Insurance Program-Refinancing Hospital Loans

    Science.gov (United States)

    2013-02-05

    ...) refinancing. III. Overview of Key Changes Made at Final Rule Stage HUD is making several changes to the... rule. Definitions (Section 242.1) The proposed rule added the following three definitions to 24 CFR... Administration (FHA): Hospital Mortgage Insurance Program--Refinancing Hospital Loans; Final Rule #0;#0;Federal...

  18. 78 FR 41339 - Federal Housing Administration (FHA) Multifamily Mortgage Insurance; Capturing Excess Claim Proceeds

    Science.gov (United States)

    2013-07-10

    ... and recordkeeping requirements, Solar energy. Accordingly, for the reasons stated in the preamble, HUD... property to FHA, FHA will pay insurance benefits to the mortgagee. When the loan is bond financed \\1\\, the... the current distribution, a multifamily project owner and lender may benefit from the mortgage default...

  19. 24 CFR 203.43h - Eligibility of mortgages on Indian land insured pursuant to section 248 of the National Housing Act.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Eligibility of mortgages on Indian land insured pursuant to section 248 of the National Housing Act. 203.43h Section 203.43h Housing and... mortgages on Indian land insured pursuant to section 248 of the National Housing Act. A mortgage covering a...

  20. 77 FR 26698 - Allocation of Mortgage Insurance Premiums

    Science.gov (United States)

    2012-05-07

    ... interest each taxable year. The final regulations reflect changes to the law made by the Tax Relief and..., Unemployment Insurance Reauthorization, and Job Creation Act of 2010. The regulations affect taxpayers who pay...). Section 759(a) of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010...

  1. 24 CFR 203.438 - Mortgages on Indian land insured pursuant to section 248 of the National Housing Act.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgages on Indian land insured pursuant to section 248 of the National Housing Act. 203.438 Section 203.438 Housing and Urban Development Regulations Relating to Housing and Urban Development (Continued) OFFICE OF ASSISTANT SECRETARY FOR HOUSING...

  2. Terminated Multifamily Mortgages Database

    Data.gov (United States)

    Department of Housing and Urban Development — Includes all terminated HUD Multifamily insured mortgages. It includes the Holder and Servicer at the time the mortgage was terminated. The data is good as of...

  3. Terminated Multifamily Mortgages Database

    Data.gov (United States)

    Department of Housing and Urban Development — This dataset includes all terminated HUD Multifamily mortgages except those from the Hospital Mortgage Insurance Program. It includes the Holder and Servicer at the...

  4. Terminated Multifamily Mortgages Database

    Data.gov (United States)

    Department of Housing and Urban Development — This Excel 2010 file includes all terminated HUD Multifamily insured mortgages. It includes the Holder and Servicer at the time the mortgage was terminated. The data...

  5. Assessment of fixed rate mortgage implied insurance cost: Method and ex-post Swiss market analysis

    OpenAIRE

    Philippe Bélanger

    2012-01-01

    A huge part of housing finance is related to mortgage. In Europe, loan-to-value range between 50% and 85% for mortgage while the mortgage market/GDP ratio increased by 20% in 2010. In most developed countries housing is the most important household's investment or expenditure. This investment is generally leveraged by mortgage borrowing. The mortgage can bear fixed or variable interest rate; both with their pros and cons. Fixed rate allows easier budgeting over years since the bank bear the i...

  6. 24 CFR 206.27 - Mortgage provisions.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage provisions. 206.27 Section... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES HOME EQUITY CONVERSION MORTGAGE INSURANCE Eligibility; Endorsement Eligible Mortgages § 206.27 Mortgage provisions. (a...

  7. 24 CFR 242.37 - Mortgage prepayment.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage prepayment. 242.37 Section... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE INSURANCE FOR HOSPITALS Mortgage Requirements § 242.37 Mortgage prepayment. (a) Prepayment privilege. Except...

  8. 24 CFR 200.17 - Mortgage coverage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage coverage. 200.17 Section... Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Eligible Mortgage § 200.17 Mortgage coverage. The mortgage...

  9. 24 CFR 200.80 - Mortgage form.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage form. 200.80 Section 200... Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Mortgage Provisions § 200.80 Mortgage form. The mortgage shall...

  10. 24 CFR 200.15 - Maximum mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Maximum mortgage. 200.15 Section... Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Eligible Mortgage § 200.15 Maximum mortgage. Mortgages must not...

  11. 24 CFR 203.17 - Mortgage provisions.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage provisions. 203.17 Section... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible Mortgages § 203...

  12. 24 CFR 242.35 - Mortgage lien certifications.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage lien certifications. 242... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE INSURANCE FOR HOSPITALS Mortgage Requirements § 242.35 Mortgage lien certifications. At initial...

  13. 24 CFR 203.342 - Mortgage modification.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage modification. 203.342... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Continuation of Insurance § 203.342...

  14. 24 CFR 236.505 - Eligible mortgages.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Eligible mortgages. 236.505 Section... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE... mortgages. Interest reduction payments pursuant to this subpart shall be made only in connection with a...

  15. 24 CFR 235.1214 - Mortgage lien.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage lien. 235.1214 Section 235... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE... Mortgages Under Section 235(r) of the National Housing Act Eligibility Requirements; Direct Endorsement...

  16. 24 CFR 200.87 - Mortgage prepayment.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage prepayment. 200.87 Section... Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Mortgage Provisions § 200.87 Mortgage prepayment. (a...

  17. 24 CFR 203.616 - Mortgage modification.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage modification. 203.616... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Servicing Responsibilities Mortgagee Action and Forbearance § 203.616...

  18. 24 CFR 203.32 - Mortgage lien.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage lien. 203.32 Section 203... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible Mortgagors § 203...

  19. 78 FR 36562 - 30-Day Notice of Proposed Information Collection: Home Equity Conversion Mortgage (HECM...

    Science.gov (United States)

    2013-06-18

    ... URBAN DEVELOPMENT 30-Day Notice of Proposed Information Collection: Home Equity Conversion Mortgage (HECM) Insurance Application for the Origination of Reverse Mortgages and Related Documents AGENCY... Information Collection Title of Information Collection: Home Equity Conversion Mortgage (HECM) Insurance...

  20. 24 CFR 206.201 - Mortgage servicing generally; sanctions.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage servicing generally... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES HOME EQUITY CONVERSION MORTGAGE INSURANCE Servicing Responsibilities § 206.201 Mortgage servicing...

  1. 24 CFR 203.18 - Maximum mortgage amounts.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Maximum mortgage amounts. 203.18... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible Mortgages...

  2. 24 CFR 203.18b - Increased mortgage amount.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Increased mortgage amount. 203.18b... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible Mortgages...

  3. 24 CFR 242.14 - Mortgage reserve fund.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage reserve fund. 242.14... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE INSURANCE FOR HOSPITALS General Eligibility Requirements § 242.14 Mortgage reserve fund. As a...

  4. 24 CFR 206.29 - Initial disbursement of mortgage proceeds.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Initial disbursement of mortgage... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES HOME EQUITY CONVERSION MORTGAGE INSURANCE Eligibility; Endorsement Eligible Mortgages § 206.29...

  5. 24 CFR 203.350 - Assignment of mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Assignment of mortgage. 203.350... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Assignment of Mortgage § 203.350...

  6. 24 CFR 203.333 - Reinstatement of defaulted mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Reinstatement of defaulted mortgage... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Default Under Mortgage § 203.333...

  7. 24 CFR 242.7 - Maximum mortgage amounts.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Maximum mortgage amounts. 242.7... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE INSURANCE FOR HOSPITALS General Eligibility Requirements § 242.7 Maximum mortgage amounts. The...

  8. 77 FR 49007 - Changes in Certain Multifamily Housing and Health Care Facility Mortgage Insurance Premiums for...

    Science.gov (United States)

    2012-08-15

    ... secondary and tertiary markets due in part to private capital (banks, pension funds, and insurance companies... (GI/SRI) fund and increase receipts to the Treasury, but would also encourage private lending to... commenters and HUD's response to these issues. Additional Protection for the GI/SRI Fund Is Unwarranted...

  9. 78 FR 59366 - Multifamily, Healthcare Facilities, and Hospital Mortgage Insurance Premiums for Fiscal Year (FY...

    Science.gov (United States)

    2013-09-26

    ... insurance premiums (MIPs) for Federal Housing Administration (FHA) Multifamily, Healthcare Facilities, and... CONTACT: Theodore K. Toon, Director, Office of Multifamily Development, Office of Housing, Department of... authorized under the National Housing Act (12 U.S.C. 1713 et seq.). Multifamily programs are administered by...

  10. 24 CFR 266.410 - Mortgage provisions.

    Science.gov (United States)

    2010-04-01

    ... HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY PROJECT LOANS Mortgage and... accordance with HUD guidelines. (i) Regulatory Agreement. The mortgage must contain a provision incorporating the Regulatory Agreement by reference. ...

  11. 77 FR 53209 - Notice of Proposed Information Collection: Comment Request; Home Equity Conversion Mortgage (HECM...

    Science.gov (United States)

    2012-08-31

    ... Mortgage (HECM) Insurance Application for the Origination of Reverse Mortgages and Related Documents AGENCY... Proposal: Home Equity Conversion Mortgage (HECM) Insurance Application for the Origination of Reverse Mortgages (and Related Documents) and the Home Equity Reverse Mortgage Information Technology System (HERMIT...

  12. 24 CFR 203.316 - Termination by prepayment of mortgage.

    Science.gov (United States)

    2010-04-01

    ... mortgage. 203.316 Section 203.316 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Termination of Insurance Contract...

  13. 24 CFR 257.104 - Eligible mortgages.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Eligible mortgages. 257.104 Section... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES HOPE FOR HOMEOWNERS PROGRAM Eligibility Requirements and Underwriting Procedures § 257.104 Eligible mortgages. A...

  14. 24 CFR 266.415 - Mortgage lien and other obligations.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage lien and other obligations... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER... Mortgage and Closing Requirements; HUD Endorsement § 266.415 Mortgage lien and other obligations. (a) Liens...

  15. 75 FR 62410 - Notice of Proposed Information Collection: Comment Request; Home Equity Conversion Mortgage (HECM...

    Science.gov (United States)

    2010-10-08

    ... Proposed Information Collection: Comment Request; Home Equity Conversion Mortgage (HECM) Insurance Application for the Origination of Reverse Mortgages and Related Documents AGENCY: Office of the Assistant.... This Notice also lists the following information: Title of Proposal: Home equity Conversion Mortgage...

  16. 24 CFR 257.203 - Calculation of up-front and annual mortgage insurance premiums for H4H program mortgages.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Calculation of up-front and annual... Rights and Obligations Under the Contract of Insurance § 257.203 Calculation of up-front and annual... to the following requirements: (1) Up-front premium. FHA shall establish and collect a single premium...

  17. 24 CFR 242.39 - Insurance endorsement.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance endorsement. 242.39... MORTGAGE INSURANCE FOR HOSPITALS Endorsement for Insurance § 242.39 Insurance endorsement. Initial endorsement of the mortgage note shall occur before any mortgage proceeds are insured, and the time of final...

  18. 24 CFR 203.600 - Mortgage collection action.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage collection action. 203.600... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Servicing Responsibilities Mortgagee Action and Forbearance § 203.600...

  19. 24 CFR 207.256a - Reinstatement of defaulted mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Reinstatement of defaulted mortgage... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MULTIFAMILY HOUSING MORTGAGE INSURANCE Contract Rights and Obligations Rights and Duties of...

  20. 24 CFR 200.145 - Property and mortgage assessment.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Property and mortgage assessment... HOUSING AND URBAN DEVELOPMENT GENERAL INTRODUCTION TO FHA PROGRAMS Mortgage Insurance Procedures and Processing Application for Insurance § 200.145 Property and mortgage assessment. (a) The mortgagor is...

  1. 24 CFR 203.500 - Mortgage servicing generally.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage servicing generally. 203... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Servicing Responsibilities General Requirements § 203.500...

  2. 24 CFR 203.49 - Eligibility of adjustable rate mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 203.49 Section 203.49 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible...

  3. 24 CFR 207.256b - Modification of mortgage terms.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Modification of mortgage terms. 207... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MULTIFAMILY HOUSING MORTGAGE INSURANCE Contract Rights and Obligations Rights and Duties of...

  4. 24 CFR 203.43 - Eligibility of miscellaneous type mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 203.43 Section 203.43 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible...

  5. 24 CFR 203.47 - Eligibility of growing equity mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 203.47 Section 203.47 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible...

  6. 24 CFR 232.904 - Term of the mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Term of the mortgage. 232.904... URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE INSURANCE FOR NURSING HOMES, INTERMEDIATE CARE FACILITIES, BOARD AND CARE HOMES, AND ASSISTED...

  7. 24 CFR 236.535 - Effect of assignment of mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Effect of assignment of mortgage... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES MORTGAGE INSURANCE AND INTEREST REDUCTION PAYMENT FOR RENTAL PROJECTS Interest Reduction Payments...

  8. 24 CFR 203.45 - Eligibility of graduated payment mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 203.45 Section 203.45 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Eligibility Requirements and Underwriting Procedures Eligible...

  9. 24 CFR 242.25 - Mortgage form and disbursement of mortgage proceeds.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage form and disbursement of mortgage proceeds. 242.25 Section 242.25 Housing and Urban Development Regulations Relating to Housing and..., DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT...

  10. 24 CFR 234.54 - Eligibility of assigned mortgages and mortgages covering acquired property.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Eligibility of assigned mortgages and mortgages covering acquired property. 234.54 Section 234.54 Housing and Urban Development...-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE...

  11. 76 FR 5818 - Notice of Submission of Proposed Information Collection to OMB Home Equity Conversion Mortgage...

    Science.gov (United States)

    2011-02-02

    ... Mortgage (HECM) Insurance Application for Reverse Mortgages and Related Documents AGENCY: Office of the... HECM reverse mortgage application and related documents are used to determine the eligibility of the borrower and proposed mortgage transaction for FHA insurance endorsement. This submission is a...

  12. 24 CFR 203.436 - Claim procedure-graduated payment mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 203.436 Section 203.436 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Graduated Payment Mortgages § 203...

  13. 24 CFR 206.15 - Insurance.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance. 206.15 Section 206.15... MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES HOME EQUITY CONVERSION MORTGAGE INSURANCE Eligibility; Endorsement § 206.15 Insurance. Mortgages originated under this...

  14. 24 CFR 203.404 - Amount of payment-assigned mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 203.404 Section 203.404 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Payment of Insurance Benefits...

  15. Portfolio Optimization and Mortgage Choice

    Directory of Open Access Journals (Sweden)

    Maj-Britt Nordfang

    2017-01-01

    Full Text Available This paper studies the optimal mortgage choice of an investor in a simple bond market with a stochastic interest rate and access to term life insurance. The study is based on advances in stochastic control theory, which provides analytical solutions to portfolio problems with a stochastic interest rate. We derive the optimal portfolio of a mortgagor in a simple framework and formulate stylized versions of mortgage products offered in the market today. This allows us to analyze the optimal investment strategy in terms of optimal mortgage choice. We conclude that certain extreme investors optimally choose either a traditional fixed rate mortgage or an adjustable rate mortgage, while investors with moderate risk aversion and income prefer a mix of the two. By matching specific investor characteristics to existing mortgage products, our study provides a better understanding of the complex and yet restricted mortgage choice faced by many household investors. In addition, the simple analytical framework enables a detailed analysis of how changes to market, income and preference parameters affect the optimal mortgage choice.

  16. 24 CFR 200.21 - Reinsurance of Commissioner held mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 200.21 Section 200.21 Housing and Urban Development Regulations Relating to Housing and Urban..., Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Miscellaneous Project Mortgage...

  17. 24 CFR 200.34 - Property and mortgage assessment.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Property and mortgage assessment..., Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance... Regulations § 200.34 Property and mortgage assessment. The requirements set forth in 24 CFR part 200, subpart...

  18. 24 CFR 200.81 - Disbursement of mortgage proceeds.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Disbursement of mortgage proceeds..., Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Mortgage Provisions § 200.81...

  19. 24 CFR 234.259 - Claim procedure-graduated payment mortgages.

    Science.gov (United States)

    2010-04-01

    ... mortgages. 234.259 Section 234.259 Housing and Urban Development Regulations Relating to Housing and Urban... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES CONDOMINIUM OWNERSHIP MORTGAGE INSURANCE Contract Rights and Obligations-Individually Owned Units...

  20. Reverse mortgages.

    Science.gov (United States)

    Farnesi, D

    1995-09-01

    Elders and their families are often caught in a financial bind when it comes to paying for much-needed home care services. Reverse mortgages may offer a solution to elderly home care clients who own their homes but have a limited income with which to maintain their independence.

  1. 24 CFR 203.443 - Insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premium. 203.443 Section... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE FAMILY MORTGAGE INSURANCE Contract Rights and Obligations Rehabilitation Loans § 203.443 Insurance...

  2. Reverse mortgages and the economic status of elderly women.

    Science.gov (United States)

    Morgan, B A; Megbolugbe, I F; Rasmussen, D W

    1996-06-01

    Data from the 1990 Census of Population and Housing are used to estimate the potential demand for reverse mortgages among elderly women householders. A reverse mortgage product is simulated using parameters based on the Home Equity Conversion Mortgage insurance demonstration, and its effect on poverty and income distribution among this group is calculated. Approximately 1.8 million women with low incomes and home equity of $40,000 and above could see a significant increase in income under such a program.

  3. Mortgage Default Risk

    DEFF Research Database (Denmark)

    Chauvet, Marcelle; Gabriel, Stuart; Lutz, Chandler

    2016-01-01

    We use Google search query data to develop a broad-based and real-time index of mortgage default risk. Unlike established indicators, our Mortgage Default Risk Index (MDRI) directly reflects households’concerns regarding their risk of mortgage default. The MDRI predicts housing returns, mortgage ...

  4. 75 FR 60474 - Notice of Proposed Information Collection: Comment Request; Mortgage Record Change

    Science.gov (United States)

    2010-09-30

    ... URBAN DEVELOPMENT Notice of Proposed Information Collection: Comment Request; Mortgage Record Change... information: Title of Proposal: Mortgage Record Change. OMB Control Number, if applicable: 2502-0422. Description of the need for the information and proposed use: Servicing of insured mortgages must be performed...

  5. 78 FR 64143 - 30-Day Notice of Proposed Information Collection: Contractor's Requisition-Project Mortgages

    Science.gov (United States)

    2013-10-25

    ... Mortgages AGENCY: Office of the Chief Information Officer, HUD. ACTION: Notice. SUMMARY: HUD has submitted...--Project Mortgages. OMB Approval Number: 2502-0028. Type of Request: Extension without change of a... insured mortgage proceeds when construction costs are involved. The information regarding completed work...

  6. Second Mortgages

    DEFF Research Database (Denmark)

    Miltersen, Kristian R.; Torous, Walter N.

    correlates homeowners' default decisions so that a large drop in house prices can result in almost all of these homeowners defaulting together. In this case, even the most senior tranches of structured financial products collateralized by first-lien mortgages may no longer be protected from default losses...... after the bursting of the U.S. housing bubble. By contrast, our results are not consistent with the argument that the observed downgrades occurred because the severity of the U.S. housing market downturn was underestimated by credit rating agencies....

  7. 76 FR 53851 - Federal Housing Administration (FHA): Suspension of Section 238(c) Single-Family Mortgage...

    Science.gov (United States)

    2011-08-30

    ... construction, repair, rehabilitation, or purchase of property located near any installation of the Armed Forces... Section 238(c) Single-Family Mortgage Insurance in Military Impacted Areas AGENCY: Office of the Assistant... National Housing Act (Act). This single-family mortgage insurance program, established by regulation in...

  8. 77 FR 9177 - Federal Housing Administration (FHA): Suspension of Section 238(c) Single-Family Mortgage...

    Science.gov (United States)

    2012-02-16

    ..., rehabilitation, or purchase of property located near any installation of the Armed Forces of the United States in... Section 238(c) Single-Family Mortgage Insurance in Military Impacted Areas AGENCY: Office of the Assistant... under section 238(c) of the National Housing Act. This single-family mortgage insurance program...

  9. Mortgage Debt and Wages

    DEFF Research Database (Denmark)

    Wood, James

    2016-01-01

    Different approaches to mortgage debt may impact wages, how homeowners engage with employers and welfare services, and economic growth.......Different approaches to mortgage debt may impact wages, how homeowners engage with employers and welfare services, and economic growth....

  10. Mortgage Foreclosure Prevention Efforts

    National Research Council Canada - National Science Library

    Kristopher Gerardi; Wenli Li

    2010-01-01

    .... A loan modification involves changing the terms of the mortgage contract in such a way as to lower the borrower's monthly mortgage payment and, in some cases, to also lower the amount of principal owed...

  11. Mortgage Finance in Denmark

    DEFF Research Database (Denmark)

    Rimmer, Nina Roehr

    2011-01-01

    A brief introduction to the Danish mortgage system and some of the challenges and possibilities within this framework.......A brief introduction to the Danish mortgage system and some of the challenges and possibilities within this framework....

  12. Loan and Mortgage Spreadsheet.

    Science.gov (United States)

    Burns, Edward

    Information about the effect of changes in interest rates and the length of repayment on mortgages is available through the use of this loan and mortgage spreadsheet program designed for use on Apple computers. It is especially designed to help people evaluate the relative advantages of a variable rate mortgage with a low initial rate of interest…

  13. 76 FR 73653 - Notice of Withdrawal of Proposed Information Collection: Local Appeals to Single-Family Mortgage...

    Science.gov (United States)

    2011-11-29

    ...-Family Mortgage Limits AGENCY: Office of the Assistant Secretary for Housing, HUD. ACTION: Notice... to Single-Family Mortgage Limits. This notice announces the withdrawal of that proposed information collection. FOR FURTHER INFORMATION CONTACT: Program Contact, Arlene Nunes, Director, Home Mortgage Insurance...

  14. 75 FR 41877 - Insured Healthcare Facilities 232 Loan Application

    Science.gov (United States)

    2010-07-19

    ... URBAN DEVELOPMENT Insured Healthcare Facilities 232 Loan Application AGENCY: Office of the Chief... provided is the application for HUD/FHA multifamily mortgage insurance. The information from sponsors and... care facilities is also required as part of the application for firm commitment for mortgage insurance...

  15. 24 CFR 241.1210 - Condition for payment of insurance benefits.

    Science.gov (United States)

    2010-04-01

    ... senior insured mortgage and equity or acquisition loan, plus taxes, insurance, foreclosure costs, fees... benefits. 241.1210 Section 241.1210 Housing and Urban Development Regulations Relating to Housing and Urban... AUTHORITIES SUPPLEMENTARY FINANCING FOR INSURED PROJECT MORTGAGES Insurance for Equity Loans and Acquisition...

  16. Mortgage market regulation: Europe

    NARCIS (Netherlands)

    Aalbers, M.B.; Smith, S.J.

    2012-01-01

    Despite several European Union (EU) initiatives, there is only limited pan-European mortgage market regulation. The EU strategy can be characterised as one of parallel liberalisation and consolidation. This article highlights the key differences in regulation among European mortgage markets.

  17. ENFORCEMENT OF MORTGAGE CONTRACT

    Directory of Open Access Journals (Sweden)

    Alisa A. BELU

    2016-07-01

    Full Text Available A chattel mortgage contract is the expression of a real guarantee that gives the creditor precedence over other creditors, in addition to the general pledge upon the belongings of the debtor. It refers to the sale of mortgaged movable assets, exclusively or prioritized in favor of the mortgaging creditor, in case the debtor does not comply with his / her commitments, under the signed mortgage contract. Beginning from this purpose, shared by both sides (as the chattel mortgage contract is synallagmatic, in case the debtor is unable to fulfill his / her commitments, the sides reach a situation of enforcement of the signed chattel mortgage contract. Given the legal status of the chattel mortgage contract [Art. 2387-2477 Noul Cod Civil , Universul Juridic, Bucureşti, 2016, ISBN 978-606-673-792-0], the principle of binding force of the contract and the principle according to which signed legal conventions will entail legal effects, the Romanian law maker developed the proper legal framework for the enforcement of the chattel mortgage contract. [art. 622 si urm. Noul Cod de Procedură Civilă, ed. Hamangiu, Bucureşti, 2016, ISBN 978-606-27-0459-9].

  18. 46 CFR 67.233 - Restrictions on recording mortgages, preferred mortgages, and related instruments.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Restrictions on recording mortgages, preferred mortgages... Instruments-Mortgages, Preferred Mortgages, and Related Instruments § 67.233 Restrictions on recording mortgages, preferred mortgages, and related instruments. (a) A mortgage or assumption of mortgage which...

  19. 24 CFR 201.31 - Insurance charge.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance charge. 201.31 Section... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS Insurance of Loans § 201.31 Insurance charge. (a...

  20. Location mortgage in accounting objects

    Directory of Open Access Journals (Sweden)

    I.M. Vygiska

    2015-12-01

    Full Text Available The article analyzes the mechanism of the implementation of all kinds of mortgage (mortgage, pledge, mortgage of securities, security of property rights, the mortgage of goods in circulation or processing, tax lien defined the specificity of receipt/return of the mortgage, particularly payments between mortgagor and the mortgagee. Determine the subject property entities that can act as mortgage; identified by their place in the system of objects of accounting mortgagor and the mortgagee. The peculiarities of the balance sheet and off-balance sheet assets as a reflection of your collateral. Identified two groups of mortgage transactions: transactions with mortgage for its receipt and transmission; business transactions related to the conditions of loan agreements (loan and mortgage. The results are shown in the research paper proposals allow for further research to develop mortgage organizational and methodological support the operations accounting for the effective management of financial resources and obligations, collateralised.

  1. Termination of mortgages

    Directory of Open Access Journals (Sweden)

    Savić Jadranka

    2016-01-01

    Full Text Available Article aims to show the new regulations which made significant changes in the positive legislation of the Republic of Serbia when it comes to the field of security claims, all observed in light of the new Mortgage Law. The aim of every legal transaction is to establish a certain balance between the principle the freedom of contracting and legal certainty and thus contribute to the creation of legal and economic framework for investments in Serbia. Without a developed mortgage law and mortgage there is no assurance of investors in their investment in our country, and therefore there is no investors nor business transactions.

  2. Reverse Mortgage Participation in the United States: Evidence from a National Study

    Directory of Open Access Journals (Sweden)

    Swarn Chatterjee

    2016-03-01

    Full Text Available This paper uses the most recent wave of a nationally representative dataset to examine the factors associated with elderly homeowners’ decision to obtain reverse mortgage loans. The findings of this study suggest that very few homeowners participated in the reverse mortgage market, and homeowners younger than 67 were less likely to have reverse mortgage loans. However, homeowners who were risk averse, and homeowners in the two highest quartiles of net worth were more likely to have reverse mortgage loans. Further analyses reveal that among the reverse mortgage participants, homeowners with long-term care insurance coverage were less likely to have reverse mortgage loans. Implications for financial economists, financial planners, policy-makers, and scholars of retirement economics are included.

  3. Simplifying massive planar subdivisions

    DEFF Research Database (Denmark)

    Arge, Lars; Truelsen, Jakob; Yang, Jungwoo

    2014-01-01

    (SORT(N)) I/Os, where N is the size of the decomposition and SORT(N) is the number of I/Os need to sort in the standard external-memory model of computation. Previously, such an algorithm was only known for the special case of contour map simplification. Our algorithm is simple enough to be of practical......We present the first I/O- and practically-efficient algorithm for simplifying a planar subdivision, such that no point is moved more than a given distance εxy and such that neighbor relations between faces (homotopy) are preserved. Under some practically realistic assumptions, our algorithm uses...... interest. In fact, although more general, it is significantly simpler than the previous contour map simplification algorithm. We have implemented our algorithm and present results of experimenting with it on massive real-life data. The experiments confirm that the algorithm is efficient in practice...

  4. 24 CFR 266.612 - Insurance endorsement.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance endorsement. 266.612... Rights and Obligations Insurance Endorsement § 266.612 Insurance endorsement. (a) Initial endorsement... instrument. (b) Final endorsement. When all advances of mortgage proceeds have been made and all other...

  5. 24 CFR 200.100 - Insurance endorsement.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance endorsement. 200.100... Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects Endorsement § 200.100 Insurance endorsement. The...

  6. Subdivision depth for triangular surfaces

    Directory of Open Access Journals (Sweden)

    G. Mustafa

    2016-06-01

    Full Text Available The aim of this attempt was to present an efficient algorithm for the evaluation of error bound of triangular subdivision surfaces. The error estimation technique is based on first order difference and this process is independent of parametrization. This technique can be easily generalized to higher arity triangular surfaces. The estimated error bound is expressed in-terms of initial control point sequence and constants. Here, we efficiently estimate error bound between triangular surface and its control polygon after k-fold subdivision and further extended to evaluate subdivision depth of the scheme.

  7. Adverse Selection in China's Home Mortgage Policy

    DEFF Research Database (Denmark)

    Gao, Cixiu

    2016-01-01

    The Chinese home buyers are liquidity constrained with limited access to refinance, dissatisfactory social insurance and high home prices. The government requires all borrowers to make a substantial down payment, normally 20% to 50% of the home price, depending on non-risk-related qualifications....... vulnerable to negative shocks. The model is estimated using individual mortgage data provided by a major commercial bank of southeast China. We then provide forecasts on long-run default probabilities, as well as quantitative evidence for future adverse selection....

  8. 24 CFR 291.550 - Second mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Second mortgage. 291.550 Section... Sales Program § 291.550 Second mortgage. (a) General. The second mortgage is a mortgage and note... between the list price of the home and the discounted selling price. (b) Second mortgage term. The term of...

  9. Numerical ability predicts mortgage default.

    Science.gov (United States)

    Gerardi, Kristopher; Goette, Lorenz; Meier, Stephan

    2013-07-09

    Unprecedented levels of US subprime mortgage defaults precipitated a severe global financial crisis in late 2008, plunging much of the industrialized world into a deep recession. However, the fundamental reasons for why US mortgages defaulted at such spectacular rates remain largely unknown. This paper presents empirical evidence showing that the ability to perform basic mathematical calculations is negatively associated with the propensity to default on one's mortgage. We measure several aspects of financial literacy and cognitive ability in a survey of subprime mortgage borrowers who took out loans in 2006 and 2007, and match them to objective, detailed administrative data on mortgage characteristics and payment histories. The relationship between numerical ability and mortgage default is robust to controlling for a broad set of sociodemographic variables, and is not driven by other aspects of cognitive ability. We find no support for the hypothesis that numerical ability impacts mortgage outcomes through the choice of the mortgage contract. Rather, our results suggest that individuals with limited numerical ability default on their mortgage due to behavior unrelated to the initial choice of their mortgage.

  10. Safe and Liquid Mortgage Bonds

    DEFF Research Database (Denmark)

    Dick-Nielsen, Jens; Gyntelberg, Jacob; Lund, Jesper

    eliminates credit risk from the investor's perspective. Similar to other safe bonds, funding liquidity becomes the main driver of mortgage bond liquidity and this creates commonality in liquidity across markets and countries. These findings have implications for how to design a robust mortgage bond system......This paper shows that strict match pass-through funding of covered bonds provides safe and liquid mortgage bonds. Despite a 30% drop in house prices during the 2008 global crisis Danish mortgage bonds remained as liquid as most European government bonds. The Danish pass-through system effectively...... and for the treatment of covered bonds in capital regulation....

  11. Recursively-regular subdivisions and applications

    Directory of Open Access Journals (Sweden)

    Rafel Jaume

    2016-05-01

    Full Text Available We generalize regular subdivisions (polyhedral complexes resulting from the projection of the lower faces of a polyhedron introducing the class of recursively-regular subdivisions. Informally speaking, a recursively-regular subdivision is a subdivision that can be obtained by splitting some faces of a regular subdivision by other regular subdivisions (and continue recursively. We also define the finest regular coarsening and the regularity tree of a polyhedral complex. We prove that recursively-regular subdivisions are not necessarily connected by flips and that they are acyclic with respect to the in-front relation. We show that the finest regular coarsening of a subdivision can be efficiently computed, and that whether a subdivision is recursively regular can be efficiently decided. As an application, we also extend a theorem known since 1981 on illuminating space by cones and present connections of recursive regularity to tensegrity theory and graph-embedding problems.     

  12. 24 CFR 241.570 - Insurance endorsement.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance endorsement. 241.570... § 241.570 Insurance endorsement. (a) Initial endorsement. The Commissioner shall indicate his/her... endorsement. When all advances of mortgage proceeds have been made and all the terms and conditions of the...

  13. 24 CFR 320.27 - Mortgages.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgages. 320.27 Section 320.27... NATIONAL MORTGAGE ASSOCIATION, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUARANTY OF MORTGAGE-BACKED SECURITIES Bond-Type Securities § 320.27 Mortgages. Guaranteed securities issued under these provisions must...

  14. 24 CFR 320.7 - Mortgages.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgages. 320.7 Section 320.7... NATIONAL MORTGAGE ASSOCIATION, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GUARANTY OF MORTGAGE-BACKED SECURITIES Pass-Through Type Securities § 320.7 Mortgages. Each issue of guaranteed securities must be backed...

  15. 24 CFR 81.62 - Mortgage reports.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 1 2010-04-01 2010-04-01 false Mortgage reports. 81.62 Section 81... THE SECRETARY OF HUD'S REGULATION OF THE FEDERAL NATIONAL MORTGAGE ASSOCIATION (FANNIE MAE) AND THE FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC) Reporting Requirements § 81.62 Mortgage reports. (a...

  16. Essays in Mortgage Funding and Risk Management

    OpenAIRE

    Bellicha, Aya

    2016-01-01

    This dissertation consists of three chapters on mortgage funding and risk management.The U.S mortgage market is very concentrated. In 2006, the top 40 lenders were responsiblefor the origination of 96 percent of all mortgages (Stanton et al. (2014)). These large lendersoriginated about 60 percent of the mortgages through the wholesale channel, delegating partsof the origination process to third party agents such as mortgage brokers and correspondentlenders. I show that the type of agent selec...

  17. 24 CFR 213.266 - Initial insurance endorsement.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Initial insurance endorsement. 213.266 Section 213.266 Housing and Urban Development Regulations Relating to Housing and Urban... insurance endorsement. The Commissioner shall indicate his insurance of the mortgage or supplementary loan...

  18. 24 CFR 241.265 - Insurance of property against flood.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance of property against flood. 241.265 Section 241.265 Housing and Urban Development Regulations Relating to Housing and Urban... Insurance of property against flood. The mortgaged property shall be insured against flood as stipulated by...

  19. 75 FR 16821 - Insured Healthcare Facilities 232 Loan Application

    Science.gov (United States)

    2010-04-02

    ... URBAN DEVELOPMENT Insured Healthcare Facilities 232 Loan Application AGENCY: Office of the Chief... lists the following information: Title of Proposal: Insured Healthcare Facilities 232 Loan Application... provided is the application for HUD/FHA multifamily mortgage insurance. The information form sponsors and...

  20. Allegheny County Mortgage Foreclosure Records

    Data.gov (United States)

    Allegheny County / City of Pittsburgh / Western PA Regional Data Center — This data includes filings related to mortgage foreclosure in Allegheny County. The foreclosure process enables a lender to take possession of a property due to an...

  1. IMPROVING THE SYSTEM OF MORTGAGE CREDITING OF RESIDENTIAL REAL ESTATE IN UKRAINE

    Directory of Open Access Journals (Sweden)

    Alexander Goloven

    2015-11-01

    Full Text Available The purpose of the article is to improve the system of mortgage crediting of residential real estate in Ukraine. Mortgage lending appeared in Ukraine in the early XVII century, today the actual problem is a small percentage of the banking book long-term mortgage loans, because banks, on the one hand, tend to rotate without the risk of short-term funds, another potential borrower of these loans, unfortunately, is not creditworthy. However, despite the risks, this banking product is a significant factor in the redistribution and accumulation of funds, the transformation of private savings into investment resources, the problem of housing, but also contributes to the stabilization of the economy in the country as a whole. Functioning and the distribution of mortgage capital, the possible financial risks, the interaction of the mortgage market by the financial, investment and monetary Affairs, leads to a certain complexity of the mechanism of functioning of the mortgage market of Ukraine in general. The relevance of this topic not only in the development of the housing market, but also the feasibility studies for the development of this issue. We present an analysis of the institutional environment of mortgage lending residential real estate, which gave an opportunity to identify and define the environment of modern residential real estate market, its relationship with other markets. Methodology. The survey is based on institutional structure of the mortgage market that has evolved independently of other structures, independently within country under the influence of specific socio-economic environment and economic policy. Results of the survey showed that mortgage lending can be providing the borrower with some free services, such as: long-term deposit on favorable terms, notary services, insurance, discounts on bank services, providing services to the bank and the developer, given appropriate training of the borrower and so forth. Practical

  2. Nanothermodynamics: a subdivision potential approach

    Directory of Open Access Journals (Sweden)

    R. Moussavi

    2005-12-01

    Full Text Available  Classical thermodynamic laws and relations have been developed for macroscopic systems that satisfy the thermodynamic limit. These relations are challenged as the system size decreases to the scale of nano-systems, in which thermodynamic properties are overshadowed by system size, and the usual classical concepts of extensivity and intensivity are no longer valid. The challenges to the classical thermodynamics in relation to small systems are demonstrated, and via the approach introduced by Hill, the concept of sub-division potential is clarified in details. The fundamental thermodynamic relations are obtained using a rational-based method.

  3. 46 CFR 289.3 - Provision in subsidy agreements and mortgages.

    Science.gov (United States)

    2010-10-01

    ... SUBSIDIZED VESSELS AND OPERATORS INSURANCE OF CONSTRUCTION-DIFFERENTIAL SUBSIDY VESSELS, OPERATING-DIFFERENTIAL SUBSIDY VESSELS AND OF VESSELS SOLD OR ADJUSTED UNDER THE MERCHANT SHIP SALES ACT 1946 § 289.3 Provision in subsidy agreements and mortgages. (a) All construction-differential subsidy agreements and...

  4. The globalization and Europeanization of mortgage markets

    NARCIS (Netherlands)

    Aalbers, M.B.

    2009-01-01

    Do globalization and Europeanization lead to the deterritorialization of European mortgage markets? Neither economic globalization nor EU policies have resulted in one European mortgage market. The various European mortgage markets are still quite different from one another in many respects. In most

  5. 27 CFR 6.34 - Mortgages.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Mortgages. 6.34 Section 6... TREASURY LIQUORS âTIED-HOUSEâ Unlawful Inducements Interest in Retail Property § 6.34 Mortgages. The acquisition of a mortgage on a retailer's real or personal property by an industry member constitutes an...

  6. 24 CFR 4001.104 - Eligible mortgages.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 5 2010-04-01 2010-04-01 false Eligible mortgages. 4001.104 Section 4001.104 Housing and Urban Development Regulations Relating to Housing and Urban Development... Requirements and Underwriting Procedures § 4001.104 Eligible mortgages. A mortgage eligible to be refinanced...

  7. 46 CFR 298.31 - Mortgage.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Mortgage. 298.31 Section 298.31 Shipping MARITIME... § 298.31 Mortgage. (a) In general. Under normal circumstances, a Guarantee shall not be endorsed on any Obligation until we receive satisfactory evidence that we hold a Mortgage in one or more Vessels or a...

  8. All Mortgages Are Not Created Equal

    OpenAIRE

    Rhodes, Karl; Robinson, Breck L.

    2013-01-01

    Housing experts have studied the relative performance of different types of mortgages during the housing crisis. But foreclosure analysis often overlooks distinctions between mortgages issued to occupant owners and those issued to non-occupant owners. This Economic Brief highlights the impact of non-occupant-owner mortgages on the housing crisis.

  9. 7 CFR 1718.52 - Existing mortgages.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 11 2010-01-01 2010-01-01 false Existing mortgages. 1718.52 Section 1718.52... AGRICULTURE LOAN SECURITY DOCUMENTS FOR ELECTRIC BORROWERS Mortgage for Distribution Borrowers § 1718.52 Existing mortgages. Nothing contained in this subpart amends, invalidates, terminates or rescinds any...

  10. 75 FR 10707 - MORTGAGE ASSISTANCE RELIEF SERVICES

    Science.gov (United States)

    2010-03-09

    ...-cycle of mortgage loans, i.e., practices with regard to the marketing, advertising, and servicing of... advertising mainly on their capacity to obtain mortgage loan modifications\\35\\ as opposed to other forms of... advertised for consultants with mortgage and real estate experience to join its cadre of loan modification...

  11. 24 CFR 213.268 - Final insurance endorsement.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Final insurance endorsement. 213.268 Section 213.268 Housing and Urban Development Regulations Relating to Housing and Urban... insurance endorsement. When all advances of mortgage or loan proceeds have been made and all the terms and...

  12. 46 CFR 67.235 - Requirements for mortgages.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Requirements for mortgages. 67.235 Section 67.235... DOCUMENTATION OF VESSELS Filing and Recording of Instruments-Mortgages, Preferred Mortgages, and Related Instruments § 67.235 Requirements for mortgages. (a) A mortgage presented for filing and recording must: (1...

  13. 12 CFR 652.40 - Stress tests for mortgage securities.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Stress tests for mortgage securities. 652.40... MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRS Investment Management § 652.40 Stress tests for mortgage... and price of each mortgage security that you purchase and hold, except for adjustable rate mortgage...

  14. 17 CFR 240.3a12-1 - Exemption of certain mortgages and interests in mortgages.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Exemption of certain mortgages and interests in mortgages. 240.3a12-1 Section 240.3a12-1 Commodity and Securities Exchanges... Exemption of certain mortgages and interests in mortgages. Mortgages, as defined in section 302(d) of the...

  15. FHA Insured Single Family Properties by Census Tract - National Geospatial Data Asset (NGDA)

    Data.gov (United States)

    Department of Housing and Urban Development — The Federal Housing Administration, generally known as FHA, provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its...

  16. 24 CFR 266.626 - Notice of default and filing an insurance claim.

    Science.gov (United States)

    2010-04-01

    ... AND OTHER AUTHORITIES HOUSING FINANCE AGENCY RISK-SHARING PROGRAM FOR INSURED AFFORDABLE MULTIFAMILY... any other covenant under the provision of the mortgage or the regulatory agreement, which is...

  17. 24 CFR 241.825 - Pro rata refund of insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance... Projects Without a HUD-Insured or HUD-Held Mortgage Premiums § 241.825 Pro rata refund of insurance premium... Commissioner shall refund to the lender for the account of the borrower an amount equal to the pro rata portion...

  18. 33 CFR 187.15 - When is a mortgage a preferred mortgage?

    Science.gov (United States)

    2010-07-01

    ... 33 Navigation and Navigable Waters 2 2010-07-01 2010-07-01 false When is a mortgage a preferred mortgage? 187.15 Section 187.15 Navigation and Navigable Waters COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED) BOATING SAFETY VESSEL IDENTIFICATION SYSTEM General § 187.15 When is a mortgage a...

  19. 76 FR 23459 - Federal Agricultural Mortgage Corporation Governance and Federal Agricultural Mortgage...

    Science.gov (United States)

    2011-04-27

    ... 12 CFR Parts 651 and 652 RIN 3052-AC51 Federal Agricultural Mortgage Corporation Governance and Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Risk- Based Capital Requirements... (RBCST or model) used by the Federal Agricultural Mortgage Corporation (Farmer Mac). This rulemaking...

  20. 76 FR 35966 - Federal Agricultural Mortgage Corporation Governance and Federal Agricultural Mortgage...

    Science.gov (United States)

    2011-06-21

    ... 12 CFR Parts 651 and 652 RIN 3052-AC51 Federal Agricultural Mortgage Corporation Governance and Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Risk- Based Capital Requirements... used by the Federal Agricultural Mortgage Corporation. In accordance with 12 U.S.C. 2252, the effective...

  1. Mortgage enforcement on real estate

    Directory of Open Access Journals (Sweden)

    Stošić Slobodan

    2015-01-01

    Full Text Available In modern economy credit mechanism provides adequate guidance of social wealth. Developed lending involves the construction and establishment of legal principles that would provide additional security to persons who establish mutual credit relationship, which constitutes the rights and obligations. Mortgages as collateral, had a limited scope in countries witch economy is based on strong state intervention in the market. The adoption of new regulations, these institutions again became important and tempting, especially for banks as lenders are all prevalent in the market. If debtor fails to pay its debt when it is due, mortgage creditor can choose between two modes of payment. Mortgage agreement is now enforceable title, by the amendments of executive law. However, after the reform of the judicial system in the Republic of Serbia, courts are still inadequately organized, which is also reflected in the large number of overload of cases, which frustrates the very efficiency of the judicial proceedings for the protection and realization of individual rights.

  2. Mortgage risks, debt literacy and financial advice

    NARCIS (Netherlands)

    van Ooijen, Raun; van Rooij, Maarten C.J.

    2016-01-01

    A limited understanding of mortgage contracts and the risks involved may have contributed to the outbreak of the 2007–2008 financial crisis. We developed a special questionnaire relating mortgage loan decisions to financial knowledge and financial advice. Our results demonstrate that homeowners

  3. Undergraduate Research: Mathematical Modeling of Mortgages

    Science.gov (United States)

    Choi, Youngna; Spero, Steven

    2010-01-01

    In this article, we study financing in the real estate market and show how various types of mortgages can be modeled and analyzed. With only an introductory level of interest theory, finance, and calculus, we model and analyze three types of popular mortgages with real life examples that explain the background and inevitable outcome of the current…

  4. A New Paradigm in Mortgage Loan Advice

    DEFF Research Database (Denmark)

    Otterstedt, Margrét Sesselja; Rasmussen, Kourosh Marjani; Kulahci, Murat

    2013-01-01

    The Danish mortgage market has undergone considerable changes during the last 15 years. New and more complex variations of loan products have been introduced. Nevertheless, mortgage loan advice has remained, by large, unchanged. This paper addresses a study where a number of new refinancing rules...

  5. 9 CFR 56.7 - Mortgage against poultry or eggs.

    Science.gov (United States)

    2010-01-01

    ... 9 Animals and Animal Products 1 2010-01-01 2010-01-01 false Mortgage against poultry or eggs. 56.7... PATHOGENIC AVIAN INFLUENZA § 56.7 Mortgage against poultry or eggs. When poultry or eggs have been destroyed... mortgage as defined in this part. If the owner states there is a mortgage, the owner and each person...

  6. 12 CFR 615.5141 - Stress tests for mortgage securities.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Stress tests for mortgage securities. 615.5141... tests for mortgage securities. Mortgage securities are not eligible investments unless they pass a... cashflow and price of each mortgage security that you purchase and hold, except for adjustable rate...

  7. 78 FR 78519 - Appraisals for Higher-Priced Mortgage Loans

    Science.gov (United States)

    2013-12-26

    ... 1026 Appraisals for Higher-Priced Mortgage Loans; Final Rule #0;#0;Federal Register / Vol. 78 , No. 248... Appraisals for Higher-Priced Mortgage Loans AGENCY: Board of Governors of the Federal Reserve System (Board... for ``higher-risk mortgages.'' For certain mortgages with an annual percentage rate that exceeds the...

  8. 75 FR 35030 - Home Mortgage Disclosure Act; Notice of Hearings

    Science.gov (United States)

    2010-06-21

    ... 7100-AD51 Home Mortgage Disclosure Act; Notice of Hearings AGENCY: Board of Governors of the Federal... the Home Mortgage Disclosure Act (HMDA). HMDA requires mortgage lenders to provide detailed information about their mortgage lending activity to federal agencies and the public. Consumers, consumer...

  9. 46 CFR 67.237 - Requirements for assignments of mortgages.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Requirements for assignments of mortgages. 67.237... MEASUREMENT OF VESSELS DOCUMENTATION OF VESSELS Filing and Recording of Instruments-Mortgages, Preferred Mortgages, and Related Instruments § 67.237 Requirements for assignments of mortgages. An assignment of...

  10. 12 CFR 226.33 - Requirements for reverse mortgages.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Requirements for reverse mortgages. 226.33... RESERVE SYSTEM TRUTH IN LENDING (REGULATION Z) Special Rules for Certain Home Mortgage Transactions § 226.33 Requirements for reverse mortgages. (a) Definition. For purposes of this subpart, reverse mortgage...

  11. 46 CFR 67.243 - Requirements for instruments subordinating mortgages.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Requirements for instruments subordinating mortgages. 67... MEASUREMENT OF VESSELS DOCUMENTATION OF VESSELS Filing and Recording of Instruments-Mortgages, Preferred Mortgages, and Related Instruments § 67.243 Requirements for instruments subordinating mortgages. An...

  12. 46 CFR 356.27 - Mortgage Trustee requirements.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Mortgage Trustee requirements. 356.27 Section 356.27... Mortgage Trustees § 356.27 Mortgage Trustee requirements. (a) A lender who is not qualified under § 356.19(a)(1) through (5) to hold a Preferred Mortgage directly on a Fishing Industry Vessel may use a...

  13. 46 CFR 67.239 - Requirements for assumptions of mortgages.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Requirements for assumptions of mortgages. 67.239... MEASUREMENT OF VESSELS DOCUMENTATION OF VESSELS Filing and Recording of Instruments-Mortgages, Preferred Mortgages, and Related Instruments § 67.239 Requirements for assumptions of mortgages. An assumption of...

  14. 7 CFR 1718.54 - Availability of model mortgage.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 11 2010-01-01 2010-01-01 false Availability of model mortgage. 1718.54 Section 1718..., DEPARTMENT OF AGRICULTURE LOAN SECURITY DOCUMENTS FOR ELECTRIC BORROWERS Mortgage for Distribution Borrowers § 1718.54 Availability of model mortgage. Single copies of the model mortgage (RUS Informational...

  15. 24 CFR 401.552 - Servicing of second mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Servicing of second mortgage. 401..., DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING... second mortgage. HUD or its designee will be responsible for servicing the second mortgage, including...

  16. 17 CFR 210.12-23 - Mortgage loans on real estate and interest earned on mortgages. 1

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 2 2010-04-01 2010-04-01 false Mortgage loans on real estate... and Content of Schedules § 210.12-23 Mortgage loans on real estate and interest earned on mortgages. 1 Part 1—Mortgage loans on real estate at close of period Column A—List by classification indicated below...

  17. Effect of Watertight Subdivision on Subdivision Index for Medium Size Ro–Ro Passenger Ferries

    Directory of Open Access Journals (Sweden)

    M. Pawlowski

    2017-09-01

    Full Text Available Ro-pax vessels should fulfil the requirements of the current harmonised SOLAS Convention. The study analyses the effect of various ro-pax vessel subdivision arrangements on the subdivision index. A Polish ferry was chosen as a generic ship to perform the study. For illustration of damage survivability, the attained subdivision index A was calculated for a number of modified configurations. The arrangements included single and double sides above and below the car deck, with and without a double buoyant car deck. The conclusions of the study can be used in the design of new ro-pax vessels.

  18. Planet map generation by tetrahedral subdivision

    DEFF Research Database (Denmark)

    Mogensen, Torben Ægidius

    2010-01-01

    We present a method for generating pseudo-random, zoomable planet maps for games and art.  The method is based on spatial subdivision using tetrahedrons.  This ensures planet maps without discontinuities caused by mapping a flat map onto a sphere. We compare the method to other map...

  19. 46 CFR 179.212 - Watertight bulkheads for subdivision.

    Science.gov (United States)

    2010-10-01

    ... (UNDER 100 GROSS TONS) SUBDIVISION, DAMAGE STABILITY, AND WATERTIGHT INTEGRITY Subdivision and Damage... passengers; or (2) Is constructed of wood on or after March 11, 2001, and operates in cold water. As an...

  20. 78 FR 70856 - Information Reporting of Mortgage Insurance Premiums

    Science.gov (United States)

    2013-11-27

    ... published a notice of proposed rulemaking (REG-107271-08) cross-referencing the temporary regulations in the... residence interest. Special Analyses It has been determined that this Treasury decision is not a significant... burden in time or expense. Therefore, a Regulatory Flexibility Analysis under the Regulatory Flexibility...

  1. 38 CFR 3.1002 - Political subdivisions of United States.

    Science.gov (United States)

    2010-07-01

    ... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Political subdivisions of... Political subdivisions of United States. No part of any accrued benefits will be used to reimburse any political subdivision of the United States for expenses incurred in the last sickness or burial of any...

  2. Optimal Mortgage Refinancing: A Closed Form Solution

    Science.gov (United States)

    Agarwal, Sumit; Driscoll, John C.; Laibson, David I.

    2013-01-01

    We derive the first closed-form optimal refinancing rule: Refinance when the current mortgage interest rate falls below the original rate by at least 1ψ[ϕ+W(−exp(−ϕ))]. In this formula W(.) is the Lambert W-function, ψ=2(ρ+λ)σ,ϕ=1+ψ(ρ+λ)κ∕M(1−τ), ρ is the real discount rate, λ is the expected real rate of exogenous mortgage repayment, σ is the standard deviation of the mortgage rate, κ/M is the ratio of the tax-adjusted refinancing cost and the remaining mortgage value, and τ is the marginal tax rate. This expression is derived by solving a tractable class of refinancing problems. Our quantitative results closely match those reported by researchers using numerical methods. PMID:25843977

  3. Life insurance

    OpenAIRE

    Černá, Lenka

    2009-01-01

    Bachelor's thesis deals with the life insurance market in the Czech Republic. I compared the different insurance products life insurance among themselves. And these products is the formula published in the scientific literature.

  4. 26 CFR 1.103A-2 - Qualified mortgage bond.

    Science.gov (United States)

    2010-04-01

    ... qualified mortgage bonds, the issuer's market limitation as of the date of issue (as defined in § 6a.103A-2... State and local governments are expected to use their authority to issue qualified mortgage bonds and... 26 Internal Revenue 2 2010-04-01 2010-04-01 false Qualified mortgage bond. 1.103A-2 Section 1.103A...

  5. 12 CFR 226.39 - Mortgage transfer disclosures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Mortgage transfer disclosures. 226.39 Section... SYSTEM TRUTH IN LENDING (REGULATION Z) Special Rules for Certain Home Mortgage Transactions § 226.39 Mortgage transfer disclosures. (a) Scope. The disclosure requirements of this section apply to any covered...

  6. 77 FR 54721 - Appraisals for Higher-Risk Mortgage Loans

    Science.gov (United States)

    2012-09-05

    ... Part 1222 Appraisals for Higher-Risk Mortgage Loans; Proposed Rule #0;#0;Federal Register / Vol. 77... Part 1222 RIN 2590-AA58 Appraisals for Higher-Risk Mortgage Loans AGENCIES: Board of Governors of the... TILA provision requiring appraisals for ``higher-risk mortgages'' that was added to TILA as part of the...

  7. 77 FR 39222 - Consumer Use of Reverse Mortgages

    Science.gov (United States)

    2012-07-02

    ... PROTECTION Consumer Use of Reverse Mortgages AGENCY: Bureau of Consumer Financial Protection. ACTION: Notice... Bureau) to conduct a study on reverse mortgage transactions.\\1\\ The Bureau published this study in a June... implement regulations on reverse mortgage transactions. Specifically, the Bureau has authority to implement...

  8. 78 FR 10367 - Appraisals for Higher-Priced Mortgage Loans

    Science.gov (United States)

    2013-02-13

    ... Part 1222 Appraisals for Higher-Priced Mortgage Loans; Final Rule #0;#0;Federal Register / Vol. 78, No... Part 1222 RIN 2590-AA58 Appraisals for Higher-Priced Mortgage Loans AGENCY: Board of Governors of the... requiring appraisals for ``higher-risk mortgages'' that was added to TILA by the Dodd-Frank Wall Street...

  9. 26 CFR 20.2053-7 - Deduction for unpaid mortgages.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 14 2010-04-01 2010-04-01 false Deduction for unpaid mortgages. 20.2053-7... Deduction for unpaid mortgages. A deduction is allowed from a decedent's gross estate of the full unpaid amount of a mortgage upon, or of any other indebtedness in respect of, any property of the gross estate...

  10. 7 CFR 3550.69 - Deferred mortgage payments.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 15 2010-01-01 2010-01-01 false Deferred mortgage payments. 3550.69 Section 3550.69... AGRICULTURE DIRECT SINGLE FAMILY HOUSING LOANS AND GRANTS Section 502 Origination § 3550.69 Deferred mortgage... is reviewed annually. Deferred mortgage payments are subject to recapture when the borrower transfers...

  11. 76 FR 78465 - Home Mortgage Disclosure (Regulation C)

    Science.gov (United States)

    2011-12-19

    ... Part 1003 RIN 3170-AA06 Home Mortgage Disclosure (Regulation C) AGENCY: Bureau of Consumer Financial... Board of Governors of the Federal Reserve System's (Board's) rulemaking authority for the Home Mortgage... establishing a new Regulation C (Home Mortgage Disclosure). This interim final rule does not impose any new...

  12. 24 CFR 401.461 - HUD-held second mortgage.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false HUD-held second mortgage. 401.461... HOUSING AND URBAN DEVELOPMENT MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE RESTRUCTURING PROGRAM (MARK-TO-MARKET) Restructuring Plan § 401.461 HUD-held second mortgage. (a) Amount. (1) The...

  13. Financial Literacy and the Use of Interest-Only Mortgages

    Science.gov (United States)

    Seay, Martin C.; Preece, Gloria L.; Le, Vincent C.

    2017-01-01

    This study explored the relationship between financial literacy and the use of interest-only mortgages using data from the 2009 National Financial Capability Study (NFCS). A series of analyses were conducted to investigate characteristics associated with the use of an interest-only mortgage as a primary mortgage, as compared to fixed-rate mortgage…

  14. 77 FR 8721 - Home Mortgage Disclosure (Regulation C)

    Science.gov (United States)

    2012-02-15

    ... PROTECTION 12 CFR Part 1003 RIN 3170-AA06 Home Mortgage Disclosure (Regulation C) AGENCY: Bureau of Consumer... requirements of Regulation C (Home Mortgage Disclosure) to reflect a change in the asset-size exemption..., Office of Regulations, at (202) 435-7700. SUPPLEMENTARY INFORMATION: The Home Mortgage Disclosure Act of...

  15. 24 CFR 3500.21 - Mortgage servicing transfers.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 5 2010-04-01 2010-04-01 false Mortgage servicing transfers. 3500... HOUSING AND URBAN DEVELOPMENT REAL ESTATE SETTLEMENT PROCEDURES ACT § 3500.21 Mortgage servicing transfers... servicing, which may actually perform the servicing itself or may do so through a subservicer. Mortgage...

  16. 77 FR 70105 - Delayed Implementation of Certain New Mortgage Disclosures

    Science.gov (United States)

    2012-11-23

    ... PROTECTION 12 CFR Part 1026 RIN 3170-AA32 Delayed Implementation of Certain New Mortgage Disclosures AGENCY..., delay implementation of certain new mortgage disclosure requirements in title XIV of the Dodd-Frank Wall... implement these disclosures as part of the integrated mortgage disclosure forms proposed earlier this year...

  17. 45 CFR 1309.42 - Audit of mortgage.

    Science.gov (United States)

    2010-10-01

    ... 45 Public Welfare 4 2010-10-01 2010-10-01 false Audit of mortgage. 1309.42 Section 1309.42 Public... § 1309.42 Audit of mortgage. Any audit of a grantee, which has acquired or made major renovations to a facility with grant funds, shall include an audit of any mortgage or encumbrance on the facility...

  18. 75 FR 41876 - Disclosure of Adjustable Rate Mortgages (ARMs) Rates

    Science.gov (United States)

    2010-07-19

    ... URBAN DEVELOPMENT Disclosure of Adjustable Rate Mortgages (ARMs) Rates AGENCY: Office of the Chief... mortgage amount. DATES: Comments Due Date: August 18, 2010. ADDRESSES: Interested persons are invited to... lists the following information: Title of Proposal: Disclosure of Adjustable Rate Mortgages (ARMs) Rates...

  19. 76 FR 43826 - Mortgage Acts and Practices-Advertising

    Science.gov (United States)

    2011-07-22

    ... advertising and marketing laws. In addition to the FTC Act, mortgage advertisers and marketers are subject to... CFR Part 321 Mortgage Acts and Practices--Advertising AGENCY: Federal Trade Commission (FTC or... to unfair or deceptive acts and practices that may occur with regard to mortgage advertising. This...

  20. 29 CFR 541.103 - Department or subdivision.

    Science.gov (United States)

    2010-07-01

    ... example, a large employer's human resources department might have subdivisions for labor relations, pensions and other benefits, equal employment opportunity, and personnel management, each of which has a...

  1. Mortgage Finance and Security of Collateral

    DEFF Research Database (Denmark)

    Haldrup, Karin

    2011-01-01

    Developing economies face a gigantic lack of financing for urbanization due to the absence of formal and transparent property markets. The paper discuss the interference between mortgage finance and collateral security by using the Danish mortgage financing model as an example, because of its 200...... years long history, and because the system is recommended as an option in emerging markets and as a possible model for remedying failures in mature housing finance markets. It is suggested that development policies in land administration need to be revised in order to support a widening of credit...

  2. Mortgage Risk and the Yield Curve

    DEFF Research Database (Denmark)

    Malkhozov, Aytek; Mueller, Philippe; Vedolin, Andrea

    2016-01-01

    We study feedback from the risk of outstanding mortgage-backed securities (MBS) on the level and volatility of interest rates. We incorporate supply shocks resulting from changes in MBS duration into a parsimonious equilibrium dynamic term structure model and derive three predictions that are str......We study feedback from the risk of outstanding mortgage-backed securities (MBS) on the level and volatility of interest rates. We incorporate supply shocks resulting from changes in MBS duration into a parsimonious equilibrium dynamic term structure model and derive three predictions...

  3. Financial literacy, present bias and alternative mortgage products

    OpenAIRE

    Gathergood, John; Weber, Jörg

    2017-01-01

    Choosing a mortgage is one of the most important financial decisions made by a household. Financial innovation has given rise to more complex mortgage products with back-loaded payments, known as ‘Alternative Mortgage Products’ (AMPs), or ‘Interest-Only Mortgages’. Using a specially designed question module in a representative survey of UK mortgage holders, we investigate the effect of consumer financial sophistication on the decision to choose an AMP instead of a standard repayment m...

  4. Commercial mortgages: An underutilized channel for scaling energy efficiency investments?

    Energy Technology Data Exchange (ETDEWEB)

    Mathew, Paul; Wallace, Nancy; Alschuler, Elena; Kolstad, Leonard

    2016-02-01

    Commercial mortgages currently do not fully account for energy factors in underwriting and valuation, particularly as it relates to the impact of energy costs and volatility on an owner’s net operating income. As a consequence, energy efficiency is not properly valued and energy risks are not properly assessed and mitigated. Commercial mortgages are a large lever and could be a significant channel for scaling energy efficiency investments. A pilot analysis of loans with different mortgage contract structures and locations showed that when energy cost volatility was included in mortgage valuation, a 20% reduction in energy use resulted in a 1.3% average increase in mortgage value. This suggests that the explicit inclusion of energy use and volatility in mortgage valuation can send a strong price signal that financially rewards and values energy efficiency in commercial properties. This paper presents findings from a scoping study addressing energy factors in commercial mortgages. First, we present a review of current practices as it relates to incorporating energy factors into commercial mortgage underwriting and valuation. Next, we detail the impacts of energy factors on property values, net operating income and mortgage valuation. Building operational practices alone can result in energy use variations from -17% to 87%. Finally, we present a set of proposed interventions to properly address energy factors in commercial mortgages, based on extensive discussions with stakeholders including mortgage originators, underwriters, building owners and regulators.

  5. Health Insurance

    Science.gov (United States)

    Health insurance helps protect you from high medical care costs. It is a contract between you and ... Many people in the United States get a health insurance policy through their employers. In most cases, ...

  6. Mortgage Risk and the Yield Curve

    DEFF Research Database (Denmark)

    Malkhozov, Aytek; Mueller, Philippe; Vedolin, Andrea

    2016-01-01

    We study feedback from the risk of outstanding mortgage-backed securities (MBS) on the level and volatility of interest rates. We incorporate supply shocks resulting from changes in MBS duration into a parsimonious equilibrium dynamic term structure model and derive three predictions that are str...

  7. Classification System for Mortgage Arrear Management

    NARCIS (Netherlands)

    Sun, Zhe; Wiering, Marco; Petkov, Nicolai

    2014-01-01

    Due to the economic recession in the recent years, more and more mortgage customers default on the payments. This brings tremendous losses to banks and forces their arrear management departments to develop more efficient processes. In this paper, we propose a classification system to predict the

  8. 75 FR 75091 - Mortgage Assistance Relief Services

    Science.gov (United States)

    2010-12-01

    ... advertised and marketed widely in mass media and online, with the result that consumers may be more aware of... demand to work for loan modification companies. One MARS advertised for consultants with mortgage and... initiate contact with prospective customers through Internet, radio, television, or direct mail advertising...

  9. 75 FR 22418 - FHA TOTAL Mortgage Scorecard

    Science.gov (United States)

    2010-04-28

    ... URBAN DEVELOPMENT FHA TOTAL Mortgage Scorecard AGENCY: Office of the Chief Information Officer, HUD... samples at FHA's request, and appeals in writing for loss of privilege to use the scorecard. DATES... information technology, e.g., permitting electronic submission of responses. This notice also lists the...

  10. 20 CFR 404.1219 - Dissolution of political subdivision.

    Science.gov (United States)

    2010-04-01

    ... 20 Employees' Benefits 2 2010-04-01 2010-04-01 false Dissolution of political subdivision. 404... Agreements Is Obtained and Continues § 404.1219 Dissolution of political subdivision. If a political... satisfactory evidence of its dissolution or nonexistence. The evidence must establish that the entity is not...

  11. Orienting the Neighborhood: A Subdivision Energy Analysis Tool; Preprint

    Energy Technology Data Exchange (ETDEWEB)

    Christensen, C.; Horowitz, S.

    2008-07-01

    This paper describes a new computerized Subdivision Energy Analysis Tool being developed to allow users to interactively design subdivision street layouts while receiving feedback about energy impacts based on user-specified building design variants and availability of roof surfaces for photovoltaic and solar water heating systems.

  12. Probabilistic Insurance

    NARCIS (Netherlands)

    P.P. Wakker (Peter); R.H. Thaler (Richard); A. Tversky (Amos)

    1997-01-01

    textabstractProbabilistic insurance is an insurance policy involving a small probability that the consumer will not be reimbursed. Survey data suggest that people dislike probabilistic insurance and demand more than a 20% reduction in the premium to compensate for a 1% default risk. While these

  13. Probabilistic Insurance

    NARCIS (Netherlands)

    Wakker, P.P.; Thaler, R.H.; Tversky, A.

    1997-01-01

    Probabilistic insurance is an insurance policy involving a small probability that the consumer will not be reimbursed. Survey data suggest that people dislike probabilistic insurance and demand more than a 20% reduction in premium to compensate for a 1% default risk. These observations cannot be

  14. 76 FR 53931 - Consolidated Redelegation of Authority for the Government National Mortgage Association

    Science.gov (United States)

    2011-08-30

    ... URBAN DEVELOPMENT Consolidated Redelegation of Authority for the Government National Mortgage Association AGENCY: Government National Mortgage Association, HUD. ACTION: Notice of Delegation of Authority... Government National Mortgage Association (GNMA) to the Executive Vice President and other subordinate...

  15. Key Technical Aspects Influencing the Accuracy of Tablet Subdivision.

    Science.gov (United States)

    Teixeira, Maíra T; Sá-Barreto, Lívia C L; Gratieri, Taís; Gelfuso, Guilherme M; Silva, Izabel C R; Cunha-Filho, Marcílio S S

    2017-05-01

    Tablet subdivision is a common practice used mainly for dose adjustment. The aim of this study was to investigate how the technical aspects of production as well as the method of tablets subdivision (employing a tablet splitter or a kitchen knife) influence the accuracy of this practice. Five drugs commonly used as subdivided tablets were selected. For each drug, the innovator drug product, a scored-generic and a non-scored generic were investigated totalizing fifteen drug products. Mechanical and physical tests, including image analysis, were performed. Additionally, comparisons were made between tablet subdivision method, score, shape, diluent composition and coating. Image analysis based on surface area was a useful tool as an alternative assay to evaluate the accuracy of tablet subdivision. The tablet splitter demonstrates an advantage relative to a knife as it showed better results in weight loss and friability tests. Oblong, coated and scored tablets had better results after subdivision than round, uncoated and non-scored tablets. The presence of elastic diluents such as starch and dibasic phosphate dehydrate conferred a more appropriate behaviour for the subdivision process than plastic materials such as microcrystalline cellulose and lactose. Finally, differences were observed between generics and their innovator products in all selected drugs with regard the quality control assays in divided tablet, which highlights the necessity of health regulations to consider subdivision performance at least in marketing authorization of generic products.

  16. Secondary Market Products in the Mortgage System and Global Practices

    Directory of Open Access Journals (Sweden)

    Erhan Eroğlu

    2010-12-01

    Full Text Available In general terms, the mortgage market has two faces, the primary and the secondary markets. The primary market covers housing mortgage loans. On the other side of the mechanism, these loans are securitized and issued in financial markets with different form of securities in secondary markets. The common name of these instruments is “mortgage backed securities - MBS”. A mortgage backed security is a financial instrument issued in capital markets for investors, derived from either backed by the cash flow of the housing loan repayments (which is called pay-through or backed by directly selling the mortgage pools to the MBS issuers (which is called passthrough. The most trading secondary mortgage market instruments and world practices are explained in this article.

  17. SIA matrices and non-negative stationary subdivision

    OpenAIRE

    Li, Xianjun

    2012-01-01

    This dissertation is concerned with SIA matrices and non-negative stationary subdivision, and is organized as follows: After an introducing chapter where some basic notation is given we describe, in Chapter 3, how non-negative subdivision is connected to a corresponding non-homogenous Markov process. The family of matrices A, built from the mask of the subdivision scheme, is introduced. Among other results, Lemma 3.1 and Lemma 3.2 relate the coefficients of the iterated masks to matrix produc...

  18. Dissaving of the Past via Reverse Mortgages

    Directory of Open Access Journals (Sweden)

    Ana Luiza Champloni

    Full Text Available We build a simple two-period general equilibrium model with incomplete markets which incorporates reverse market mortgages without appealing to the complicated framework required by the infinite horizon models. Two types of agents are considered: elderly agents and investors. The former are owners of physical assets (for instance housing who will want to sell them to investors. For that end the elderly agents, who are assumed to not have any bequest motive, issue claims against physical assets they own. One of the claims issued will be interpreted as reverse mortgage (loan for seniors and the other one as a call option written on the value of housing equity. By assuming that both the elderly agents and the investors are price takers, and by applying the generalized game approach, we show that the equilibrium in this economy always exists, providing the usual conditions on utilities and initial endowments are satisfied. We end with a remark on efficiency of the quilibrium.

  19. Experienced discrimination in home mortgage lending

    DEFF Research Database (Denmark)

    Secchi, Davide; Seri, Raffaello

    2017-01-01

    the applicant’s nationality is considered. In addition to its findings, the study (a) provides an original econometric model on a two-step procedure to test perceived discrimination and (b) suggests a method and approach that may constitute a point of reference for those willing to study perceived......This article proposes a framework for the analysis of experienced discrimination in home mortgages. It addresses the problem of home mortgage lending discrimination in one of the richest areas of northern Italy. Employees of a local hospital were interviewed to study their perception (or experience......) of discriminatory behavior related to home financing. The analysis follows two steps. The first evaluates self-selection (the probability that individuals apply) and the second focuses on the likelihood that applications are accepted by the bank. Findings show that discrimination is likely to appear when...

  20. Deficiency Judgments as a Mortgage Pricing Factor

    Directory of Open Access Journals (Sweden)

    Pruszkowski Tomasz

    2017-06-01

    Full Text Available The subject of the deficiency judgments has been poorly examined due to a lack of relevant data and the complexity of the issue. Some comprehensive studies have explored whether allowing deficiency judgments decreases the likelihood of strategic defaults in the U. S. mortgage market. Little, however, has been done to determine whether there is any direct correlation between legal standing allowing recourse and loan pricing. Hence, additional work regarding this subject is needed.

  1. Rainbow game domination subdivision number of a graph

    Directory of Open Access Journals (Sweden)

    J. Amjadi

    2014-09-01

    Full Text Available The rainbow game domination subdivision number of a graph G is defined by the following game. Two players D and A, D playing first, alternately mark or subdivide an edge of G which is not yet marked nor subdivided. The game ends when all the edges of G are marked or subdivided and results in a new graph G'. . The purpose of D is to minimize the 2-rainbow dominating number \\gamma_{r2}(G' of G' while A tries to maximize it. If both A and D play according to their optimal strategies,\\gamma_{r2}(G' is well defined. We call this number the rainbow game domination subdivision number of G and denote it by \\gamma_{r2}(G' . In this paper we initiate the study of the rainbow game domination subdivision number of a graph and present sharp bounds on the rainbow game domination subdivision number of a tree.

  2. Celestial Walk: A Terminating Oblivious Walk for Convex Subdivisions

    OpenAIRE

    Kuijper, Wouter; Ermolaev, Victor; Devillers, Olivier

    2017-01-01

    We present a new oblivious walking strategy for convex subdivisions. Our walk is faster than the straight walk and more generally applicable than the visibility walk. To prove termination of our walk we use a novel monotonically decreasing distance measure.

  3. ORTHODONTIC TREATMENT ALTERNATIVE TO A CLASS III SUBDIVISION MALOCCLUSION

    Science.gov (United States)

    Janson, Guilherme; de Souza, José Eduardo Prado; Barros, Sérgio Estelita Cavalcante; Andrade, Pedro; Nakamura, Alexandre Yudi

    2009-01-01

    Class III malocclusions are considered one of the most complex and difficult orthodontic problems to diagnose and treat. Skeletal and/or dental asymmetries in patients presenting with Class III malocclusions can worsen the prognosis. Recognizing the dentoalveolar and skeletal characteristics of subdivision malocclusions and their treatment possibilities is essential for a favorable nonsurgical correction. Therefore, this article presents a nonsurgical asymmetric extraction approach to Class III subdivision malocclusion treatment which can significantly improve the occlusal and facial discrepancies. PMID:19668997

  4. 78 FR 25184 - Federal Housing Administration (FHA): Section 232 Healthcare Facility Insurance Program...

    Science.gov (United States)

    2013-04-30

    ... today's economy as the need for residential care facilities has increased and requests to FHA to provide... mortgage loans to facilitate the construction, substantial rehabilitation, purchase, and refinancing of... parties involved in upcoming financing or refinancing of a loan to be insured under Section 232 advised...

  5. Mortgages and Credit Cycle Divergence in Eurozone Economies

    NARCIS (Netherlands)

    Samarina, Anna; Zhang, Lu; Bezemer, Dirk

    2015-01-01

    The dynamics of household mortgage credit and loans to non-financial busi- ness have diverged significantly in recent decades. In this paper we construct and describe credit cycles for total bank credit, household mortgages and non- financial business loans for 14 EMU economies over 1990–2013. We

  6. 7 CFR 3565.305 - Mortgage and closing requirements.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 15 2010-01-01 2010-01-01 false Mortgage and closing requirements. 3565.305 Section 3565.305 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE GUARANTEED RURAL RENTAL HOUSING PROGRAM Processing Requirements § 3565.305 Mortgage...

  7. 9 CFR 53.9 - Mortgage against animals or materials.

    Science.gov (United States)

    2010-01-01

    ... 9 Animals and Animal Products 1 2010-01-01 2010-01-01 false Mortgage against animals or materials. 53.9 Section 53.9 Animals and Animal Products ANIMAL AND PLANT HEALTH INSPECTION SERVICE, DEPARTMENT....9 Mortgage against animals or materials. When animals or materials have been destroyed pursuant to...

  8. 9 CFR 55.6 - Mortgage against animals.

    Science.gov (United States)

    2010-01-01

    ... 9 Animals and Animal Products 1 2010-01-01 2010-01-01 false Mortgage against animals. 55.6 Section 55.6 Animals and Animal Products ANIMAL AND PLANT HEALTH INSPECTION SERVICE, DEPARTMENT OF... DISEASE Chronic Wasting Disease Indemnification Program § 55.6 Mortgage against animals. When cervids have...

  9. The Informal Sector and Mortgage Financing in Ghana

    African Journals Online (AJOL)

    The increasing cost of building materials coupled with other challenges hinder the ability and desire of people to own ... These notwithstanding, the need for innovative mortgages for the informal sector cannot be overemphasised ... development, property transfer taxes, contribute to limit the demand for mortgage money and ...

  10. Transforming the Mortgage System and Challenging the Zombie Economy

    DEFF Research Database (Denmark)

    Wood, James

    2016-01-01

    By developing stable mortgage finance institutions that do not require government bailouts we can break the “doom loop” between the financial sector and the British state.......By developing stable mortgage finance institutions that do not require government bailouts we can break the “doom loop” between the financial sector and the British state....

  11. 76 FR 78130 - Mortgage Acts and Practices-Advertising (Regulation N); Mortgage Assistance Relief Services...

    Science.gov (United States)

    2011-12-16

    ..., radio, television, cable television, brochure, newspaper, magazine, pamphlet, leaflet, circular, mailer..., newspaper, magazine, pamphlet, leaflet, circular, mailer, book insert, free standing insert, letter... PROTECTION 12 CFR Parts 1014 and 1015 RIN 3170-AA06 Mortgage Acts and Practices--Advertising (Regulation N...

  12. 76 FR 55300 - Companies Engaged in the Business of Acquiring Mortgages and Mortgage-Related Instruments

    Science.gov (United States)

    2011-09-07

    ...-related pools list and trade their securities on a national securities exchange and, like other public...\\ Other mortgage-related pools do not list and trade their securities on a national securities exchange... hedge fund dressed up as a real estate investment trust''). See also Nathan Vardi, High- Profile...

  13. ANALYSIS OF MORTGAGE LENDING IN BANKS IN UKRAINE

    Directory of Open Access Journals (Sweden)

    Violetta Kharabara

    2017-11-01

    Full Text Available The purpose is a mortgage market that occupies one of the major places among the financial mechanisms of economic stimulation and stable development of the economy. The mortgage market occupies one of the main places of financial mechanisms and economic incentives for the sustainable economic development. Mortgage lending covers the provision of long-term bank loans for the purchase, construction of residential real estate, as well as for repairs or to develop their own small businesses, where the collateral for such loans is real estate. Distinctive features of mortgages include: mortgages, like any collateral, in fact, is a way to ensure proper implementation of the other (main liabilities – loan or credit agreement, lease, contract, compensation, etc.; the subject of a mortgage is always real estate. Real estate includes land plots and everything that is firmly associated with them: buildings, perennial plants, etc.; mortgaged property remains in the possession of the debtor; the agreement between the creditor and the debtor on the establishment of a mortgage is formalized by a special document – the mortgage, which is also subject to state registration. The mortgage crediting is the method of accumulation of financial resources, effective instrument of bank activity, and an important factor in economic development of the country on the whole. Research results are market of the real estate and financial services development, to the revival of fund market, here the mortgage crediting is capable not only of activating reforms in industries of the economy but also gradually providing the decision of housing problems of the population. Practical consequences consist in the solution of problems that are related to the market for mortgage services of Ukraine’s development from 2006 to 2016. Value/originality. Analysis of the mortgage market in Ukraine shows that in recent years, its scope, dynamics, and trends do not meet the needs of either

  14. On Security of Collateral in Danish Mortgage Finance

    DEFF Research Database (Denmark)

    Haldrup, Karin

    2017-01-01

    on the balance principle that assigns risks and responsibility to market players in a self-disciplinary manner and protected the mortgage banks against cash flow mismatches even during deep crisis, as history attests. It is shown how property registers and effective enforcement have created transparent property......Specialized mortgage intermediaries in Denmark have for over two hundred years provided owners and buyers of real property wide access to credit. The present paper sets out to explore the safeguards that nurtured development of a robust, market based financing system and a deep mortgage market....... Observations are made on the nature of collateral performance in respect to property rights, mortgage law and market development in search of general features of required institutional arrangements. The robustness of the Danish mortgage finance system is largely accredited to the securitization model based...

  15. 12 CFR 201.109 - Eligibility for discount of mortgage company notes.

    Science.gov (United States)

    2010-01-01

    ... material element in mortgage banking operations. Mortgage loans would not therefore seem to be within the... inventory of mortgage loans pending their “packaging” for sale to permanent investors that are usually... finance such temporary “warehousing” of real estate mortgage loans are notes issued for an industrial or...

  16. 75 FR 60352 - Notice of Proposed Rulemaking: Mortgage Acts and Practices - Advertising Rule

    Science.gov (United States)

    2010-09-30

    ... CFR Part 321 Notice of Proposed Rulemaking: Mortgage Acts and Practices - Advertising Rule AGENCY... occur with regard to mortgage advertising, the Mortgage Acts and Practices (MAP) - Advertising Rule... may occur throughout the life- cycle of a mortgage loan,\\18\\ i.e., in the advertising and marketing of...

  17. Divided Spheres Geodesics and the Orderly Subdivision of the Sphere

    CERN Document Server

    Popko, Edward S

    2012-01-01

    This well-illustrated book-in color throughout-presents a thorough introduction to the mathematics of Buckminster Fuller's invention of the geodesic dome, which paved the way for a flood of practical applications as diverse as weather forecasting and fish farms. The author explains the principles of spherical design and the three main categories of subdivision based on geometric solids (polyhedra). He illustrates how basic and advanced CAD techniques apply to spherical subdivision and covers modern applications in product design, engineering, science, games, and sports balls.

  18. Prepayment and the Valuation of Danish Mortgage-Backed Bonds

    DEFF Research Database (Denmark)

    Jakobsen, Svend

    Ph.D. thesis on prepayment modelling and valuation of Danish mortgage backed bonds. The thesis discusses several aspects of mortgage backed bonds including after-tax valuation, the special Danish delivery option, rational prepayment behavior, transaction costs and heterogenous borrowers. The thesis...... proposes a so-called required gain model with heterogenous borrowers, who differ with respect to the present value gain required for prepayment. The thesis shows how to perform arbitrage-free valuation of mortgage-backed bonds using a prepayment function estimated from Danish prepayment data. The thesis...

  19. Requirements for intermediaries and advisors in the area of mortgages resulting from Mortgage Credit Directive – implications for Poland

    Directory of Open Access Journals (Sweden)

    Krzysztof Waliszewski

    2015-10-01

    Full Text Available The dynamic development of the mortgage market, especially in the period before the current financial crisis, revealed that within the EU there are local mortgage credit markets and that it is necessary to harmonize the rules of the system and consumer protection within the Community. The intention of the creators of the Mortgage Credit Directive was to organize the mortgage lending market for residential purposes and make it transparent, as well as increase the safety of the consumer credit market, along the lines of what took place earlier in the consumer credit market regulations (The Consumer Credit Directives no. 2008/48/EC and earlier no. 87/102/EEC. The Mortgage Credit Directive implies for lenders - credit institutions to act at every stage of the lending process with respect to the consumer’s interest and to provide them with adequate services for their needs. Due to the large role of indirect distribution channels of mortgages by banks there are certain requirements for intermediaries, brokers and credit advisors. The implementation term of the Directive, appointed for March 2016, implies action to be taken in order to implement the provisions of this Directive into Polish law. The legislative process is being conducted by the Ministry of Finance and supported by the Group on implementation of the Mortgage Credit Directive operating with the Council of Financial Market Development.

  20. Determining Energy Use Volatility for Commercial Mortgage Valuation

    Energy Technology Data Exchange (ETDEWEB)

    Mathew, Paul [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Pang, XiuFeng [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Wang, Liping [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2012-06-01

    Commercial mortgage contracts currently do not fully account for the risks inherent in the level and volatility of energy use in commercial buildings. As a result, energy efficiency is not explicitly included in the valuation process for commercial mortgage underwriting. In particular, there is limited if any consideration of the volatility of energy use and price, which is critical to evaluate the impact of extreme events and default risk. Explicit inclusion of energy use and volatility in commercial mortgage underwriting can send a strong “price signal” that financially rewards and values energy efficiency in commercial properties. This report presents the results of a technical analysis of and a proposed protocol to assess energy use volatility for the purposes of commercial mortgage valuation.

  1. Transportation credit mortgages, spatial sorting, and housing supply : who benefits?

    Science.gov (United States)

    2007-01-01

    Transportation credit mortgage (TCM) programs are intended to reduce auto use, decrease sprawl, and increase housing options for low- and moderate-income households. The centerpiece of such programs is a credit to income for expected savings on auto ...

  2. Homebuilders, affiliated financing arms, and the mortgage crisis

    National Research Council Canada - National Science Library

    Agarwal, Sumit; Amromin, Gene; Gartenberg, Claudine; Paulson, Anna; Villupuram, Sriram

    2014-01-01

    ... mortgages issued by unaffiliated financial institutions. The findings indicate that homebuilder financing affiliates do make loans to observably riskier borrowers, as one might expect from the literature, and that a greater share of homebuilder loans...

  3. Roman game domination subdivision number of a graph

    Directory of Open Access Journals (Sweden)

    Jafar Amjadi

    2013-12-01

    Full Text Available A {em Roman dominating function} on a graph $G = (V ,E$ is a function $f : Vlongrightarrow {0, 1, 2}$ satisfying the condition that every vertex $v$ for which $f (v = 0$ is adjacent to at least one vertex $u$ for which $f (u = 2$. The {em weight} of a Roman dominating function is the value $w(f=sum_{vin V}f(v$. The Roman domination number of a graph $G$, denoted by $gamma_R(G$, equals the minimum weight of a Roman dominating function on G. The Roman game domination subdivision number of a graph $G$ is defined by the following game. Two players $mathcal D$ and $mathcal A$, $mathcal D$ playing first, alternately mark or subdivide an edge of $G$ which is not yet marked nor subdivided. The game ends when all the edges of $G$ are marked or subdivided and results in a new graph $G'$. The purpose of $mathcal D$ is to minimize the Roman dominating number $gamma_R(G'$ of $G'$ while $mathcal A$ tries to maximize it. If both $mathcal A$ and $mathcal D$ play according to their optimal strategies, $gamma_R(G'$ is well defined. We call this number the {em Roman game domination subdivision number} of $G$ and denote it by $gamma_{Rgs}(G$. In this paper we initiate the study of the Roman game domination subdivision number of a graph and present sharp bounds on the Roman game domination subdivision number of a tree.

  4. Convexity preservation of the four-point interpolatory subdivision scheme

    NARCIS (Netherlands)

    Dyn, Nira; Kuijt, F.; Levin, David; van Damme, Rudolf M.J.

    1998-01-01

    In this note we examine the convexity preserving properties of the (linear) four-point interpolatory subdivision scheme of Dyn, Gregory and Levin when applied to functional univariate strictly-convex data. Conditions on the tension parameter guaranteeing preservation of convexity are derived. These

  5. 24 CFR 1710.215 - Subdivision characteristics and climate.

    Science.gov (United States)

    2010-04-01

    ... HOUSING AND URBAN DEVELOPMENT (INTERSTATE LAND SALES REGISTRATION PROGRAM) LAND REGISTRATION Reporting... 24 Housing and Urban Development 5 2010-04-01 2010-04-01 false Subdivision characteristics and climate. 1710.215 Section 1710.215 Housing and Urban Development Regulations Relating to Housing and Urban...

  6. A Critical Analysis of Football Bowl Subdivision Coaching Contract Components

    Science.gov (United States)

    Nichols, Justin Keith

    2012-01-01

    This exploratory study is designed to inventory and analyze contract components used by Football Bowl Subdivision (FBS) institutions in the National Collegiate Athletic Association (NCAA) to further contribute to the body research. The FBS is comprised of 120 institutions and 94 of those institutions submitted contracts to "USA Today"…

  7. 29 CFR 1975.5 - States and political subdivisions thereof.

    Science.gov (United States)

    2010-07-01

    ... subdivisions of a State: (5) The term “employer” means a person engaged in a business affecting commerce who..., not subject to the Act as an employer. (c) Factors for meeting the tests. Various factors will be... of these factors are: Are the individuals who administer the entity appointed by a public official or...

  8. 24 CFR 1710.115 - Subdivision characteristics and climate.

    Science.gov (United States)

    2010-04-01

    ..., ditches, outlet channels, waterway stabilizers and sediment control basins.) (f) Nuisances. Are there any... purchaser is responsible, what are the estimated costs? (d) Flood plain. Is the subdivision located within a flood plain or an area designated by any Federal, State or local agency as being flood prone? What lots...

  9. Oversizing of the subprime mortgage market as the main cause of its fall

    Directory of Open Access Journals (Sweden)

    Živkov Dejan

    2012-01-01

    Full Text Available The U.S. subprime mortgage crisis was one of the first indicators of the great financial crisis that escalated in late 2008. The law deregulation and human greed are considered to be the main causes of the crisis. However, some recent analyses have shown one more cause of the mortgage crisis, that seems to be crucial - oversizing of the subprime mortgage market. Due to the fact that the subprime mortgage market depends on the prime mortgage market, in an attempt to provide its stability and sustainable growth, some kind of the ratio between the number of subprime and the prime mortgages must have been taken into the consideration.

  10. 17 CFR 270.3a-6 - Foreign banks and foreign insurance companies.

    Science.gov (United States)

    2010-04-01

    ... the Act; (ii) The term foreign bank shall also include: (A) A trust company or loan company that is...) Regulated as a trust company or a loan company by that country's or subdivision's government or any agency... “foreign insurance company” a separate account or other pool of assets organized in the form of a trust or...

  11. Crop-insurance

    NARCIS (Netherlands)

    Wijk, van der S.

    1945-01-01

    Crop insurance was fairly new in the Netherlands but there was no legal objection or limitation to particular crops. If a crop were insured, it was important that the whole area of the crop were insured. Speculative insurance seemed preferable to mutual insurance.

    Crop insurance covered all risks

  12. Crop insurance: Risks and models of insurance

    Directory of Open Access Journals (Sweden)

    Čolović Vladimir

    2014-01-01

    Full Text Available The issue of crop protection is very important because of a variety of risks that could cause difficult consequences. One type of risk protection is insurance. The author in the paper states various models of insurance in some EU countries and the systems of subsidizing of insurance premiums by state. The author also gives a picture of crop insurance in the U.S., noting that in this country pays great attention to this matter. As for crop insurance in Serbia, it is not at a high level. The main problem with crop insurance is not only the risks but also the way of protection through insurance. The basic question that arises not only in the EU is the question is who will insure and protect crops. There are three possibilities: insurance companies under state control, insurance companies that are public-private partnerships or private insurance companies on a purely commercial basis.

  13. HEALTH INSURANCE

    CERN Multimedia

    2000-01-01

    The CERN-AUSTRIA Agreement, which implemented CERN's health insurance scheme, expired on 31 December 1999.In accordance with CERN's rules, a call for tenders for the management of the health insurance scheme was issued and the contract was once again awarded to AUSTRIA. In June 1999, the Finance Committee thus authorised the Management to conclude a new contract with AUSTRIA, which came into force on 1st January 2000.Continuity is thus assured on favourable conditions and the transition from one contract to the other will entail no substantial changes in the system for those insured at CERN except for a few minor and purely formal amendmentsWHAT REMAINS UNCHANGEDThe list of benefits, i.e. the 'cover' provided by the system, is not changed;Neither is the reimbursement procedure.AUSTRIA's office at CERN and its opening hours as well as its city headquarters remain the same. The envelopes containing requests for reimbursement have had to be sent (since the end of 1998) to :Rue des Eaux-Vives 94Case postale 64021...

  14. Miraculous financial engineering or toxic finance? The genesis of the U.S. subprime mortgage loans crisis and its consequences on the global financial markets and real economy

    Directory of Open Access Journals (Sweden)

    Ivo Pezzuto

    2012-09-01

    Full Text Available In the fall of 2008, the U.S. subprime mortgage loans defaults have turned into Wall Street’s biggest crisis since the Great Depression. As hundreds of billions in mortgage-related investments went bad, banks became suspicious of one another’s potential undisclosed credit losses and preferred to reduce their exposure in the interbank markets, thus causing interbank interest rates and credit default swaps increases, a liquidity shortage problem and a worsened credit crunch condition to consumers and businesses. Massive cash injections into money markets and interest rates reductions have been assured by central banks in an attempt to shore up banks and to restore confidence within the financial system. Even Governments have promoted bail-out deal agreements, protections from bankruptcies, recapitalizations and bank nationalizations in order to rescue banks from disastrous bankruptcies. The credit crisis originated in the previous years when the Federal Reserve sharply lowered interest rates (Fed Funds at 1% to limit the economic damage of the stock market decline due to the 2000 dot.com companies’ crisis. Lower interest rates made mortgage payments cheaper, and the demand for homes began to rise, sending prices up. In addition, millions of homeowners took advantage of the rate drop to refinance their existing mortgages. As the industry ramped up, the quality of the mortgages went down due to poor credit origination and credit risk assessment. Delinquency and default rates began to rise in 2006 as interest rates rose (Fed Funds at 5,25% and poor households across the US struggled to pay off their mortgages. Many of them went bankrupt and lost their homes but the pace of lending did not slow. Banks have transformed much of the high-risk mortgage debt (securitizations into mortgage-backed securities (MBS and collateralised debt obligations (CDO, and have sold these assets on the financial markets to investment firms and insurance companies

  15. Securitization, loan modification and the supply of subprime mortgage credit in the US

    Directory of Open Access Journals (Sweden)

    Anton Theunissen

    2013-10-01

    Full Text Available This paper develops a continuous time, contingent claims model of mortgage valuation with strategic behavior to show that mortgages that are securitized are characterized by significantly higher loan to value ratios than mortgages held on the balance sheet of the originator, if securitized mortgages cannot be renegotiated. Insofar as securitization inhibits loan modification, it serves as a credible threat to the borrower that default will provoke foreclosure. This enhances the value of the lender’s claim on the loan collateral, the home, and she is willing to lend more per dollar of collateral value. An important implication of the analysis is that the higher loan to value ratio for the securitized mortgage does not imply that the securitized mortgage is characterized by looser underwriting standards than the mortgage held on balance sheet. Higher loan to value ratios for securitized mortgages do not necessarily constitute evidence that securitization encourages risky lending.

  16. Outline of The probabilistic Concept of Ship Subdivision

    DEFF Research Database (Denmark)

    Pawlowski, Maciej

    1996-01-01

    concept. This may facilitate our present efforts in developing a sound assessment, consistent with the results of damage stability model tests. A new method is provided regarding the capsizal probability, based on the theory underlying numerical simulations of damaged ship behaviour in natural sea......An outline of the whole probabilistic concept of ship subdivision is given, comprising the latest advances in determination of pi and s1 factors - the two probabilistic factors that form the basis of the new regulations.The method for calculating the pi factor for dry cargo ships is thoroughly...... presented and compared with the original method, developed by IMO inthe late 60's for passenger ships. After that, a review is presented of the past efforts to develop an estimate for the factor si - the most difficultand controversial part of the new subdivision regulations based on the probabilistic...

  17. Optimized medium culture for Acidobacteia subdivision 1 strains

    NARCIS (Netherlands)

    Campanharo, J.C.; Kielak, A.M.; Castellane, T.C.; Kuramae, E.E.; Lemos, E.G.

    2016-01-01

    The members of subdivision 1 Acidobacterium were grown at different pH values in a new medium formulation named PSYL 5 includes sucrose, as a carbon source and other compounds (such as KH2PO4 and MgSO4.7H2O). Growth rate was nearly constant at pH 5 and declined at pH 3–4 and 6–7. However, it was

  18. How Does Mortgage Debt Affect Household Consumption? Micro Evidence from China

    OpenAIRE

    Fan, Ying; Yavas, Abdullah

    2017-01-01

    The high growth rate of mortgage debt in various emerging and developed economies has captured headlines following the financial crisis. In this paper, we investigate how mortgage debt impacts household consumption behavior and various components of household consumption. Utilizing a comprehensive household survey data from China, we show that households with a mortgage consume a higher portion of their income than households without a mortgage. This is in line with the argument that having a...

  19. A subdivision algorithm for phase equilibrium calculations at high pressures

    Directory of Open Access Journals (Sweden)

    M. L. Corazza

    2007-12-01

    Full Text Available Phase equilibrium calculations at high pressures have been a continuous challenge for scientists and engineers. Traditionally, this task has been performed by solving a system of nonlinear algebraic equations originating from isofugacity equations. The reliability and accuracy of the solutions are strongly dependent on the initial guess, especially due to the fact that the phase equilibrium problems frequently have multiple roots. This work is focused on the application of a subdivision algorithm for thermodynamic calculations at high pressures. The subdivision algorithm consists in the application of successive subdivisions at a given initial interval (rectangle of variables and a systematic test to verify the existence of roots in each subinterval. If the interval checked passes in the test, then it is retained; otherwise it is discharged. The algorithm was applied for vapor-liquid, solid-fluid and solid-vapor-liquid equilibrium as well as for phase stability calculations for binary and multicomponent systems. The results show that the proposed algorithm was capable of finding all roots of all high-pressure thermodynamic problems investigated, independent of the initial guess used.

  20. 17 CFR 210.12-29 - Mortgage loans on real estate. 1

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 2 2010-04-01 2010-04-01 false Mortgage loans on real estate... § 210.12-29 Mortgage loans on real estate. 1 Column A—Description 2,3,4 Column B—Interest rate Column C... mortgage loans on real estate investments has been written down or reserved against, describe the item and...

  1. 76 FR 38463 - SAFE Mortgage Licensing Act: Minimum Licensing Standards and Oversight Responsibilities

    Science.gov (United States)

    2011-06-30

    ... Mortgage Licensing Act: Minimum Licensing Standards and Oversight Responsibilities; Final Rule #0;#0... OF HOUSING AND URBAN DEVELOPMENT 24 CFR Parts 30 and 3400 RIN 2502-A170 SAFE Mortgage Licensing Act... minimum standards for the state licensing and registration of residential mortgage loan originators...

  2. 77 FR 76839 - Home Mortgage Disclosure (Regulation C): Adjustment To Asset-Size Exemption Threshold

    Science.gov (United States)

    2012-12-31

    ... PROTECTION 12 CFR Part 1003 Home Mortgage Disclosure (Regulation C): Adjustment To Asset-Size Exemption... commentary that interprets the requirements of the Bureau's Regulation C (Home Mortgage Disclosure) to... of Regulations, at (202) 435-7700. SUPPLEMENTARY INFORMATION: I. Background The Home Mortgage...

  3. 12 CFR 619.9230 - Open-end mortgage loan plans.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Open-end mortgage loan plans. 619.9230 Section 619.9230 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9230 Open-end mortgage loan plans. A mortgage loan which permits the borrower to obtain additional sums during...

  4. 78 FR 79285 - Home Mortgage Disclosure (Regulation C): Adjustment to Asset-Size Exemption Threshold

    Science.gov (United States)

    2013-12-30

    ... PROTECTION 12 CFR Part 1003 Home Mortgage Disclosure (Regulation C): Adjustment to Asset-Size Exemption... commentary that interprets the requirements of the Bureau's Regulation C (Home Mortgage Disclosure) to... INFORMATION: I. Background The Home Mortgage Disclosure Act of 1975 (HMDA) (12 U.S.C. 2801- 2810) requires...

  5. 12 CFR 925.9 - Makes long-term home mortgage loans requirement.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Makes long-term home mortgage loans requirement... loans requirement. An applicant shall be deemed to make long-term home mortgage loans as required by... originates or purchases long-term home mortgage loans. ...

  6. Energy Factors in Commercial Mortgages: Gaps and Opportunities

    Energy Technology Data Exchange (ETDEWEB)

    Mathew, Paul [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Coleman, Philip [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Wallace, Nancy [Univ. of California, Berkeley, CA (United States); Issler, Paulo [Univ. of California, Berkeley, CA (United States); Kolstad, Lenny [Inst. for Market Transformation, Washington, DC (United States); Sahadi, Robert [Inst. for Market Transformation, Washington, DC (United States)

    2016-09-01

    The commercial real estate mortgage market is enormous, with almost half a trillion dollars in deals originated in 2015. Relative to other energy efficiency financing mechanisms, very little attention has been paid to the potential of commercial mortgages as a channel for promoting energy efficiency investments. The valuation and underwriting elements of the business are largely driven by the “net operating income” (NOI) metric – essentially, rents minus expenses. While NOI ostensibly includes all expenses, energy factors are in several ways given short shrift in the underwriting process. This is particularly interesting when juxtaposed upon a not insignificant body of research revealing that there are in fact tangible benefits (such as higher valuations and lower vacancy and default rates) for energy-efficient and “green” commercial buildings. This scoping report characterizes the current status and potential interventions to promote greater inclusion of energy factors in the commercial mortgage process.

  7. Liquidity Constraints and the Centralized Home Mortgage Policy in China

    DEFF Research Database (Denmark)

    Gao, Cixiu

    2017-01-01

    This paper investigates China's centralized mortgage policy in general, and evaluates the policy change in 2011: the minimum down payment was dramatically raised to 60% of the home price. Using our previously developed structural model, we recover the unobserved liquidity wealth levels of individ......This paper investigates China's centralized mortgage policy in general, and evaluates the policy change in 2011: the minimum down payment was dramatically raised to 60% of the home price. Using our previously developed structural model, we recover the unobserved liquidity wealth levels...

  8. Mortgage Loan Portfolio Optimization Using Multi-Stage Stochastic Programming

    DEFF Research Database (Denmark)

    Rasmussen, Kourosh Marjani; Clausen, Jens

    2007-01-01

    We consider the dynamics of the Danish mortgage loan system and propose several models to reflect the choices of a mortgagor as well as his attitude towards risk. The models are formulated as multi stage stochastic integer programs, which are difficult to solve for more than 10 stages. Scenario...... reduction and LP relaxation are used to obtain near optimal solutions for large problem instances. Our results show that the standard Danish mortgagor should hold a more diversified portfolio of mortgage loans, and that he should rebalance the portfolio more frequently than current practice....

  9. Federal Deposit Insurance Corporation (FDIC) Insured Banks

    Data.gov (United States)

    Department of Homeland Security — The Summary of Deposits (SOD) is the annual survey of branch office deposits for all FDIC-insured institutions including insured U.S. branches of foreign banks. Data...

  10. Unemployment Insurance Query (UIQ)

    Data.gov (United States)

    Social Security Administration — The Unemployment Insurance Query (UIQ) provides State Unemployment Insurance agencies real-time online access to SSA data. This includes SSN verification and Title...

  11. Classification and treatment of Class II subdivision malocclusions.

    Science.gov (United States)

    Cassidy, Sara E; Jackson, Stona R; Turpin, David L; Ramsay, Douglas S; Spiekerman, Charles; Huang, Greg J

    2014-04-01

    Patients with Class II subdivision malocclusions are a challenge for clinicians because reestablishing symmetry in 1 arch or both arches is often a treatment goal. In patients with mandibular skeletal asymmetry, surgery is often a treatment option. However, patients may be unwilling to undergo surgery, and other options might have to be considered. The aim of this study was to evaluate the etiologies and outcomes of Class II subdivision patients treated at the University of Washington graduate orthodontic clinic in Seattle from 1995 through 2011. A search of patients treated between 1995 and 2011 resulted in the identification of 110 consecutively treated Class II subdivision subjects with complete records. Ninety-eight subjects could be classified into 1 of 3 groups, based on midline position and dental or skeletal etiology. Initial and final models were used to measure the peer assessment rating scores, midlines, overjet, overbite, and molar positions. Initial and final cephalograms were traced and measured. Charts were reviewed for information regarding treatment. Twenty-five percent of the 98 subjects had their maxillary and mandibular midlines coincident with the facial midline; their asymmetries were due to a maxillary posterior dental asymmetry. Another 15% had maxillary midlines deviated from their facial midlines, caused by maxillary anterior and posterior dental asymmetry. About 50% of the subjects had mandibular midlines that were not coincident with their facial midlines, and most of them exhibited some degree of mandibular skeletal asymmetry. Over the past 15 years, treatment strategies used at the University of Washington indicated trends toward less surgery, fewer extractions, less use of headgear, and more reliance on fixed functional appliances. Ideal correction of midlines was not always achieved, especially in patients with mandibular skeletal asymmetry, with undercorrection occurring more commonly than overcorrection. Final peer assessment

  12. Terrain Quantization Model Based on Global Subdivision Grid

    Directory of Open Access Journals (Sweden)

    MENG Li

    2016-12-01

    Full Text Available To solve the current problems in terrain quantization, such as the limitation of grid levels, the difficulties in data organization and management, and other issues, a quadrilateral terrain quantization model based on global subdivision grid is proposed. The model adopts GeoSOT as the spatial reference, and realize the correlation and retrieval of quantization data among different layers based on GeoSOT location identification code, which provides methods of the the quantization procession, the organization and storage, the data aggregation of the vector data and regular grid data.

  13. The Impact of Financial Sophistication on Adjustable Rate Mortgage Ownership

    Science.gov (United States)

    Smith, Hyrum; Finke, Michael S.; Huston, Sandra J.

    2011-01-01

    The influence of a financial sophistication scale on adjustable-rate mortgage (ARM) borrowing is explored. Descriptive statistics and regression analysis using recent data from the Survey of Consumer Finances reveal that ARM borrowing is driven by both the least and most financially sophisticated households but for different reasons. Less…

  14. Delinquent mortgages, neglected swimming pools, and West Nile virus, California.

    Science.gov (United States)

    Reisen, William K; Takahashi, Richard M; Carroll, Brian D; Quiring, Rob

    2008-11-01

    Adjustable rate mortgages and the downturn in the California housing market caused a 300% increase in notices of delinquency in Bakersfield, Kern County. This led to large numbers of neglected swimming pools, which were associated with a 276% increase in the number of human West Nile virus cases during the summer of 2007.

  15. Measuring Value at Risk for Mortgage Backed Securities

    DEFF Research Database (Denmark)

    Jakobsen, Svend

    1996-01-01

    This paper investigates the computation of Value-at-Risk (VaR) measures for mortgage backed securities (MBSs) using data for the Danish MBS market. The current RiskMetrics proposal from J.P. Morgan is used as a reference point throughout, but the study diverge somewhat from their proposal...... provided in the RiskMetrics dataset might yield better results....

  16. THE ROLE OF MORTGAGE CREDIT IN ENSURING ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    Z. L. Garipova

    2014-04-01

    Full Text Available The decision of the important social task - ensuring the availability of housing for the mass of the population of the country, on the one hand, allowed to launch investment, savings, financial and credit mechanisms for ensuring economic growth of the Russian economy on the other. Despite the high degree of sophistication in the scientific literature of the organization of mortgage lending system, a study of its impact on economic growth factors in the scientific literature clearly insufficient. The original article was the theory of economic growth, which allowed on the basis of research of interaction of demand for residential property, it deals with the housing mortgage credit to justify a conclusion about its importance not only for solution of social tasks, availability of housing, but also a significant impact on the demand and supply on the residential property market. Based on the analysis of statistical data for the period from 2006 to 2012, and their correlation analysis carried out research of factors of development of housing markets and mortgage lending, namely incomes, housing prices, interest rates on loans, «channel lending conditions, the terms of banking mortgage.Purchase on Elibrary.ru > Buy now

  17. Secondary mortgage market (SMM): Is it right for financing housing ...

    African Journals Online (AJOL)

    The formal housing finance system in Ghana is inadequate and highly underdeveloped. The formal finance institutions have provided very little mortgages particularly to the low and middle-income households. However, the fast growing capital market of Ghana offers an opportunity for sustainable housing finance in the ...

  18. Impediments to mortgage borrowing for the under-served urban ...

    African Journals Online (AJOL)

    This paper examines impediments to mortgage borrowing in South Africa. The analysis is premised on the fact that, despite South Africa's relatively sophisticated financial system compared to other countries in sub Saharan Africa, its housing finance system has not been able to replicate for the low to moderate income ...

  19. The Informal Sector and Mortgage Financing in Ghana | Decardi ...

    African Journals Online (AJOL)

    The increasing cost of building materials coupled with other challenges hinder the ability and desire of people to own houses. Over the years, accessibility to mortgage financing has become more skewed towards the formal sector to the neglect of the informal sector based on perceived and real challenges with informal ...

  20. A study of valuation clients perception on mortgage valuation reliability

    African Journals Online (AJOL)

    ... strain in many business dealings. This paper studies the perception of clients on reliability of mortgage valuation in Nigeria. A sample size of 50 lending institutions was randomly chosen representing 57.5% of the target population in Lagos State, the study area. The study used descriptive statistic to analyse the data.

  1. Housing Finance in Ghana: Can Community Mortgage Cooperatives ...

    African Journals Online (AJOL)

    There is insufficient housing in Ghana. Available houses are mostly poorly developed and lack the basic amenities required to make them habitable. The growth of households is in excess of housing growth resulting in housing deficit in the country. The formal finance institutions have supplied very little mortgages to ...

  2. Lateral cephalometric diagnosis of asymmetry in Angle Class II subdivision compared to Class I and II

    National Research Council Canada - National Science Library

    Meloti, Aparecida Fernanda; Gonçalves, Renata de Cássia; Silva, Ertty; Martins, Lídia Parsekian; dos Santos-Pinto, Ary

    2014-01-01

    .... The objective of the present study was to use lateral cephalometric radiographs to identify existing skeletal and dentoalveolar morphological alterations in Class II subdivision and to compare...

  3. Life Insurance. Universal-Life Insurance

    OpenAIRE

    Smith, Mike; Hayhoe, Celia Ray

    2009-01-01

    Universal-life insurance was created to address many of the problems associated with whole-life insurance. One problem with whole-life insurance is its lack of flexibility. A second problem with whole life is that it is much like a black box. The owner cannot see exactly how it works. Universal life provides solutions to these problems. To fully understand universal life, refer to "Life Insurance: Whole-Life Insurance", Virginia Cooperative Extension publication 354-145, for some backgroun...

  4. Women's Health Insurance Coverage

    Science.gov (United States)

    ... Women's Health Policy Women’s Health Insurance Coverage Women’s Health Insurance Coverage Published: Oct 31, 2017 Facebook Twitter LinkedIn ... that many women continue to face. Sources of Health Insurance Coverage Employer-Sponsored Insurance: Approximately 57.9 million ...

  5. Alternative health insurance schemes

    DEFF Research Database (Denmark)

    Keiding, Hans; Hansen, Bodil O.

    2002-01-01

    In this paper, we present a simple model of health insurance with asymmetric information, where we compare two alternative ways of organizing the insurance market. Either as a competitive insurance market, where some risks remain uninsured, or as a compulsory scheme, where however, the level...... competitive insurance; this situation turns out to be at least as good as either of the alternatives...

  6. Not all credit is created equal: Mortgage vs non-mortgage debt and private saving rate in Turkey

    Directory of Open Access Journals (Sweden)

    Cengiz Tunc

    2016-03-01

    Full Text Available The private saving rate in Turkey has decreased substantially since 2000. In this study, we investigate the determinants of the private saving rate in Turkey, with a special focus on the role of mortgage debt. We find a strong and robust negative effect of mortgage credit growth on private saving rate. Non-mortgage consumer credit growth also has a negative and robust effect on private saving rate, though its effect is smaller than that of mortgage credit. Business credit growth, on the other hand, has a positive impact on private saving rate. Our results provide strong support for the argument that the high growth rate of consumer credit is a primary reason for the recent decrease in private saving rate in Turkey. We also find that private saving rate displays strong persistence, and public saving rate partially crowds out private saving rate. In addition, per capita real income growth rate and macroeconomic uncertainty have positive impact on private saving rate.

  7. The Financial Market of the Cross and Up-Selling Insurers from Romania

    Directory of Open Access Journals (Sweden)

    Luminita-Maria Filip

    2012-05-01

    Full Text Available The biggest threat for the worldwide financial system is the recession at global level, which wouldhave a major impact on the insurance industry. The differences between the results of European companiesduring the crisis, had a close connection with the aggressive or defensive investment strategies. Although thebank assurance agreements exist and they are developing further, the partnerships of this type didn’t have theexpected success in Romania, so far. Once with the market penetration from Romania of some insurers ofEuropean size, more specialized companies have launched bank assurance partnerships with banks, especiallyin the view of distribution of life insurances, and more recently, of the promoting the package of currentaccount, products of savings – credit in the housing domain, pension funds, credits for small companies,mortgages and the one of personal needs. The success of this type of sale is still to come and put in doubt, atthis point, the efficiency of promoting the banking products by insurers.

  8. Reclassification to the NCAA Division I Football Bowl Subdivision: A Case Study at Western Kentucky University

    Science.gov (United States)

    Upright, Paula A.

    2009-01-01

    The purpose of this study was to describe the reclassification process of Western Kentucky University's football program from the Football Championship Subdivision (FCS) to the Football Bowl Subdivision (FBS), the highest and most visible level of NCAA competition. Three research questions guided the study: (a) Why did Western Kentucky University…

  9. Stability Verification for Energy-Aware Hydraulic Pressure Control via Simplicial Subdivision

    DEFF Research Database (Denmark)

    Sloth, Christoffer; Wisniewski, Rafael

    2015-01-01

    This paper presents a linear programming-based method for finding Lyapunov functions of dynamical systems with polynomial vector fields. We propose to utilize a certificate of positivity in the Bernstein basis based on subdivisioning to find a Lyapunov function. The subdivision-based method is pr...

  10. 40 CFR 35.6060 - Political subdivision-lead pre-remedial Cooperative Agreements.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Political subdivision-lead pre-remedial... Contracts for Superfund Response Actions Pre-Remedial Response Cooperative Agreements § 35.6060 Political subdivision-lead pre-remedial Cooperative Agreements. (a) If the Award Official determines that a political...

  11. 40 CFR 35.6115 - Political subdivision-lead remedial Cooperative Agreements.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Political subdivision-lead remedial... Contracts for Superfund Response Actions Remedial Response Cooperative Agreements § 35.6115 Political subdivision-lead remedial Cooperative Agreements. (a) General. If the State concurs, EPA may allow a political...

  12. 14 CFR 1261.405 - Subdivision of claims not authorized; other administrative proceedings.

    Science.gov (United States)

    2010-01-01

    ... administrative proceedings. 1261.405 Section 1261.405 Aeronautics and Space NATIONAL AERONAUTICS AND SPACE... Subdivision of claims not authorized; other administrative proceedings. (a) Subdivision of claims. Claims may...). The debtor's liability arising from a particular transaction or contract shall be considered a single...

  13. Interactive Display of Surfaces Using Subdivision Surfaces and Wavelets

    Energy Technology Data Exchange (ETDEWEB)

    Duchaineau, M A; Bertram, M; Porumbescu, S; Hamann, B; Joy, K I

    2001-10-03

    Complex surfaces and solids are produced by large-scale modeling and simulation activities in a variety of disciplines. Productive interaction with these simulations requires that these surfaces or solids be viewable at interactive rates--yet many of these surfaced solids can contain hundreds of millions of polygondpolyhedra. Interactive display of these objects requires compression techniques to minimize storage, and fast view-dependent triangulation techniques to drive the graphics hardware. In this paper, we review recent advances in subdivision-surface wavelet compression and optimization that can be used to provide a framework for both compression and triangulation. These techniques can be used to produce suitable approximations of complex surfaces of arbitrary topology, and can be used to determine suitable triangulations for display. The techniques can be used in a variety of applications in computer graphics, computer animation and visualization.

  14. 75 FR 4963 - Federal Housing Administration (FHA): Hospital Mortgage Insurance Program-Refinancing Hospital Loans

    Science.gov (United States)

    2010-01-29

    ... industry, but has had a serious impact on hospitals across the Nation. At a time when the demand for health... refinance debt was sufficiently available, and that the demand for this type of refinancing was not as great... refinancing of existing debt of an existing hospital (or existing nursing home, existing assisted living...

  15. 77 FR 72920 - Federal Housing Administration (FHA) Section 232 Healthcare Mortgage Insurance Program: Partial...

    Science.gov (United States)

    2012-12-07

    ... construction, substantial rehabilitation, purchase, and refinancing of nursing homes, intermediate care... nursing homes, intermediate care facilities, board and care homes, and assisted-living facilities. A... (RFA) (5 U.S.C. 601 et seq.) generally requires an agency to conduct a regulatory flexibility analysis...

  16. 76 FR 53362 - Approval of Farm Credit System Lending Institutions in FHA Mortgage Insurance Programs

    Science.gov (United States)

    2011-08-26

    ... impairments may access this number via TTY by calling the Federal Information Relay Service at 800-877-8339... 202-708- 1515 (this is not a toll-free number). Persons with hearing or speech impairments may access... Credit System. In addition, investors in Farm Credit System debt are protected by the assets of the self...

  17. 78 FR 36229 - 60-Day Notice of Proposed Information Collection: Mortgage Insurance Termination, Application for...

    Science.gov (United States)

    2013-06-17

    .... Persons with hearing or speech impairments may access this number through TTY by calling the toll-free...- free number. Persons with hearing or speech impairments may access this number through TTY by calling... SW., Room 4176, Washington, DC 20410-5000; telephone 202-402-5564 (this is not a toll-free number) or...

  18. 77 FR 2024 - Federal Housing Administration (FHA) Single-Family Mortgage Insurance: Elimination of Requests...

    Science.gov (United States)

    2012-01-13

    ... the public. Comments submitted electronically through the http://www.regulations.gov Web site can be... instructions provided on that site to submit comments electronically. Note: To receive consideration as public... national floor have remained static, because the conforming limit has not changed from $417,000.\\2\\ For...

  19. Edge subdivision and edge multisubdivision versus some domination related parameters in generalized corona graphs

    Directory of Open Access Journals (Sweden)

    Magda Dettlaff

    2016-01-01

    Full Text Available Given a graph \\(G=(V,E\\, the subdivision of an edge \\(e=uv\\in E(G\\ means the substitution of the edge \\(e\\ by a vertex \\(x\\ and the new edges \\(ux\\ and \\(xv\\. The domination subdivision number of a graph \\(G\\ is the minimum number of edges of \\(G\\ which must be subdivided (where each edge can be subdivided at most once in order to increase the domination number. Also, the domination multisubdivision number of \\(G\\ is the minimum number of subdivisions which must be done in one edge such that the domination number increases. Moreover, the concepts of paired domination and independent domination subdivision (respectively multisubdivision numbers are defined similarly. In this paper we study the domination, paired domination and independent domination (subdivision and multisubdivision numbers of the generalized corona graphs.

  20. Electromyography Activation Levels of the 3 Gluteus Medius Subdivisions During Manual Strength Testing

    DEFF Research Database (Denmark)

    Otten, Roald; Tol, Johannes L; Holmich, Per

    2015-01-01

    deficits and guide specific rehabilitation programs. However, the optimal positions for assessing the strength and activation of these subdivisions are unknown. OBJECTIVE: The first aim was to establish which strength-testing positions produce the highest surface electromyography (sEMG) activation levels...... of the individual GM subdivisions. The second aim was to evaluate differences in sEMG activation levels between the tested and contralateral (stabilizing) leg. METHOD: Twenty healthy physically active male subjects participated in this study. Muscle activity using sEMG was recorded for the GM subdivisions in 8...... different strength-testing positions and analyzed using repeated-measures analysis of variance. RESULTS: Significant differences between testing positions for all 3 GM subdivisions were found. There were significant differences between the tested and the contralateral anterior and middle GM subdivisions (P...

  1. Option-based valuation of mortgage-backed securities

    Directory of Open Access Journals (Sweden)

    Manola Ana

    2010-01-01

    Full Text Available Pure econometric approaches to pricing mortgage-backed securities (MBSs - principal pricing vehicles used by financial practitioners - fail to capture their true risks. This point was powerfully driven home by the global financial crisis. Since prior to the crisis default rates of MBSs were quite modest, econometric pricing models systematically underestimated the possibility of default. As a result, MBSs were severely overvalued. It is widely believed that the global crisis was largely triggered by incorrect valuation of mortgage-backed securities. In the aftermath, it is important to revisit the foundations for pricing MBSs and to pay much closer attention to default risk. This paper introduces a comprehensive model for valuation of fixed-rate pass-through mortgagebacked securities in a simple option-based framework. In the model, we use bivariate binomial tree approach to simultaneously model prepayment and default options. Our simulation results demonstrate that the proposed model has sufficient flexibility to capture the two principal risks.

  2. DETERMINANT FACTORS OF THE MORTGAGE LOANS DYNAMICS IN ROMANIA

    OpenAIRE

    Luca, Alina

    2012-01-01

    Considering the situation created by the global financial crisis, the Romanian banking system has gone from excess of liquidity to deficit, namely from an aggressive lending activity to a significant reduction of credit growth rate. Therefore, in the conditions of uncertainty caused by economic and financial crisis became obvious the deterioration of loan portfolio quality. The aim of this article is to show the determinant factors of mortgage loan dynamics, the correlations between lending a...

  3. 75 FR 76038 - Zach System Corporation a Subdivision of Zambon Company, SPA Including On-Site Leased Workers of...

    Science.gov (United States)

    2010-12-07

    ... Employment and Training Administration Zach System Corporation a Subdivision of Zambon Company, SPA Including... Corporation, a subdivision of Zach System SPA, La Porte, Texas, including on-site leased workers from Turner... subdivision of Zambon Company, SPA, not Zach System SPA. Based on these findings, the Department is amending...

  4. Understanding health insurance plans

    Science.gov (United States)

    ... page: //medlineplus.gov/ency/patientinstructions/000879.htm Understanding health insurance plans To use the sharing features on this ... plan for you and your family. Types of Health Insurance Plans Depending on how you get your health ...

  5. 75 FR 7149 - SAFE Mortgage Licensing Act: HUD Responsibilities Under the SAFE Act; Extension of Public Comment...

    Science.gov (United States)

    2010-02-17

    ...; ] DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 24 CFR Parts 30 and 3400 RIN 2502-A170 SAFE Mortgage Licensing... responsibilities under the Secure and Fair Enforcement Mortgage Licensing Act of 2008 (SAFE Act), which was...

  6. Simulating Sand Behavior through Terrain Subdivision and Particle Refinement

    Science.gov (United States)

    Clothier, M.

    2013-12-01

    Advances in computer graphics, GPUs, and parallel processing hardware have provided researchers with new methods to visualize scientific data. In fact, these advances have spurred new research opportunities between computer graphics and other disciplines, such as Earth sciences. Through collaboration, Earth and planetary scientists have benefited by using these advances in hardware technology to process large amounts of data for visualization and analysis. At Oregon State University, we are collaborating with the Oregon Space Grant and IGERT Ecosystem Informatics programs to investigate techniques for simulating the behavior of sand. In addition, we have also been collaborating with the Jet Propulsion Laboratory's DARTS Lab to exchange ideas on our research. The DARTS Lab specializes in the simulation of planetary vehicles, such as the Mars rovers. One aspect of their work is testing these vehicles in a virtual "sand box" to test their performance in different environments. Our research builds upon this idea to create a sand simulation framework to allow for more complex and diverse environments. As a basis for our framework, we have focused on planetary environments, such as the harsh, sandy regions on Mars. To evaluate our framework, we have used simulated planetary vehicles, such as a rover, to gain insight into the performance and interaction between the surface sand and the vehicle. Unfortunately, simulating the vast number of individual sand particles and their interaction with each other has been a computationally complex problem in the past. However, through the use of high-performance computing, we have developed a technique to subdivide physically active terrain regions across a large landscape. To achieve this, we only subdivide terrain regions where sand particles are actively participating with another object or force, such as a rover wheel. This is similar to a Level of Detail (LOD) technique, except that the density of subdivisions are determined by

  7. Genetics and Personal Insurance: the Perspectives of Canadian Cancer Genetic Counselors.

    Science.gov (United States)

    Lane, Michelle; Ngueng Feze, Ida; Joly, Yann

    2015-12-01

    Genetic discrimination in the context of genetic testing has been identified as a concern for symptomatic and asymptomatic individuals for more than three decades. Genetic counselors are often the health care professionals who discuss risks and benefits of genetic testing with patients, thereby making them most appropriate to address patient concerns about genetics and personal insurance (i.e., life, life as related to mortgage or group insurance, disability, critical illness and travel). A pilot study was conducted to ascertain the current practices of Canadian cancer genetic counselors in regard to their discussions with patients about genetic testing and access to personal insurance. Among the 36 counselors surveyed, 100 % reported discussing the issue of genetic testing and personal insurance with their patients. Several factors influenced the content, depth and length of these discussions including age, cancer status, family members, and patients' current and future insurance needs. Counselors reported discussing with patients the possible impact of genetic test results on access to personal insurance, possible access and use of patient genetic information by insurance companies, and whom patients should contact if they have additional questions. The most commonly reported inquiries from patients included questions about the possible impact of genetic testing on their ability to obtain insurance, and the insurability of family members. While 28 % of counselors reported having been contacted by an insurer requesting access to patient information, only one counselor was aware of or could recall the outcome of such a request. This pilot study revealed that issues concerning genetics and personal insurance are commonly discussed in Canadian cancer genetic counseling sessions. Counselors furthermore expressed a need for additional educational resources on the topic of genetics and personal insurance for themselves and their patients.

  8. 78 FR 44685 - Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act (Regulation...

    Science.gov (United States)

    2013-07-24

    ... the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth... and 1026 RIN 3170-AA37 Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement... Final Rule), 78 FR 6407 (Jan. 30, 2013). \\2\\ Mortgage Servicing Rules Under the Real Estate Settlement...

  9. 12 CFR 655.1 - Content, timing, and providing of the Federal Agricultural Mortgage Corporation's annual report...

    Science.gov (United States)

    2010-01-01

    ... Agricultural Mortgage Corporation's annual report of condition. 655.1 Section 655.1 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FEDERAL AGRICULTURAL MORTGAGE CORPORATION DISCLOSURE AND REPORTING REQUIREMENTS Annual Report of Condition of the Federal Agricultural Mortgage Corporation § 655.1...

  10. Deep structure beneath Lake Ontario: Crustal-scale Grenville subdivisions

    Science.gov (United States)

    Forsyth, D. A.; Milkereit, B.; Zelt, Colin A.; White, D. J.; Easton, R. M.; Hutchinson, Deborah R.

    1994-01-01

    Lake Ontario marine seismic data reveal major Grenville crustal subdivisions beneath central and southern Lake Ontario separated by interpreted shear zones that extend to the lower crust. A shear zone bounded transition between the Elzevir and Frontenac terranes exposed north of Lake Ontario is linked to a seismically defined shear zone beneath central Lake Ontario by prominent aeromagnetic and gravity anomalies, easterly dipping wide-angle reflections, and fractures in Paleozoic strata. We suggest the central Lake Ontario zone represents crustal-scale deformation along an Elzevir–Frontenac boundary zone that extends from outcrop to the south shore of Lake Ontario.Seismic images from Lake Ontario and the exposed western Central Metasedimentary Belt are dominated by crustal-scale shear zones and reflection geometries featuring arcuate reflections truncated at their bases by apparent east-dipping linear reflections. The images show that zones analogous to the interpreted Grenville Front Tectonic Zone are also present within the Central Metasedimentary Belt and support models of northwest-directed crustal shortening for Grenvillian deep crustal deformation beneath most of southeastern Ontario.A Precambrian basement high, the Iroquoian high, is defined by a thinning of generally horizontal Paleozoic strata over a crestal area above the basement shear zone beneath central Lake Ontario. The Iroquoian high helps explain the peninsular extension into Lake Ontario forming Prince Edward County, the occurrence of Precambrian inlier outcrops in Prince Edward County, and Paleozoic fractures forming the Clarendon–Linden structure in New York.

  11. Macroscopic Subdivision of Silica Aerogel Collectors for Sample Return Missions

    Energy Technology Data Exchange (ETDEWEB)

    Ishii, H A; Bradley, J P

    2005-09-14

    Silica aerogel collector tiles have been employed for the collection of particles in low Earth orbit and, more recently, for the capture of cometary particles by NASA's Stardust mission. Reliable, reproducible methods for cutting these and future collector tiles from sample return missions are necessary to maximize the science output from the extremely valuable embedded particles. We present a means of macroscopic subdivision of collector tiles by generating large-scale cuts over several centimeters in silica aerogel with almost no material loss. The cut surfaces are smooth and optically clear allowing visual location of particles for analysis and extraction. This capability is complementary to the smaller-scale cutting capabilities previously described [Westphal (2004), Ishii (2005a, 2005b)] for removing individual impacts and particulate debris in tiny aerogel extractions. Macroscopic cuts enable division and storage or distribution of portions of aerogel tiles for immediate analysis of samples by certain techniques in situ or further extraction of samples suited for other methods of analysis.

  12. The angular gyrus: multiple functions and multiple subdivisions.

    Science.gov (United States)

    Seghier, Mohamed L

    2013-02-01

    There is considerable interest in the structural and functional properties of the angular gyrus (AG). Located in the posterior part of the inferior parietal lobule, the AG has been shown in numerous meta-analysis reviews to be consistently activated in a variety of tasks. This review discusses the involvement of the AG in semantic processing, word reading and comprehension, number processing, default mode network, memory retrieval, attention and spatial cognition, reasoning, and social cognition. This large functional neuroimaging literature depicts a major role for the AG in processing concepts rather than percepts when interfacing perception-to-recognition-to-action. More specifically, the AG emerges as a cross-modal hub where converging multisensory information is combined and integrated to comprehend and give sense to events, manipulate mental representations, solve familiar problems, and reorient attention to relevant information. In addition, this review discusses recent findings that point to the existence of multiple subdivisions in the AG. This spatial parcellation can serve as a framework for reporting AG activations with greater definition. This review also acknowledges that the role of the AG cannot comprehensibly be identified in isolation but needs to be understood in parallel with the influence from other regions. Several interesting questions that warrant further investigations are finally emphasized.

  13. About the Subdivision of Indoor Spaces in Indoorgml

    Science.gov (United States)

    Diakité, A. A.; Zlatanova, S.; Li, K.-J.

    2017-10-01

    Boosted by the dynamic urbanization of cities, indoor environments are getting more and more complex in order to be able to host people properly. While most of our time is spent inside buildings, the need of GIS tools to assist our daily activities that can become tedious, such as indoor navigation or facility management, became more and more urgent. In that perspective, the IndoorGML standard is aiming to address the gaps left by other standards regarding the spatial modelling for indoor navigation. It includes several concepts such as the organization of the spaces into cells along with their network representation and the possibility to represent multiple connected layers. However, being at its first stage, several concepts of the standard could be improved. One of these is the cell subspacing that is not enough discussed in the current version of the standard. In this paper, we explore all the aspects involved in the subdivision process, from the identification of the navigable and non-navigable space cells to the generation of a navigation graph. We propose several criteria on which the indoor sub-spacing can rely to be automatically performed and and illustrate them on a 3D indoor model.

  14. ABOUT THE SUBDIVISION OF INDOOR SPACES IN INDOORGML

    Directory of Open Access Journals (Sweden)

    A. A. Diakité

    2017-10-01

    Full Text Available Boosted by the dynamic urbanization of cities, indoor environments are getting more and more complex in order to be able to host people properly. While most of our time is spent inside buildings, the need of GIS tools to assist our daily activities that can become tedious, such as indoor navigation or facility management, became more and more urgent. In that perspective, the IndoorGML standard is aiming to address the gaps left by other standards regarding the spatial modelling for indoor navigation. It includes several concepts such as the organization of the spaces into cells along with their network representation and the possibility to represent multiple connected layers. However, being at its first stage, several concepts of the standard could be improved. One of these is the cell subspacing that is not enough discussed in the current version of the standard. In this paper, we explore all the aspects involved in the subdivision process, from the identification of the navigable and non-navigable space cells to the generation of a navigation graph. We propose several criteria on which the indoor sub-spacing can rely to be automatically performed and and illustrate them on a 3D indoor model.

  15. 24 CFR 235.331 - Increased maximum mortgage amount for physically handicapped persons.

    Science.gov (United States)

    2010-04-01

    ... for physically handicapped persons. 235.331 Section 235.331 Housing and Urban Development Regulations... maximum mortgage amount for physically handicapped persons. If the mortgage relates to a dwelling unit to be occupied by a handicapped person as defined in § 235.5(c)(2), the otherwise applicable dollar...

  16. Education Levels and Mortgage Application Outcomes: Evidence of Financial Literacy. Discussion Paper No. 1369-09

    Science.gov (United States)

    Collins, J. Michael

    2009-01-01

    This paper uses 2005 Home Mortgage Disclosure Act data aggregated by census tract to measure the relationship between census tract-level college completion rates and the rates at which first lien refinance mortgage applicants submit incomplete loan applications, withdraw loan applications before they are reviewed, and reject lender approved loan…

  17. 7 CFR Appendix F to Subpart B of... - Form of Supplemental Mortgage

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 11 2010-01-01 2010-01-01 false Form of Supplemental Mortgage F Appendix F to Subpart B of Part 1744 Agriculture Regulations of the Department of Agriculture (Continued) RURAL UTILITIES... Subpart B of Part 1744—Form of Supplemental Mortgage Er09au01.032 Er09au01.033 Er09au01.034 ...

  18. Dutch mortgage arrears and the role of the global financial crisis

    NARCIS (Netherlands)

    Teye, A.L.; De Haan, J.; Elsinga, M.

    2015-01-01

    As in many countries, the Dutch housing market was severely hit by the recent financial crisis. Following the recession, the average house price in the Netherlands fell by almost 25% and the proportion of homeowners with mortgage payment arrears nearly doubled. In this paper, we study mortgage

  19. 77 FR 70177 - Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)

    Science.gov (United States)

    2012-11-23

    ... URBAN DEVELOPMENT Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to...: Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market). OMB Approval... proposed use: The Mark to Market Program is authorized under the Multifamily Assisted Housing Reform and...

  20. 26 CFR 1.67-3 - Allocation of expenses by real estate mortgage investment conduits.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 2 2010-04-01 2010-04-01 false Allocation of expenses by real estate mortgage investment conduits. 1.67-3 Section 1.67-3 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE... Gross Income, and Taxable Income § 1.67-3 Allocation of expenses by real estate mortgage investment...

  1. High mortgage rates in the Low Countries: what happened in the Spring of 2009?

    NARCIS (Netherlands)

    Dijkstra, M.A.; Randag, F.; Schinkel, M.P.

    2014-01-01

    Since the Spring of 2009, Dutch mortgage rates have been structurally high, both in comparison to the rest of Europe and to funding costs. This paper reviews the debate on possible causes, which are of two kinds: (i) the higher mortgage rates reflect higher funding costs; and (ii) softer competition

  2. 12 CFR 615.5570 - Book-entry procedures for Federal Agricultural Mortgage Corporation Securities.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Book-entry procedures for Federal Agricultural Mortgage Corporation Securities. 615.5570 Section 615.5570 Banks and Banking FARM CREDIT ADMINISTRATION... Federal Agricultural Mortgage Corporation Securities § 615.5570 Book-entry procedures for Federal...

  3. 12 CFR Appendix B to Part 1720 - Policy Guidance; Non-Mortgage Liquidity Investments

    Science.gov (United States)

    2010-01-01

    ... investment capital for residential mortgage finance. These functions require the Enterprises, as principals... finance system. 2. For the Enterprises effectively to perform their public purposes, they must be... address the use of derivative instruments. For activities not covered in this Guidance on non-mortgage...

  4. Financial literacy, risk aversion and choice of mortgage type by households

    NARCIS (Netherlands)

    Cox, R.; Brounen, Dirk; Neuteboom, P.

    2015-01-01

    This paper analyzes how financial literacy and reported willingness to take financial risk impact a household’s choice of mortgage type. The results show that households reporting higher financial literacy and lower risk aversion are 55 to 97 % more likely to opt for interest-only mortgages. The

  5. 24 CFR 203.43e - Eligibility of mortgages covering houses in federally impacted areas.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Eligibility of mortgages covering houses in federally impacted areas. 203.43e Section 203.43e Housing and Urban Development Regulations... Requirements and Underwriting Procedures Eligible Properties § 203.43e Eligibility of mortgages covering houses...

  6. 78 FR 10901 - Mortgage Servicing Rules Under the Truth in Lending Act (Regulation Z)

    Science.gov (United States)

    2013-02-14

    ... Affordable Homeownership Policy, 18 Housing Pol'y Debate 243, 274 (2007). As an example of current mortgage... Debate 753 (2004), available at http://ssrn.com/abstract=992095 . \\17\\ See Kurt Eggert, Limiting Abuse and Opportunism by Mortgage Servicers, 15 Housing Pol'y Debate 753 (2004), available at http://ssrn...

  7. 77 FR 57199 - 2012 Real Estate Settlement Procedures Act (Regulation X) Mortgage Servicing Proposal

    Science.gov (United States)

    2012-09-17

    ... Opportunism by Mortgage Servicers 15:3 Housing Policy Debate (2004), available at http://ssrn.com/abstract... Debate (2004), available at http://ssrn.com/abstract=992095 (collecting cases). When the mortgage crisis... and Government Reform, U.S. House of Representatives (Jan. 20, 2012), available at: http://www.fhfa...

  8. 78 FR 10695 - Mortgage Servicing Rules Under the Real Estate Settlement Procedures Act (Regulation X)

    Science.gov (United States)

    2013-02-14

    ... Is Good for Business and Affordable Homeownership Policy, 18 Housing Pol'y Debate 243, 274 (2007). As... Mortgage Servicers, 15 Housing Pol'y Debate 753 (2004), available at http://ssrn.com/abstract=992095 . \\17\\ See Kurt Eggert, Limiting Abuse and Opportunism by Mortgage Servicers, 15 Housing Pol'y Debate 753...

  9. 77 FR 57317 - 2012 Truth in Lending Act (Regulation Z) Mortgage Servicing

    Science.gov (United States)

    2012-09-17

    ... by Mortgage Servicers 15:3 Housing Policy Debate (2004), available at http://ssrn.com/abstract=992095 . \\14\\ See Kurt Eggert, Limiting Abuse and Opportunism by Mortgage Servicers 15:3 Housing Policy Debate..., Ranking Member, Committee on Oversight and Government Reform, U.S. House of Representatives (Jan. 20, 2012...

  10. 7 CFR 3565.108 - Responsibility for actions of agents and mortgage brokers.

    Science.gov (United States)

    2010-01-01

    ... brokers. 3565.108 Section 3565.108 Agriculture Regulations of the Department of Agriculture (Continued... Requirements § 3565.108 Responsibility for actions of agents and mortgage brokers. An approved lender is responsible for the actions of its agents and mortgage brokers. ...

  11. Is the Incidence of the Monetary Policy on the Mortgage Market Possible?

    Directory of Open Access Journals (Sweden)

    Teodora Barbu

    2009-03-01

    Full Text Available The article sets out to approach mortgage markets and their impact on the financial structure and on the financial stability. The synthesizing of studies done lead to the conclusion that the institutional characteristics of the mortgage market influence the monetary policy shocks on the prices of housing and consumption. In developed countries, transmission of such shocks is stronger because of mortgage markets mature and flexible. Regarding this aspect, there are significant divergences in the structure of the mortgage market between the main industrialized countries. Also, the reaction of central banks to the speculative bubbles on the mortgage markets is extremely reduced, thus formulating a series of interrogations related to the lack of concern of monetary authorities regarding the price of real assets.

  12. Census County Subdivisions for the United States Virgin Islands (CENSUS.COUNTY_SUBDIV_USVI)

    Data.gov (United States)

    U.S. Environmental Protection Agency — County subdivisions are the primary divisions of counties and statistically equivalent entities for the reporting of decennial census data. They include census...

  13. Research of subdivision driving technology for brushless DC motors in optical fiber positioning

    Science.gov (United States)

    Kan, Yi; Gu, Yonggang; Zhu, Ye; Zhai, Chao

    2016-07-01

    In fiber spectroscopic telescopes, optical fiber positioning units are used to position thousands of fibers on the focal plane quickly and precisely. Stepper motors are used in existing units, however, it has some inherent deficiencies, such as serious heating and low efficiency. In this work, the universally adopted subdivision driving technology for stepper motors is transplanted to brushless DC motors. It keeps the advantages of stepper motors such as high positioning accuracy and resolution, while overcomes the disadvantages mentioned above. Thus, this research mainly focuses on develop a novel subdivision driving technology for brushless DC motor. By the proving of experiments of online debug and subdivision speed and position, the proposed brushless DC motor subdivision technology can achieve the expected functions.

  14. CAR INSURANCE – ENGINE FOR THE ROMANIAN INSURANCE MARKET

    OpenAIRE

    Gherasim Solovestru Domide; Alexandru Domide

    2013-01-01

    The paper presents the evolution of risk underwriting for the general insurance and motor insurance by the insurance companies with insurance activity in Romania during 2007 until 2012. In the analyzed period we have noted an increase and then a decrease in the risk underwriting value for all the classes of general insurance. During this period, within the classes of general insurance, the car insurance are holding values above 50% of total subscriptions. This fact has a negative impact over ...

  15. Ameliorating Local Impacts with Architectural Research: Subprime Mortgages & Housing Quality

    Directory of Open Access Journals (Sweden)

    Lynne M. Dearborn

    2012-10-01

    Full Text Available Shock waves from the current housing crisis that still echo through Wall Street’s largest financial firms, not only have threatened to topple financial markets and drive the country into a depression, but have also undermined the all-time high home ownership rate in the United States. The most attention-grabbing dimensions and headlines of the current crisis seem to be the staggering losses incurred by the likes of Bear Sterns and Citigroup, and the demise of some of the large corporations such as Washington Mutual. However, the real crisis is not on Wall Street or in the banking sector, but in low- and moderate-income and minority homes and neighborhoods throughout the country. At least ten years before the present subprime foreclosure crisis became mainstream news, these marginalized communities were feeling the negative effects of mortgage fraud and predatory lending practices occurring with regularity in the subprime market. This paper discusses an ongoing study of Subprime Lending, Mortgage Fraud and Housing Quality in process since 2002. This four-part study has employed foreclosure data with statistical and mapping analysis, detailed interviews with victims of predatory lending, systematic documentation of the resulting housing environments, and documentation of property improvements in light of victims’ legal settlements. While subprime lending has supported the expansion of homeownership in the United States, this on-going study suggests that this expansion has sometimes been at the expense of safe, code-compliant living environments forlow-income, minority and elderly homeowners. Some of the victims of predatory lending and mortgage fraud have sought legal redress through the courts but many have suffered personal financial, health, emotional, and family crises as well. The current broad-scale discussion of the topic has given attention to the lack of regulation facilitating these unethical practices, but it is unclear that current

  16. The impact of possession on legality of mortgage registered on a building under construction: With case law

    Directory of Open Access Journals (Sweden)

    Vicković Tanja

    2016-01-01

    Full Text Available The expansion of the subject of a mortgage to buildings under construction is a considerable step forward in regulating mortgages. It is not possible to register ownership rights on buildings under construction. A person acquiring ownership does not have the possibility to protect his rights. Acquiring ownership rights to a building under construction is tied to possession. This is detrimental to the principle of publicity which in turn erodes the principle of reliance. Validity of the mortgage is tied to the possession over the mortgaged real estate at the time of its registration. Such position of the courts challenges the very essence of mortgage.

  17. INSURANCE DISTRIBUTION CHANNELS IN SERBIA

    OpenAIRE

    Jelena Bozovic, Andriana Milosevic

    2015-01-01

    Starting from 90s of the last century there are changes in the insurance industry. The manner of delivery of insurance products is changed by the development of technology and in accordance with clients' needs and wishes, which means sales of insurance with complete financial service. Insured, i.e. contractor of insurance services must be in the center of all activities of insurer. Fast and fair discharge claim or amount insured is the main factor which creates trust, certainty and satisfacti...

  18. Public Insurance and Equality

    DEFF Research Database (Denmark)

    Landes, Xavier; Néron, Pierre-Yves

    2015-01-01

    health and unemployment insurance and pensions) is explained and justified by the greater efficiency of the state, in comparison with markets, in addressing market failures such as moral hazard or adverse selection. Our argument is that while insurance, intrinsically and idealistically, may diverge from......Public insurance is commonly assimilated with redistributive tools mobilized by the welfare state in the pursuit of an egalitarian ideal. This view contains some truth, since the result of insurance, at a given moment, is the redistribution of resources from the lucky to unlucky. However, Joseph...... Heath (among other political theorists) considers that the principle of efficiency provides a better normative explanation and justification of public insurance than the egalitarian account. According to this view, the fact that the state is involved in the provision of specific insurance (primarily...

  19. Relative value health insurance.

    Science.gov (United States)

    Korobkin, Russell

    2014-04-01

    Increases in health costs continue to outpace general inflation, and implementation of the Patient Protection and Affordable Care Act will exacerbate the problem by adding more Americans to the ranks of the insured. The most commonly proposed solutions--bureaucratic controls, greater patient cost sharing, and changes to physician incentives--all have substantial weaknesses. This article proposes a new paradigm for rationalizing health care expenditures called "relative value health insurance," a product that would enable consumers to purchase health insurance that covers cost-effective treatments but excludes cost-ineffective treatments. A combination of legal and informational impediments prevents private insurers from marketing this type of product today, but creative use of comparative effectiveness research, funded as a part of health care reform, could make relative value health insurance possible. Data deficits, adverse selection risks, and heterogeneous values among consumers create obstacles to shifting the health insurance system to this paradigm, but they could be overcome.

  20. Micro Insurance Academy

    OpenAIRE

    Ertekin, Ergun; Navarrete Moreno, Cristina

    2017-01-01

    In India, healthcare financing largely relies on direct out-of-pocket spending, which causes immense health-related financial burdens for the poor. Despite recent efforts by the government and the private sector, only 15 percent of the population in India is covered by health insurance. The Micro Insurance Academy (MIA) extends health insurance at the last mile through a bottom-up approach...

  1. Nonlife Insurance Pricing:

    Science.gov (United States)

    Darooneh, Amir H.

    We consider the insurance company as a physical system which is immersed in its environment (the financial market). The insurer company interacts with the market by exchanging the money through the payments for loss claims and receiving the premium. Here, in the equilibrium state, we obtain the premium by using the canonical ensemble theory, and compare it with the Esscher principle, the well-known formula in actuary for premium calculation. We simulate the case of car insurance for quantitative comparison.

  2. Prescriptions and Insurance Plans

    Science.gov (United States)

    ... contributed by: familydoctor.org editorial staff Categories: Healthcare Management, Insurance & Bills, Your Health ResourcesTags: brand name, co-pay, drug, formulary, generic, isurance, medicine, ...

  3. Analysis of Tax-deductible Interest Payments for Re-advanceable Canadian Mortgages

    Science.gov (United States)

    Naseem, Almas; Reesor, Mark

    2011-11-01

    According to Canadian tax law the interest on loans used for investment purposes is tax deductible while interest on personal mortgage loans is not. One way of transforming from non-tax deductible to tax deductible interest expenses is to borrow against home equity to make investments. A re-advanceable mortgage is a product specifically designed to take advantage of this tax discrepancy. Using simulation we study the risk associated with the re-advanceable mortgage strategy to provide a better description of the mortgagor's position. We assume that the mortgagor invests the borrowings secured by home equity into a single risky asset (e.g., stock or mutual fund) whose evolution is described by geometric Brownian motion (GBM). With a re-advanceable mortgage we find that the average mortgage payoff time is less than the original mortgage term. However, there is considerable variation in the payoff times with a significant probability of a payoff time exceeding the original mortgage term. Higher income homeowners enjoy a payoff time distribution with both a lower average and a lower standard deviation than low-income homeowners. Thus this strategy is most beneficial to those with the highest income. We also find this strategy protects the homeowner in the event of job loss. This work is important to lenders, financial planners and homeowners to more fully understand the benefits and risk associated with this strategy.

  4. Life Insurance Contribution, Insurance Development and Economic Growth in China

    National Research Council Canada - National Science Library

    Wang Ying, Yin Linsen, Pan Wenjie

    2017-01-01

    ... (including life insurance and non-life insurance) and economic growth, reveals the contribution law of the insurance development in economic growth in the short and long term from both economic scale and quality respectively...

  5. Dynamic Functional Network Connectivity Reveals Unique and Overlapping Profiles of Insula Subdivisions

    Science.gov (United States)

    Nomi, Jason S.; Farrant, Kristafor; Damaraju, Eswar; Rachakonda, Srinivas; Calhoun, Vince D.; Uddin, Lucina Q.

    2016-01-01

    The human insular cortex consists of functionally diverse subdivisions that engage during tasks ranging from interoception to cognitive control. The multiplicity of functions subserved by insular subdivisions calls for a nuanced investigation of their functional connectivity profiles. Four insula subdivisions (dorsal anterior, dAI; ventral, VI; posterior, PI; middle, MI) derived using a data-driven approach were subjected to static- and dynamic-functional network connectivity (s-FNC and d-FNC) analyses. Static-FNC analyses replicated previous work demonstrating a cognition-emotion-interoception division of the insula, where the dAI is functionally connected to frontal areas, the VI to limbic areas, and the PI and MI to sensorimotor areas. Dynamic-FNC analyses consisted of k-means clustering of sliding windows to identify variable insula connectivity states. The d-FNC analysis revealed that the most frequently occurring dynamic state mirrored the cognition-emotion-interoception division observed from the s-FNC analysis, with less frequently occurring states showing overlapping and unique subdivision connectivity profiles. In two of the states, all subdivisions exhibited largely overlapping profiles, consisting of subcortical, sensory, motor, and frontal connections. Two other states showed the dAI exhibited a unique connectivity profile compared with other insula subdivisions. Additionally, the dAI exhibited the most variable functional connections across the s-FNC and d-FNC analyses, and was the only subdivision to exhibit dynamic functional connections with regions of the default mode network. These results highlight how a d-FNC approach can capture functional dynamics masked by s-FNC approaches, and reveal dynamic functional connections enabling the functional flexibility of the insula across time. PMID:26880689

  6. Home Truths: Promises and Challenges in Linking Mortgages and Political Influence

    Directory of Open Access Journals (Sweden)

    Deniz Igan

    2016-11-01

    Full Text Available What can “big data” tell us about the dynamics shaping the regulation of and activities in housing and mortgage markets? This paper describes a detailed database of the lobbying activities, campaign contributions, political connections, and mortgage lending activities of the financial industry. A review of the findings of recent research that has utilized this data set suggests that the political influence of the financial industry may have a bearing on the regulation of mortgage markets and, in turn, on risk-taking by lenders. A key challenge is deciphering the motivations behind the politically targeted activities of the financial industry.

  7. Marketing in life insurance

    Directory of Open Access Journals (Sweden)

    Njegomir Vladimir

    2006-01-01

    Full Text Available Insurance industry has traditionally been oriented on sale of its products i.e. at the stage which from the aspect of marketing theory can be characterized as sales phase, phase which proceeds the marketing orientation. However, faced with numerous challenges of modern business environment such as globalization, deregulation and sophisticated information technology insurance companies must change their way of doing business. Competition is becoming fierce as insurance companies are faced with competition not only from insurance industry but also from other competitors, such as banks, that are in position to offer product substitutes for life insurance products. In this new environment information about customers and their education are becoming critical factors. Insurance companies must know their customers what influences their demand for life insurance, what is the amount of their income, what is inflation rate, their expenditures on other goods i.e. opportunity costs, etc. Those are factors that force insurance companies to concentrate more on present and potential buyers and their needs and force them to give their best to satisfy those needs in a way that will produce delighted customers.

  8. Insurance Discounts: Traffic Safety Tips

    Science.gov (United States)

    1996-01-01

    This fact sheet, NHTSA Facts: Summer 1996, discusses automobile insurance discounts. It relates how to obtain a discount, and details what factors can influence insurance premiums. It notes that discounts for safety features vary from insurance compa...

  9. Unemployment Insurance and Inequality

    DEFF Research Database (Denmark)

    Larsen, Birthe; Waisman, Gisela

    This paper examines the impact of higher unemployment insurance on the fraction of the work force paying into an unemployment insurance fond, wage differences and therefore inquality and education letting worker initial wealth being important for the decisions and implied values. As usually higher...... educated workers receive a lower fraction of their wages as unemployment insurance, we consider how the impact on labour market performance and wage differences and thereby inequality differ dependent on whether educated or uneducated workers receive higher benefits. The model can help shed light...... on the the puzzle why only some workers, for given educational level, pay into an unemployment insurance fond, the lower wealth mobility than income mobility as well as the relative compressed wage structure in countries with generous social assistance as well as unemployment insurance for low income workers...

  10. Health insurance for "frontaliers"

    CERN Document Server

    2013-01-01

    The French government has decided that, with effect from 1 June 2014, persons resident in France but working in Switzerland (hereinafter referred to as “frontaliers”) will no longer be entitled to opt for private French health insurance provision as their sole and principal health insurance.   The right of choice, which was granted by the Bilateral Agreement on the Free Movement of Persons between Switzerland and the European Union and which came into force on 1 June 2002, exempts “frontaliers” from the obligation to become a member of Switzerland’s compulsory health insurance scheme (LAMal) if they can prove that they have equivalent coverage in France, provided by either the French social security system (CMU) or a private French insurance provider. As the latter option of private health insurance as an alternative to membership of LAMal will be revoked under the new French legislation that will come into force on 1 June 2014, current “...

  11. Risk Management in Insurance Companies

    OpenAIRE

    Yang, Xufeng

    2006-01-01

    Insurance is the uncertain business in uncertain society. Today, insures face more complex and difficult risks. Efficient risk management mechanisms are essential for the insurers. The paper is set out initially to explore UK insurance companies risk management and risk disclosure by examining companies annual report after all the listed insurance companies are required to disclose risk information in their annual report, which seeks to reflect the recent development in UK insurance companies...

  12. Optimal Subdivision for Treatment and Management of Catastrophic Landslides in a Watershed Using Topographic Factors.

    Science.gov (United States)

    Lin, Chao-Yuan; Fu, Kuei-Lin; Lin, Cheng-Yu

    2016-11-01

    Recent extreme rainfall events led to many landslides due to climate changes in Taiwan. How to effectively promote post-disaster treatment and/or management works in a watershed/drainage basin is a crucial issue. Regarding the processes of watershed treatment and/or management works, disaster hotspot scanning and treatment priority setup should be carried out in advance. A scanning method using landslide ratio to determine the appropriate outlet of an interested watershed, and an optimal subdivision system with better homogeneity and accuracy in landslide ratio estimation were developed to help efficient executions of treatment and/or management works. Topography is a key factor affecting watershed landslide ratio. Considering the complexity and uncertainty of the natural phenomenon, multivariate analysis was applied to understand the relationship between topographic factors and landslide ratio in the interested watershed. The concept of species-area curve, which is usually adopted at on-site vegetation investigation to determinate the suitable quadrate size, was used to derive the optimal threshold in subdivisions. Results show that three main component axes including factors of scale, network and shape extracted from Digital Terrain Model coupled with areas of landslide can effectively explain the characteristics of landslide ratio in the interested watershed, and a relation curve obtained from the accuracy of landslide ratio classification and number of subdivisions could be established to derive optimal subdivision of the watershed. The subdivision method promoted in this study could be further used for priority rank and benefit assessment of landslide treatment in a watershed.

  13. What Does a Swiss Franc Mortgage Cost? The Tale of Polish Trust for Foreign Currency Denominated Mortgages: Implications for Well-Being and Health.

    Science.gov (United States)

    Białowolski, Piotr; Węziak-Białowolska, Dorota

    2017-01-01

    It is commonly agreed that excessive household financial debts are detrimental to psychological and physical health. Research also demonstrates that housing instability, mortgage indebtedness and mortgage foreclosure negatively influence subjective well-being. In Poland at the beginning of 2015, homeowners with Swiss franc denominated mortgages suffered from an abrupt swing in the Swiss franc/Polish zloty (CHF/PLN) exchange rate, which resulted in considerable increase in the local currency value of their mortgages. These adverse financial circumstances were hypothesised to affect not only household finance but also negatively affect the psychological well-being and physical health of peoples. The 2013 and 2015 waves of the Polish representative household panel 'Social Diagnosis' were used to examine impact of the abrupt change in the CHF/PLN exchange rate in Jan. 2015 on well-being and health. Causal inference was investigated using a difference-in-differences matching estimator. Results showed that although impact of Swiss franc appreciation on the mortgage related financial burden was considerable, it did not affect well-being or health outcomes. Any manifestation of adverse effects was absent in the short term, which does not however preclude their long term existence.

  14. Carrington Real Estate Services, LLC and Carrington Mortgage Services, LLC Information Sheet

    Science.gov (United States)

    Carrington Real Estate Services, LLC and Carrington Mortgage Services, LLC (the Company) is located in Anaheim, California. The settlement involves the sale of properties constructed prior to 1978, located in Bakersfield and Ridgecrest, California.

  15. Reverse mortgages: a novel tool for financing long-term health care needs.

    Science.gov (United States)

    Hicks, Darryl

    2005-03-01

    There is growing agreement among policymakers, health care professionals, and the aging industry in general that reverse mortgages can play an important role in financing our nation's long-term health care system, addressing many of our seniors' unmet needs.

  16. A two-factor, stochastic programming model of Danish mortgage-backed securities

    DEFF Research Database (Denmark)

    Nielsen, Søren S.; Poulsen, Rolf

    2004-01-01

    Danish mortgage loans have several features that make them interesting: Short-term revolving adjustable-rate mortgages are available, as well as fixed-rate, 10-, 20- or 30-year annuities that contain embedded options (call and delivery options). The decisions faced by a mortgagor are therefore non......-trivial, both in terms of deciding on an initial mortgage, and in terms of managing (rebalancing) it optimally.We propose a two-factor, arbitrage-free interest-rate model, calibrated to observable security prices, and implement on top of it a multi-stage, stochastic optimization program with the purpose...... of optimally composing and managing a typical mortgage loan. We model accurately both fixed and proportional transaction costs as well as tax effects. Risk attitudes are addressed through utility functions and through worst-case (min-max) optimization. The model is solved in up to 9 stages, having 19...

  17. 78 FR 48547 - Appraisals for Higher-Priced Mortgage Loans-Supplemental Proposal

    Science.gov (United States)

    2013-08-08

    ...: http://www.FDIC.gov/regulations/laws/federal/propose.html . Mail: Robert E. Feldman, Executive... Baker and Robin LeBaron, Fair Mortgage Collaborative, Toward a Sustainable and Responsible Expansion of...

  18. 77 FR 51115 - Integrated Mortgage Disclosures Under the Real Estate Settlement Procedures Act (Regulation X...

    Science.gov (United States)

    2012-08-23

    ... Chomsisengphet and Anthony Pennington-Cross, The Evolution of the Subprime Mortgage Market, Federal Reserve Bank... prices are down 35 percent from peak to trough on a national basis, and it is not clear whether the...

  19. 77 FR 37917 - Notice of Proposed Information Collection: Comment Request; Multifamily Housing Mortgage and...

    Science.gov (United States)

    2012-06-25

    ... URBAN DEVELOPMENT Notice of Proposed Information Collection: Comment Request; Multifamily Housing...: Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market). OMB Control Number... Market Program is authorized under the Multifamily Assisted Housing Reform and Affordability Act of 1997...

  20. INFLUENCE OF MORTGAGE RATES PRICE FORMATION ON THE PRIMARY HOUSING MARKET

    Directory of Open Access Journals (Sweden)

    Nikolay I. Kornilov

    2015-01-01

    Full Text Available The article considers relationship of pricesin the primary market, depending on theregional origin and type of home, with thevalue of mortgage rates. Assesses thestrength of such a relationship and thepossible effects of changes in such rates.

  1. Health insurance basic actuarial models

    CERN Document Server

    Pitacco, Ermanno

    2014-01-01

    Health Insurance aims at filling a gap in actuarial literature, attempting to solve the frequent misunderstanding in regards to both the purpose and the contents of health insurance products (and ‘protection products’, more generally) on the one hand, and the relevant actuarial structures on the other. In order to cover the basic principles regarding health insurance techniques, the first few chapters in this book are mainly devoted to the need for health insurance and a description of insurance products in this area (sickness insurance, accident insurance, critical illness covers, income protection, long-term care insurance, health-related benefits as riders to life insurance policies). An introduction to general actuarial and risk-management issues follows. Basic actuarial models are presented for sickness insurance and income protection (i.e. disability annuities). Several numerical examples help the reader understand the main features of pricing and reserving in the health insurance area. A short int...

  2. CAPS AND FLOORS: A REVIEW OF THE SPANISH MORTGAGE PRACTICE

    Directory of Open Access Journals (Sweden)

    Virginia Navajas

    2016-07-01

    Full Text Available Recent rulings regarding evictions and "CAPs and FLOORS" applied by deposit institutions in Spain have recaptured the importance because of the conditions established by these institutions. They have done mortgages with their customers, especially with retail customers. This paper is a review of existing legislation on this issue and a starting point for an analysis of the practices and the claims carried out by institutions in Spain. Moreover, another aspect of interest is what criterion had been used to establish these conditions from the point of view of the institutions themselves. It is also studied the evolution of the main reference interest rates and the structure of the profit and loss account. With these elements, we also to test the meaning of these clauses into the management of entities and how to reconcile this management with social problems in Europe.

  3. On a class of adjustable rate mortgage loans subject to a strict balance principle

    DEFF Research Database (Denmark)

    Astrup Jensen, Bjarne

    We describe the background and the basic funding mechanisms for the type of adjustable rate mortgageloans that were introduced in the Danish market in 1996. Each loan is funded separately by tap issuingpass-through mortgage bonds (`strict balance principle'). The novelty is a funding mechanism...... algorithms.The algorithms described here show that the essentials can be reduced to a `back of an envelope' complexity.Keywords: Adjustable rate mortgages, balance principle, patent, yield curve riding...

  4. Individual insurance: health insurers try to tap potential market growth.

    Science.gov (United States)

    November, Elizabeth A; Cohen, Genna R; Ginsburg, Paul B; Quinn, Brian C

    2009-11-01

    Individual insurance is the only source of health coverage for people without access to employer-sponsored insurance or public insurance. Individual insurance traditionally has been sought by older, sicker individuals who perceive the need for insurance more than younger, healthier people. The attraction of a sicker population to the individual market creates adverse selection, leading insurers to employ medical underwriting--which most states allow--to either avoid those with the greatest health needs or set premiums more reflective of their expected medical use. Recently, however, several factors have prompted insurers to recognize the growth potential of the individual market: a declining proportion of people with employer-sponsored insurance, a sizeable population of younger, healthier people forgoing insurance, and the likelihood that many people receiving subsidies to buy insurance under proposed health insurance reforms would buy individual coverage. Insurers are pursuing several strategies to expand their presence in the individual insurance market, including entering less-regulated markets, developing lower-cost, less-comprehensive products targeting younger, healthy consumers, and attracting consumers through the Internet and other new distribution channels, according to a new study by the Center for Studying Health System Change (HSC). Insurers' strategies in the individual insurance market are unlikely to meet the needs of less-than-healthy people seeking affordable, comprehensive coverage. Congressional health reform proposals, which envision a larger role for the individual market under a sharply different regulatory framework, would likely supersede insurers' current individual market strategies.

  5. Optimum amount of an insurance sum in life insurance

    Directory of Open Access Journals (Sweden)

    Janez Balkovec

    2001-01-01

    Full Text Available Personal insurance represents one of the sources of personal social security as a category of personal property. How to get a proper life insurance is a frequently asked question. When insuring material objects (car, house..., the problem is usually not in the amount of the taken insurance. With life insurance (abstract goods, problems as such occur. In this paper, we wish to present a model that, according to the financial situation and the anticipated future, makes it possible to calculate the optimum insurance sum in life insurance.

  6. Captive insurance companies.

    Science.gov (United States)

    Strauss, Peter

    2014-01-01

    The landscape of the business world is changing; and now, more than ever, business owners are recognizing that life is filled with risks: known risk, calculated risk, and unexpected risk. Every day, businesses thrive or fail based on understanding the risk of owning and operating their business, and business owners are recognizing that there are alternative risk financing mechanisms other than simply taking out a basket of standard coverage as recommended by your friendly neighborhood agent. A captive insurance company is an insurance company established to provide a broad range of risk management capabilities to affiliated companies. The captive is owned by the business owner and can provide insurance to the business for potential future losses, whether or not the losses are already covered by a commercial carrier or are "self-insured." The premiums paid by your business are tax deductible. Meanwhile, the premiums that your captive collects are tax-free up to $1.2 million annually.

  7. Uninsured vs. insured population

    DEFF Research Database (Denmark)

    Andersen, Z. J.; Lin, Chyongchiou J; Chang, Chung-Chou H

    2003-01-01

    analyzed. Approximately 74 percent of uninsured Americans are nonelderly Americans. Among the nonelderly Americans, about 17 percent are uninsured. Our findings show that insurance status varies significantly by region, age, race, gender, marital status, income, education, employment status, and health...

  8. ENDOWMENT LIFE INSURANCE

    National Research Council Canada - National Science Library

    Zeljko Sain; Jasmina Selimovic

    2013-01-01

    ... of sub-models of the most popular form of life insurance in the world. The paper applies the scientific methodology of the deductive character based on scientific, theoretical knowledge and practical realities...

  9. Deductibles in health insurance

    Science.gov (United States)

    Dimitriyadis, I.; Öney, Ü. N.

    2009-11-01

    This study is an extension to a simulation study that has been developed to determine ruin probabilities in health insurance. The study concentrates on inpatient and outpatient benefits for customers of varying age bands. Loss distributions are modelled through the Allianz tool pack for different classes of insureds. Premiums at different levels of deductibles are derived in the simulation and ruin probabilities are computed assuming a linear loading on the premium. The increase in the probability of ruin at high levels of the deductible clearly shows the insufficiency of proportional loading in deductible premiums. The PH-transform pricing rule developed by Wang is analyzed as an alternative pricing rule. A simple case, where an insured is assumed to be an exponential utility decision maker while the insurer's pricing rule is a PH-transform is also treated.

  10. Consumers’ Collision Insurance Decisions

    DEFF Research Database (Denmark)

    Austin, Laurel; Fischhoff, Baruch

    Using interviews with 74 drivers, we elicit and analyse how people think about collision coverage and, more generally, about insurance decisions. We compare the judgments and behaviours of these decision makers to the predictions of a range of theoretical models: (a) A model developed by Lee (2007......), which refines EU theory to incorporate income and predicts that property insurance is a normal good; (b) a mental accounting model based on the idea that consumers budget their income across consumption categories (Thaler, 1985); and (c) the baseline, classic EU theory, which predicts that insurance...... is an inferior good (Mossin, 1968). The behaviour reported by subjects in our study suggests that insurance is a normal good, while their verbal reports reveal desires to balance two conflicting goals in deductible decisions, keeping premiums “affordable” and keeping deductibles “affordable,” which suggests...

  11. HUD Insured Hospitals

    Data.gov (United States)

    Department of Housing and Urban Development — The Office of Healthcare Programs (OHP), previously known as the Office of Insured Health Care Facilities, is located within the Office of Housing and administers...

  12. Vaccines as Epidemic Insurance

    Directory of Open Access Journals (Sweden)

    Mark V. Pauly

    2017-10-01

    Full Text Available This paper explores the relationship between the research for and development of vaccines against global pandemics and insurance. It shows that development in advance of pandemics of a portfolio of effective and government-approved vaccines does have some insurance properties: it requires incurring costs that are certain (the costs of discovering, developing, and testing vaccines in return for protection against large losses (if a pandemic treatable with one of the vaccines occurs but also with the possibility of no benefit (from a vaccine against a disease that never reaches the pandemic stage. It then argues that insurance against the latter event might usefully be offered to organizations developing vaccines, and explores the benefits of insurance payments to or on behalf of countries who suffer from unpredictable pandemics. These ideas are then related to recent government, industry, and philanthropic efforts to develop better policies to make vaccines against pandemics available on a timely basis.

  13. Group life insurance

    CERN Multimedia

    2013-01-01

    The CERN Administration wishes to inform staff members and fellows having taken out optional life insurance under the group contract signed by CERN that the following changes to the rules and regulations entered into force on 1 January 2013:   The maximum age for an active member has been extended from 65 to 67 years. The beneficiary clause now allows insured persons to designate one or more persons of their choice to be their beneficiary(-ies), either at the time of taking out the insurance or at a later date, in which case the membership/modification form must be updated accordingly. Beneficiaries must be clearly identified (name, first name, date of birth, address).   The membership/modification form is available on the FP website: http://fp.web.cern.ch/helvetia-life-insurance For further information, please contact: Valentina Clavel (Tel. 73904) Peggy Pithioud (Tel. 72736)

  14. 30 CFR 219.416 - How will the qualified OCS revenues be allocated to coastal political subdivisions within the...

    Science.gov (United States)

    2010-07-01

    ... population bears to the population of all coastal political subdivisions in the producing State; (b) Twenty... allocated to coastal political subdivisions within the Gulf producing States? 219.416 Section 219.416... DISTRIBUTION AND DISBURSEMENT OF ROYALTIES, RENTALS, AND BONUSES Oil and Gas, Offshore § 219.416 How will the...

  15. 77 FR 8287 - Quad/Graphics, a Subdivision of Quad Graphics, Inc., Including On-Site Leased Workers From SPS...

    Science.gov (United States)

    2012-02-14

    ... Employment and Training Administration Quad/Graphics, a Subdivision of Quad Graphics, Inc., Including On-Site... filed on March 15, 2011, on behalf of workers of Quad/Graphics, a Subdivision of Quad Graphics, Inc... (TA-W-73,441G) applicable to workers and former workers of Quad Graphics, Inc., a wholly-owned...

  16. Influence of unilateral maxillary first molar extraction treatment on second and third molar inclination in Class II subdivision patients

    NARCIS (Netherlands)

    Livas, Christos; Pandis, Nikolaos; Booij, Johan Willem; Halazonetis, Demetrios J.; Katsaros, Christos; Ren, Yijin

    Objective: To assess the maxillary second molar (M2) and third molar (M3) inclination following orthodontic treatment of Class II subdivision malocclusion with unilateral maxillary first molar (M1) extraction. Materials and Methods: Panoramic radiographs of 21 Class II subdivision adolescents (eight

  17. 77 FR 49089 - High-Cost Mortgage and Homeownership Counseling Amendments to the Truth in Lending Act...

    Science.gov (United States)

    2012-08-15

    ... appraisals for higher-risk mortgages, appraisal management companies, and automated valuation models... free copy of written appraisals and valuations developed in connection with applications for loans...

  18. Does Becoming a Member of the Football Bowl Subdivision Increase Institutional Attractiveness to Potential Students

    Science.gov (United States)

    Jones, Willis A.

    2014-01-01

    In recent years, a number of colleges and universities have made the decision to pursue membership in the NCAA's Football Bowl Subdivision (FBS) with the idea that participating in higher profile intercollegiate football can help attract students to their institution. This belief, however, has not been empirically examined. Using…

  19. Effects of subdivision and access restrictions on private land recreation opportunities

    Science.gov (United States)

    H. Ken Cordell; Donald B.K. English; Sharon A. Randall

    1993-01-01

    Continuing conversion of woodlands, greater restrictions on recreational access, and subdivision are trends seeming to have important implicaitons for future public recreation supply. The nature of these implicaitons has not been adequately explored in previous research, a void that has led to questions about the actual effects these factors have on future recreational...

  20. 46 CFR 46.10-40 - Nonsubmergence subdivision load line (Great Lakes).

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Nonsubmergence subdivision load line (Great Lakes). 46.10-40 Section 46.10-40 Shipping COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED) LOAD LINES... (Great Lakes). (a) Passenger vessels on the Great Lakes of 150 gross tons or over shall not submerge the...

  1. 24 CFR 1715.50 - Advertising disclaimers; subdivisions registered and effective with HUD.

    Science.gov (United States)

    2010-04-01

    ...-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (INTERSTATE LAND SALES... 24 Housing and Urban Development 5 2010-04-01 2010-04-01 false Advertising disclaimers; subdivisions registered and effective with HUD. 1715.50 Section 1715.50 Housing and Urban Development...

  2. 24 CFR 1710.15 - Regulatory exemption-multiple site subdivision-determination required.

    Science.gov (United States)

    2010-04-01

    ... HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (INTERSTATE LAND SALES REGISTRATION... 24 Housing and Urban Development 5 2010-04-01 2010-04-01 false Regulatory exemption-multiple site subdivision-determination required. 1710.15 Section 1710.15 Housing and Urban Development Regulations Relating...

  3. Verrucomicrobia subdivision 1 strains display a difference in the colonization of the leek (Allium porrum) rhizosphere

    NARCIS (Netherlands)

    da Rocha, Ulisses Nunes; van Elsas, Jan Dirk; van Overbeek, Leonard Simon

    2011-01-01

    Strains CHC12 and CHC8, belonging to, respectively, Luteolibacter and Candidatus genus Rhizospheria (Verrucomicrobia subdivision 1), were recently isolated from the leek rhizosphere. The key question addressed in this study was: does attraction to and colonization of the rhizosphere occur in the

  4. Organization of development of plans of a production association and participation of enterprises and their subdivisions

    Energy Technology Data Exchange (ETDEWEB)

    Gubenko, I.V.

    1982-01-01

    Experimental development of plans with participation of enterprises and their subdivisions is presented. The method of determining the intensity of the plans of the drilling enterprises is revealed. Data are presented on the use of a computer to develop a technical-industrial financial plan of the enterprise and association.

  5. Manûtu ša Bābili = the Babylonian subdivision of the mina

    NARCIS (Netherlands)

    van der Spek, R.J.

    A new interpretation of the term Manûtu ša Bābili is presented here. It is not the exchange rate between shekels and drachmas, as was generally assumed, but it is the Babylonian subdivision ("counting") of the mina as opposed to the Greek mina. A Babylonian mina counts 30 staters, a Greek mina 25

  6. Simple Derivation of the Lifetime and the Distribution of Faces for a Binary Subdivision Model

    CERN Document Server

    Hayashi, Yukio

    2015-01-01

    The iterative random subdivision of rectangles is used as a generation model of networks in physics, computer science, and urban planning. However, these researches were independent. We consider some relations in them, and derive fundamental properties for the average lifetime depending on birth-time and the balanced distribution of rectangle faces.

  7. ENDOWMENT LIFE INSURANCE

    Directory of Open Access Journals (Sweden)

    Zeljko Sain

    2013-06-01

    Full Text Available The aim of the paper that treats the actuarial model of insurance in case of survival or early death is to show the actuarial methods and methodology for creating a model and an appropriate number of sub-models of the most popular form of life insurance in the world. The paper applies the scientific methodology of the deductive character based on scientific, theoretical knowledge and practical realities. Following the basic theoretical model’s determinants, which are at the beginning of the paper, the basic difference between models further in this paper was carried out according to the character of the premium to be paid. Finally, the financial repercussions of some models are presented at examples in insurance companies. The result of this paper is to show the spectrum of possible forms of capital endowment insurance which can be, without major problems, depending on the financial policy of the company, applied in actual practice. The conclusion of this paper shows the theoretical and the practical reality of this model, life insurance, and its quantitative and qualitative guidelines.

  8. Group Life Insurance

    CERN Document Server

    2013-01-01

    The CERN Administration would like to remind you that staff members and fellows have the possibility to take out a life insurance contract on favourable terms through a Group Life Insurance.   This insurance is provided by the company Helvetia and is available to you on a voluntary basis. The premium, which varies depending on the age and gender of the person insured, is calculated on the basis of the amount of the death benefit chosen by the staff member/fellow and can be purchased in slices of 10,000 CHF.    The contract normally ends at the retirement age (65/67 years) or when the staff member/fellow leaves the Organization. The premium is deducted monthly from the payroll.   Upon retirement, the staff member can opt to maintain his membership under certain conditions.   More information about Group Life Insurance can be found at: Regulations (in French) Table of premiums The Pension Fund Benefit Service &...

  9. Serbian insurance market: Select issues

    Directory of Open Access Journals (Sweden)

    Obadović Mirjana M.

    2010-01-01

    Full Text Available Every day insurance companies face a number of risks arising from the insurance industry itself, as well as risks arising from insurance company operations. In this constant fight against risks insurance companies use different models and methods that help them better understand, have a more comprehensive view of, and develop greater tolerance towards risks, in order to reduce their exposure to these risks. The model presented in this paper has been developed for implementation in insurance risk management directly related to insurance company risk, i.e. it is a model that can reliably determine the manner and intensity with which deviations in the initial insurance risk assessment affect insurance company operations, in the form of changes in operational risks and consequently in insurance companies’ business strategies. Additionally we present the implementation of the model in the Serbian market for the period 2005-2010.

  10. Dental insurance! Are we ready?

    Directory of Open Access Journals (Sweden)

    Ravi SS Toor

    2011-01-01

    Full Text Available Dental insurance is insurance designed to pay the costs associated with dental care. The Foreign Direct Investment (FDI bill which was put forward in the winter session of the Lok Sabha (2008 focused on increasing the foreign investment share from the existing 26% to 49% in the insurance companies of India. This will allow the multibillion dollar international insurance companies to enter the Indian market and subsequently cover all aspects of insurance in India. Dental insurance will be an integral a part of this system. Dental insurance is a new concept in Southeast Asia as very few countries in Southeast Asia cover this aspect of insurance. It is important that the dentists in India should be acquainted with the different types of plans these companies are going to offer and about a new relationship which is going to emerge in the coming years between dentist, patient and the insurance company.

  11. CURRENT CHANGES ON INSURANCE MARKET

    Directory of Open Access Journals (Sweden)

    Madalina Giorgiana MANGRA

    2016-12-01

    Full Text Available The offer of insurance products is about the requirements and needs of the consumer who must always have information regarding: the type of insurance risk covered and the excluded risks, the sum insured, the payment of premiums and their duration. The accurate information of customer requires, from the commencement of contract and throughout its duration, that he or she is aware of the obligations throughout the contractual period. Most of the Romanians are turning their attention to one of the insurance companies found in the top 10 in 2016, supervised by F.S.A. (Financial Supervision Authority, preferring to have a policy of mandatory household and goods insurance, auto liability or life insurance, but are also interested in travel health insurance when going abroad, private health insurance or private pension insurance. Romanians' reluctance regarding the conclusion of an insurance comes from their distrust in insurance companies (see the situations of companies like Astra Insurance, Carpatica Insurance etc., their personal financial situation and the fear that they will not receive protection if the risk is covered but the insured sum is insufficient

  12. Lectures on insurance models

    CERN Document Server

    Ramasubramanian, S

    2009-01-01

    Insurance has become a necessary aspect of modern society. The mathematical basis of insurance modeling is best expressed in terms of continuous time stochastic processes. This introductory text on actuarial risk theory deals with the Cramer-Lundberg model and the renewal risk model. Their basic structure and properties, including the renewal theorems as well as the corresponding ruin problems, are studied. There is a detailed discussion of heavy tailed distributions, which have become increasingly relevant. The Lundberg risk process with investment in risky asset is also considered. This book will be useful to practitioners in the field and to graduate students interested in this important branch of applied probability.

  13. Guide for subdivision of spent fuel pool. Project UNESA MAAP5-SFP; Guia para subdivision de la piscina de combustible gastado. Proyecto UNESA MAAP5-SFP

    Energy Technology Data Exchange (ETDEWEB)

    Martinez Barrios, M.; Garcia Gonzalez, M.; Perez Martin, F. J.

    2013-07-01

    The main goal of the UNESA MAAP5-SFP project is to analyze the capabilities of MAAP5 code and, particularly, the Spent Fuel Pool (SFP) module in order to tackle its modeling and facilitate the development of specific SFP models of Spanish NPPs. Within the project, Empresarios Agrupados (EEAA) is the responsible for the development of the Guide for the subdivision of the Spent Fuel Pool (SFP). This Guide includes a theoretical description of the model that is used by the code and a sequence of practical cases with the aim to evaluate the influence of specific parameters.

  14. Mortgage loans: an analysis of the portfolios of the largest banks in Brazil

    Directory of Open Access Journals (Sweden)

    Bruno Vinícius Ramos Fernandes

    2013-05-01

    Full Text Available Given the current macroeconomic environment experienced in Brazil, where inflation has stabilized and the basic interest rate of the economy is in one of their historical lows, demand for mortgages is increasing. In this context, the mortgage is presented with great emphasis to meet the demand for purchasing housing in addition to being a catalyst for the reduction of the high housing deficit. From a descriptive and empirical-analytic was analyzed the mortgage loan portfolio of the largest banks of the country between the years 2001 and 2010 through Quarterly Financial Information (IFT available on the Central Bank website. It was settled a comparative relationship between the data in order to check the development of mortgage portfolios over the years and the factors that influenced this evolution, and evaluate the timeliness and quality of those loans. For the evolution of the portfolio there was an economic context in which Brazil was included in the period, and observed that for most of these operations are long term the banks are more exposed to market risk. With regard to credit risk parse that, over the years, Brazilian banks are presenting a mortgage loan portfolio with lower risk, and it is found that institutions with real estate credits with higher levels of portfolio risk are subject to have higher losses on such operations in the possibility of default.

  15. Early warning system for potential churners among mortgage customers

    Science.gov (United States)

    Irpan, Hamidah Muhd; Aidid, Sharifah Sakinah Syed Hassan; Mohmad, Sarahiza; Ibrahim, Noorazilah

    2014-07-01

    Retaining existing customer is a major task for many companies because cost to acquire new customers is higher than retaining existing customers. For mortgage business in Bank X, customer relationship management plays a big role to understand their customers' profile and churners so that suitable action can be done to retain their potential churners. Objectives of this study are (1) understanding their customers' profile and churners, (2) modeling potential churners using neural network model and (3) to deploy the model to identify potential churners. Data was divided into two parts: sampling (67,470 cases) and scoring (4,488 cases). Analysis was done using SAS Enterprise Miner. Dependent variable is churner/non churner while independent variables are balance and amount of loan, interest rate offered installment amount, loan performance, months in arrear, vintage, tenure, age, race and gender. Potential churners were identified as Malays, followed by Indian, other races and Chinese. Nonperforming loan and male customers tend to churn compared to performing loan and female customers. Younger customers with small loan amount, balance and monthly instalment, higher interest rate, have many months in arrears, longer vintage and tenure have higher tendency to churn from Bank X. Hence, Bank X should focus on the potential churners for their campaign to minimize the expenses of retaining existing customers by doing an effective campaign with high successful rate.

  16. Clinical trial insurance in Serbia

    Directory of Open Access Journals (Sweden)

    Žagar Zlatko A.

    2015-01-01

    Full Text Available Prior the commencement of the clinical trial in Serbia the Sponsor is obliged to provide the insurance policy covering the patient's bodily injury and damaged health caused by the clinical trial. According to provisions of Serbian Insurance law insurance polices have to be issued by the insurance companies established in Serbia. Every insurance policy not issued by the insurance company established in Serbia shall be deemed as null and void. The only expectance, is when the foreign clinical trial liability policy is stipulated that the insurance contract acknowledges the jurisdiction of Serbian domestic courts and other Serbian authorities to decide on damage claims (that never happened in Serbian practice. The Sponsor will fulfill this obligation stipulated in Serbian law when provides the Clinical Trial Liability policy issued by the Serbian insurance company. Nowadays, few of Serbian insurance companies are issuing such polices. Under the clinical trial liability insurance cover the insured's are: Sponsor, Medical Centers in Serbia performing or controlling the clinical trial, Principal Investigators and their assistant staff performing or controlling the clinical trial. The beneficiaries of the insurance cover are patients and/or members of their families - inheritresses. The insurance company will indemnify the beneficiary mentioned in the policy when the insured event occurred i.e. when occurred bodily injury, psychic disease and alienation, psychic damages, illnesses and deaths caused by the clinical trial. The amount of indemnity by the insurance company to the beneficiaries is limited by the amount of sum insured per occurrence and/or by the total amount of the sum insured for the total period of the insurance cover. According to case-law in Serbia the total sum insured between EUR 500.000 and EUR 1.000.000 is considered as sufficient so far to indemnify the patients in case of the insured event. If an insurance event occurs the

  17. B.O.P., Inc.: A Simulated Mortgage and Loan Office: Exemplary Project in Vocational Education: Student's Manual.

    Science.gov (United States)

    Bingham County Career Education, Blackfoot, ID.

    BOP, Inc. is a mobile educational service that places the student in a simulated mortgage and loan office to provide a realistic office learning environment. The student manual opens with a brief reference information section on: the purposes of an office simulation, an explanation of a mortgage loan office, an outline of normal business…

  18. Who wants to have their home and eat it too? : Interest in reverse mortgages in the Netherlands

    NARCIS (Netherlands)

    Dillingh, Rik; Prast, Henriette; Rossi, Mariacristina; Brancati, Cesira Urzi

    2017-01-01

    We carry out an empirical analysis to assess the level of interest in reverse mortgages in the Netherlands. Our results indicate that among Dutch homeowners there is substantial potential interest in reverse mortgages, especially for the purpose of being able to live more comfortably and not worry

  19. 12 CFR Appendix K to Part 226 - Total Annual Loan Cost Rate Computations for Reverse Mortgage Transactions

    Science.gov (United States)

    2010-01-01

    ... Reverse Mortgage Transactions K Appendix K to Part 226 Banks and Banking FEDERAL RESERVE SYSTEM (CONTINUED) BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM TRUTH IN LENDING (REGULATION Z) Pt. 226, App. K Appendix K to Part 226—Total Annual Loan Cost Rate Computations for Reverse Mortgage Transactions (a...

  20. 78 FR 62993 - Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act (Regulation...

    Science.gov (United States)

    2013-10-23

    ... adjustment notices to mortgage borrowers, as well as engage in early intervention when borrowers become..., such as account numbers or social security numbers, should not be included. Comments will not be edited... issued several final rules concerning mortgage markets in the United States pursuant to the Dodd-Frank...

  1. 78 FR 6855 - High-Cost Mortgage and Homeownership Counseling Amendments to the Truth in Lending Act...

    Science.gov (United States)

    2013-01-31

    ... the universe of loans potentially covered by HOEPA. Under the final rule, most types of mortgage loans... universe of loans potentially covered by HOEPA to include most types of mortgage loans secured by a... each other's provisions or by adopting parallel provisions. Thus, adopting some of those amendments...

  2. 78 FR 25638 - Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedure Act (Regulation...

    Science.gov (United States)

    2013-05-02

    ... January 17, 2013, the Bureau issued Mortgage Servicing Rules Under the Real Estate Settlement Procedures... Amendments to the Real Estate Settlement Procedures Act (Regulation X) (2013 HOEPA Final Rule).\\6\\ On January... PROTECTION 12 CFR Parts 1024 and 1026 RIN 3170-AA37 Amendments to the 2013 Mortgage Rules Under the Real...

  3. 26 CFR 1.67-3T - Allocation of expenses by real estate mortgage investment conduits (temporary).

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 2 2010-04-01 2010-04-01 false Allocation of expenses by real estate mortgage... Income, Adjusted Gross Income, and Taxable Income § 1.67-3T Allocation of expenses by real estate... real estate mortgage investment conduit or REMIC (as defined in section 860D) shall allocate to each of...

  4. 26 CFR 1.6081-7 - Automatic extension of time to file Real Estate Mortgage Investment Conduit (REMIC) income tax...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 13 2010-04-01 2010-04-01 false Automatic extension of time to file Real Estate... Time for Filing Returns § 1.6081-7 Automatic extension of time to file Real Estate Mortgage Investment Conduit (REMIC) income tax return. (a) In general. A Real Estate Mortgage Investment Conduit (REMIC...

  5. 77 FR 29363 - Wells Fargo Bank, N.A. Subsidiary of Wells Fargo & Company Home Mortgage Division Including On...

    Science.gov (United States)

    2012-05-17

    ... workers of Wells Fargo Bank, N.A., Subsidiary of Wells Fargo & Company, Home Mortgage Division, including... Employment and Training Administration Wells Fargo Bank, N.A. Subsidiary of Wells Fargo & Company Home Mortgage Division Including On-Site Leased Workers From Aerotek, Inc., Employee Relations Associates...

  6. Insurance, risk, and magical thinking.

    Science.gov (United States)

    Tykocinski, Orit E

    2008-10-01

    The possession of an insurance policy may not only affect the severity of a potential loss but also its perceived probability. Intuitively, people may feel that if they are insured nothing bad is likely to happen, but if they do not have insurance they are at greater peril. In Experiment 1, respondents who were reminded of their medical insurance felt they were less likely to suffer health problems in the future compared to people who were not reminded of their medical insurance. In Experiment 2a, participants who were unable to purchase travel insurance judged the probability of travel-related calamities higher compared to those who were insured. These results were replicated in Experiment 3a in a simulation of car accident insurance. The findings are explained in terms of intuitive magical thinking, specifically, the negative affective consequences of "tempting fate" and the sense of safety afforded by the notion of "being covered."

  7. INSURANCE REQUIREMENTS ANDPRACTICES OF ETHIOPIA'S ...

    African Journals Online (AJOL)

    as a social device providing financial compensation for the effects of ... personal injuries and property darn!lge in the world ... business witlloct suficient cover of insurance. The aim of this ... The development of insurance has also its own part.

  8. HOUSING INSURANCE IN ROMANIA

    Directory of Open Access Journals (Sweden)

    FLOREA IANC MARIA MIRABELA

    2014-12-01

    Full Text Available Last few years have shown that Romania is not protected from the consequences of climate change. It is clear that type flood events may cause social problems and losses is difficult financing from public resources, especially in the context of the existence of budget constraints. The only viable system to cope with such disasters is insurance system that has the ability to spread risks by reinsurance Natural disasters - earthquakes, floods, landslides - are just some of the risks that may threaten your home. And if natural disasters can seem distant danger, think as fires, floods caused by broken pipes or theft of household goods are trouble can happen anytime to anyone. To protect yourself in such unpleasant situations, whose frequency is unfortunately on the rise, it is necessary to be assured. Thus, you will be able to recover losses in the event that they occur. The house is undoubtedly one of the most important assets we own. Therefore, the Romans began to pay increasingly more attention to domestic insurance products. Since 2011, voluntary home insurance, life insurance with, were the most dynamic segments of the market.

  9. Unemployment Insurance and Inequality

    DEFF Research Database (Denmark)

    Larsen, Birthe; Waisman, Gisela

    educated workers receive a lower fraction of their wages as unemployment insurance, we consider how the impact on labour market performance and wage differences and thereby inequality differ dependent on whether educated or uneducated workers receive higher benefits. The model can help shed light...

  10. Constant Proportion Portfolio Insurance

    DEFF Research Database (Denmark)

    Jessen, Cathrine

    2014-01-01

    insurance largely died with the crash of 1987, but CPPI is still going strong. In the frictionless markets of finance theory, the issuer’s strategy to hedge its liability under the contract is clear, but in the real world with transactions costs and stochastic jump risk, the optimal strategy is less obvious...

  11. INSURANCE REQUIREMENTS ANDPRACTICES OF ETHIOPIA'S ...

    African Journals Online (AJOL)

    The principles of insurance and types of insurance policies in construCtion industry in general is discussed. The status of consultants and contractors in Ethiopian construction sector is briefly reviewed. Questionnaires were designed to preliminary assess whether relevant insurance policies are bought by contracting and ...

  12. 46 CFR Sec. 13 - Insurance.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Insurance. Sec. 13 Section 13 Shipping MARITIME... REPAIRS UNDER NATIONAL SHIPPING AUTHORITY MASTER LUMP SUM REPAIR CONTRACT-NSA-LUMPSUMREP Sec. 13 Insurance... respect to awarded work. Said Article 9 requires that the Contractor shall maintain insurance to cover...

  13. Insurance for Your EDP Operation

    Science.gov (United States)

    Zaiden, Dennis J.

    1973-01-01

    Describes EDP (electronic data processing) insurance, which provides coverage for such things as the loss of computer programs and accumulated transaction data, and the consequences of an interruption in processing. Discusses what is and is not covered by EDP insurance, how to plan for EDP insurance, the amount of coverage to get, and how to avoid…

  14. Premium Forecasting of an Insurance Company: Automobile Insurance

    OpenAIRE

    Fouladvand, M. Ebrahim; Darooneh, Amir H.

    2002-01-01

    We present an analytical study of an insurance company. We model the company's performance on a statistical basis and evaluate the predicted annual income of the company in terms of insurance parameters namely the premium, total number of the insured, average loss claims etc. We restrict ourselves to a single insurance class the so-called automobile insurance. We show the existence a crossover premium p_c below which the company is loss-making. Above p_c, we also give detailed statistical ana...

  15. Mortgage debt as a moderator in the association between unemployment and health.

    Science.gov (United States)

    Lau, C; Leung, L A

    2014-03-01

    While homeownership is generally viewed as good for society, the consequences of the concomitant mortgage debt have not been well examined. This study investigates the role of mortgage debt as a moderator in the relationship between unemployment and health. A cross-sectional analysis of a representative sample of US homeowners aged 38-46 surveyed in 1998-2006. Subjects were 3667 adults living in owned homes aged 38-46 who reported being either employed or unemployed. Logistic models were performed using maximum likelihood estimation to estimate the relative risk of self-reporting fair or poor health with regard to employment status and how employment status interacted with mortgage status. Among homeowners, being unemployed for more than 13 weeks with a mortgage is associated with a higher likelihood of reporting fair or poor health (odds ratio 2.38, 95% confidence interval 1.28-4.45). Being unemployed for more than 13 weeks with a mortgage loan that is more than 80% of the value of the home is associated with a greater likelihood of reporting fair or poor health (odds ratio 8.99, 95% confidence interval 2.50-32.29). Among homeowners, mortgage debt increases the association between unemployment and poor health. In an economy where periods of high unemployment are likely to coincide with periods of falling home prices, homeowners may find themselves unemployed just when their homes lose value, intensifying financial stress. Copyright © 2013 The Royal Society for Public Health. Published by Elsevier Ltd. All rights reserved.

  16. Subdivision of Holocene Baltic sea sediments by their physical properties [Gliederung holozaner ostseesedimente nach physikalischen Eigenschaften

    Science.gov (United States)

    Harff, Jan; Bohling, G.C.; Endler, R.; Davis, J.C.; Olea, R.A.

    1999-01-01

    The Holocene sediment sequence of a core taken within the centre of the Eastern Gotland Basin was subdivided into 12 lithostratigraphic units based on MSCL-data (sound velocity, wet bulk density, magnetic susceptibility) using a multivariate classification method. The lower 6 units embrace the sediments until the Litorina transgression, and the upper 6 units subdivide the brackish-marine Litorina- and post-Litorina sediments. The upper lithostratigraphic units reflect a change of anoxic (laminated) and oxic (non-laminated) sediments. By application of a numerical stratigraphic correlation method the zonation was extended laterally onto contiguous sediment cores within the central basin. Consequently the change of anoxic and oxic sediments can be used for a general lithostratigraphic subdivision of sediments of the Gotland Basin. A quantitative criterion based on the sediment-physical lithofacies is added to existing subdivisions of the Holocene in the Baltic Sea.

  17. Dopaminergic basis for impairments in functional connectivity across subdivisions of the striatum in Parkinson's disease.

    Science.gov (United States)

    Bell, Peter T; Gilat, Moran; O'Callaghan, Claire; Copland, David A; Frank, Michael J; Lewis, Simon J G; Shine, James M

    2015-04-01

    The pathological hallmark of Parkinson's disease is the degeneration of dopaminergic nigrostriatal neurons, leading to depletion of striatal dopamine. Recent neuroanatomical work has identified pathways for communication across striatal subdivisions, suggesting that the striatum provides a platform for integration of information across parallel corticostriatal circuits. The aim of this study was to investigate whether dopaminergic dysfunction in Parkinson's disease was associated with impairments in functional connectivity across striatal subdivisions, which could potentially reflect reduced integration across corticostriatal circuits. Utilizing resting-state functional magnetic resonance imaging (fMRI), we analyzed functional connectivity in 39 patients with Parkinson's disease, both "on" and "off" their regular dopaminergic medications, along with 40 age-matched healthy controls. Our results demonstrate widespread impairments in connectivity across subdivisions of the striatum in patients with Parkinson's disease in the "off" state. The administration of dopaminergic medication significantly improved connectivity across striatal subdivisions in Parkinson's disease, implicating dopaminergic deficits in the pathogenesis of impaired striatal interconnectivity. In addition, impaired striatal interconnectivity in the Parkinson's disease "off" state was associated with pathological decoupling of the striatum from the thalamic and sensorimotor (SM) networks. Specifically, we found that although the strength of striatal interconnectivity was positively correlated with both (i) the strength of internal thalamic connectivity, and (ii) the strength of internal SM connectivity, in both healthy controls and the Parkinson's disease "on" state, these relationships were absent in Parkinson's disease when in the "off" state. Taken together our findings emphasize the central role of dopamine in integrated striatal function and the pathological consequences of striatal dopamine

  18. Contagion in International Stock Markets during the Sub Prime Mortgage Crisis

    Directory of Open Access Journals (Sweden)

    Hsien-Yi Lee

    2012-01-01

    Full Text Available The sub prime mortgages crises took place in July, 2007 in US which causes the large scare in the global financial markets, and the international stock and foreign market suffer heavy shock. Using twenty international stock indexes, this study examines whether any contagion effect occurred across international markets after the sub-prime financial mortgage crisis in US. Using the heteroscedasticity biases based on correlation coefficients to examine the existence of the contagion effect, this study shows that stock markets of some countries (namely Hong Kong, Taiwan, Australia and New Zealand did suffer from the contagion effect.

  19. A boundary PDE feedback control approach for the stabilization of mortgage price dynamics

    Science.gov (United States)

    Rigatos, G.; Siano, P.; Sarno, D.

    2017-11-01

    Several transactions taking place in financial markets are dependent on the pricing of mortgages (loans for the purchase of residences, land or farms). In this article, a method for stabilization of mortgage price dynamics is developed. It is considered that mortgage prices follow a PDE model which is equivalent to a multi-asset Black-Scholes PDE. Actually it is a diffusion process evolving in a 2D assets space, where the first asset is the house price and the second asset is the interest rate. By applying semi-discretization and a finite differences scheme this multi-asset PDE is transformed into a state-space model consisting of ordinary nonlinear differential equations. For the local subsystems, into which the mortgage PDE is decomposed, it becomes possible to apply boundary-based feedback control. The controller design proceeds by showing that the state-space model of the mortgage price PDE stands for a differentially flat system. Next, for each subsystem which is related to a nonlinear ODE, a virtual control input is computed, that can invert the subsystem's dynamics and can eliminate the subsystem's tracking error. From the last row of the state-space description, the control input (boundary condition) that is actually applied to the multi-factor mortgage price PDE system is found. This control input contains recursively all virtual control inputs which were computed for the individual ODE subsystems associated with the previous rows of the state-space equation. Thus, by tracing the rows of the state-space model backwards, at each iteration of the control algorithm, one can finally obtain the control input that should be applied to the mortgage price PDE system so as to assure that all its state variables will converge to the desirable setpoints. By showing the feasibility of such a control method it is also proven that through selected modification of the PDE boundary conditions the price of the mortgage can be made to converge and stabilize at specific

  20. Mortgages, seniors and the common law contractual doctrine of mental incapacity in Australia.

    Science.gov (United States)

    Burns, Fiona

    2011-01-01

    Seniors in Australia are being called upon to mortgage their most precious economic asset, the family home. They may be asked to guarantee the liabilities of other family members by providing a mortgage-based guarantee or they may decide to enter into a reverse mortgage to supplement financially their savings and pensions. As the family home is the single most valuable asset for most older Australians, the creation of any obligations in regard to it ought to be undertaken with care and vigilance. While seniors are free to create mortgage, they may lack the capacity to understand the legal ramifications of these complex transactions or be unable to protect their interests when entering into them. It is not suggested that older Australians necessarily suffer a lack of contractual capacity. Many seniors are more than able to take care of their interests and assets. However, some seniors do suffer cognitive impairment which adversely affects their capacity to act in their best interests and to navigate the complexities of contractual relations. In contract and mortgage law, this raises the issue of mental incapacity. For centuries, the common law has recognized not only that mentally incapacitated people exist, but that they may enter into contracts such as mortgage and may later wish to have the mortgage set aside. The present formulation of the contractual doctrine of mental incapacity is the product of 19th century jurisprudence in which the courts framed the doctrine to accommodate commercial dealing rather than the interests of persons who lacked the necessary mental capacity. Accordingly, the doctrine has been very difficult to rely on successfully when challenging mortgages made by persons lacking capacity. Therefore, Australian litigators and courts alike have sought to deal with mental incapacity issues in the contractual context by using and modifying other doctrines (such as non est factum, undue influence and unconscionable dealing) in which the issue of

  1. Zinc-finger genes Fez and Fez-like function in the establishment of diencephalon subdivisions.

    Science.gov (United States)

    Hirata, Tsutomu; Nakazawa, Masato; Muraoka, Osamu; Nakayama, Rika; Suda, Yoko; Hibi, Masahiko

    2006-10-01

    Fez and Fez-like (Fezl) are zinc-finger genes that encode transcriptional repressors expressed in overlapping domains of the forebrain. By generating Fez;Fezl-deficient mice we found that a redundant function of Fez and Fezl is required for the formation of diencephalon subdivisions. The caudal forebrain can be divided into three transverse subdivisions: prethalamus (also called ventral thalamus), thalamus (dorsal thalamus) and pretectum. Fez;Fezl-deficient mice showed a complete loss of prethalamus and a strong reduction of the thalamus at late gestation periods. Genetic marker analyses revealed that during early diencephalon patterning in Fez;Fezl-deficient mice, the rostral diencephalon (prospective prethalamus) did not form and the caudal diencephalon (prospective thalamus and pretectum) expanded rostrally. Fez;Fezl-deficient mice also displayed defects in the formation of the zona limitans intrathalamica (ZLI), which is located on the boundary between the prethalamus and thalamus. Fez and Fezl are expressed in the region rostral to the rostral limit of Irx1 expression, which marks the prospective position of the ZLI. Transgene-mediated misexpression of Fezl or Fez caudal to the ZLI repressed the caudal diencephalon fate and affected the formation of the Shh-expressing ZLI. These data indicate that Fez and Fezl repress the caudal diencephalon fate in the rostral diencephalon, and ZLI formation probably depends on Fez/Fezl-mediated formation of diencephalon subdivisions.

  2. Integration and management of massive remote-sensing data based on GeoSOT subdivision model

    Science.gov (United States)

    Li, Shuang; Cheng, Chengqi; Chen, Bo; Meng, Li

    2016-07-01

    Owing to the rapid development of earth observation technology, the volume of spatial information is growing rapidly; therefore, improving query retrieval speed from large, rich data sources for remote-sensing data management systems is quite urgent. A global subdivision model, geographic coordinate subdivision grid with one-dimension integer coding on 2n-tree, which we propose as a solution, has been used in data management organizations. However, because a spatial object may cover several grids, ample data redundancy will occur when data are stored in relational databases. To solve this redundancy problem, we first combined the subdivision model with the spatial array database containing the inverted index. We proposed an improved approach for integrating and managing massive remote-sensing data. By adding a spatial code column in an array format in a database, spatial information in remote-sensing metadata can be stored and logically subdivided. We implemented our method in a Kingbase Enterprise Server database system and compared the results with the Oracle platform by simulating worldwide image data. Experimental results showed that our approach performed better than Oracle in terms of data integration and time and space efficiency. Our approach also offers an efficient storage management system for existing storage centers and management systems.

  3. A Subdivision Method to Unify the Existing Latitude and Longitude Grids

    Directory of Open Access Journals (Sweden)

    Chengqi Cheng

    2016-09-01

    Full Text Available As research on large regions of earth progresses, many geographical subdivision grids have been established for various spatial applications by different industries and disciplines. However, there is no clear relationship between the different grids and no consistent spatial reference grid that allows for information exchange and comprehensive application. Sharing and exchange of data across departments and applications are still at a bottleneck. It would represent a significant step forward to build a new grid model that is inclusive of or compatible with most of the existing geodesic grids and that could support consolidation and exchange within existing data services. This study designs a new geographical coordinate global subdividing grid with one dimension integer coding on a 2n tree (GeoSOT that has 2n coordinate subdivision characteristics (global longitude and latitude subdivision and can form integer hierarchies at degree, minute, and second levels. This grid has the multi-dimensional quadtree hierarchical characteristics of a digital earth grid, but also provides good consistency with applied grids, such as those used in mapping, meteorology, oceanography and national geographical, and three-dimensional digital earth grids. No other existing grid codes possess these characteristics.

  4. Large Scale Isosurface Bicubic Subdivision-Surface Wavelets for Representation and Visualization

    Energy Technology Data Exchange (ETDEWEB)

    Bertram, M.; Duchaineau, M.A.; Hamann, B.; Joy, K.I.

    2000-01-05

    We introduce a new subdivision-surface wavelet transform for arbitrary two-manifolds with boundary that is the first to use simple lifting-style filtering operations with bicubic precision. We also describe a conversion process for re-mapping large-scale isosurfaces to have subdivision connectivity and fair parameterizations so that the new wavelet transform can be used for compression and visualization. The main idea enabling our wavelet transform is the circular symmetrization of the filters in irregular neighborhoods, which replaces the traditional separation of filters into two 1-D passes. Our wavelet transform uses polygonal base meshes to represent surface topology, from which a Catmull-Clark-style subdivision hierarchy is generated. The details between these levels of resolution are quickly computed and compactly stored as wavelet coefficients. The isosurface conversion process begins with a contour triangulation computed using conventional techniques, which we subsequently simplify with a variant edge-collapse procedure, followed by an edge-removal process. This provides a coarse initial base mesh, which is subsequently refined, relaxed and attracted in phases to converge to the contour. The conversion is designed to produce smooth, untangled and minimally-skewed parameterizations, which improves the subsequent compression after applying the transform. We have demonstrated our conversion and transform for an isosurface obtained from a high-resolution turbulent-mixing hydrodynamics simulation, showing the potential for compression and level-of-detail visualization.

  5. Optimal Synthesis of Compliant Mechanisms using Subdivision and Commercial FEA (DETC2004-57497)

    Science.gov (United States)

    Hull, Patrick V.; Canfield, Stephen

    2004-01-01

    The field of distributed-compliance mechanisms has seen significant work in developing suitable topology optimization tools for their design. These optimal design tools have grown out of the techniques of structural optimization. This paper will build on the previous work in topology optimization and compliant mechanism design by proposing an alternative design space parameterization through control points and adding another step to the process, that of subdivision. The control points allow a specific design to be represented as a solid model during the optimization process. The process of subdivision creates an additional number of control points that help smooth the surface (for example a C(sup 2) continuous surface depending on the method of subdivision chosen) creating a manufacturable design free of some traditional numerical instabilities. Note that these additional control points do not add to the number of design parameters. This alternative parameterization and description as a solid model effectively and completely separates the design variables from the analysis variables during the optimization procedure. The motivation behind this work is to create an automated design tool from task definition to functional prototype created on a CNC or rapid-prototype machine. This paper will describe the proposed compliant mechanism design process and will demonstrate the procedure on several examples common in the literature.

  6. Exploring land developer perspectives on conservation subdivision design and environmentally sustainable land development.

    Science.gov (United States)

    Göçmen, Z Aslıgül

    2014-11-01

    Insight into land developers' perspectives on alternative residential developments and the barriers they experience in trying to develop them can be crucial in efforts to change environmentally damaging low-density, large-lot, and automobile-dependent residential patterns. Using a semi-structured interview instrument followed by short surveys, I examined the views of 16 developers in Waukesha County, WI, USA, a county that has experienced significant development pressures and widespread implementation of conservation subdivision design. The land developer investigation focused on conservation subdivision design familiarity and implementation, and identified a number of barriers that developers experienced in implementing the design. While the majority of the developers appeared familiar with the design and had experience developing conservation subdivisions, their motivations for developing them varied, as did their on-site conservation practices. The barriers included the lack of land use regulations supporting the design, economic factors, community opposition, and a lack of knowledge about sustainable residential development practices. Strategies to promote more environmentally sustainable residential land development patterns include providing a more supportive institutional environment, enacting different regulations and guidelines for natural resources protection, and offering education on ecologically sound development and planning practices.

  7. Health Insurance without Single Crossing

    DEFF Research Database (Denmark)

    Boone, Jan; Schottmüller, Christoph

    2017-01-01

    Standard insurance models predict that people with high risks have high insurance coverage. It is empirically documented that people with high income have lower health risks and are better insured. We show that income differences between risk types lead to a violation of single crossing...... in an insurance model where people choose treatment intensity. We analyse different market structures and show the following: If insurers have market power, the violation of single crossing caused by income differences and endogenous treatment choice can explain the empirically observed outcome. Our results do...

  8. Insurance against climate change and flood risk: Insurability and decision processes of insurers

    Science.gov (United States)

    Hung, Hung-Chih; Hung, Jia-Yi

    2016-04-01

    1. Background Major portions of the Asia-Pacific region is facing escalating exposure and vulnerability to climate change and flood-related extremes. This highlights an arduous challenge for public agencies to improve existing risk management strategies. Conventionally, governmental funding was majorly responsible and accountable for disaster loss compensation in the developing countries in Asia, such as Taiwan. This is often criticized as an ineffective and inefficient measure of dealing with flood risk. Flood insurance is one option within the toolkit of risk-sharing arrangement and adaptation strategy to flood risk. However, there are numerous potential barriers for insurance companies to cover flood damage, which would cause the flood risk is regarded as uninsurable. This study thus aims to examine attitudes within the insurers about the viability of flood insurance, the decision-making processes of pricing flood insurance and their determinants, as well as to examine potential solutions to encourage flood insurance. 2. Methods and data Using expected-utility theory, an insurance agent-based decision-making model was developed to examine the insurers' attitudes towards the insurability of flood risk, and to scrutinize the factors that influence their decisions on flood insurance premium-setting. This model particularly focuses on how insurers price insurance when they face either uncertainty or ambiguity about the probability and loss of a particular flood event occurring. This study considers the factors that are expected to affect insures' decisions on underwriting and pricing insurance are their risk perception, attitudes towards flood insurance, governmental measures (e.g., land-use planning, building codes, risk communication), expected probabilities and losses of devastating flooding events, as well as insurance companies' attributes. To elicit insurers' utilities about premium-setting for insurance coverage, the 'certainty equivalent,' 'probability

  9. Modern problems in insurance mathematics

    CERN Document Server

    Martin-Löf, Anders

    2014-01-01

    This book is a compilation of 21 papers presented at the International Cramér Symposium on Insurance Mathematics (ICSIM) held at Stockholm University in June, 2013. The book comprises selected contributions from several large research communities in modern insurance mathematics and its applications. The main topics represented in the book are modern risk theory and its applications, stochastic modelling of insurance business, new mathematical problems in life and non-life insurance, and related topics in applied and financial mathematics. The book is an original and useful source of inspiration and essential reference for a broad spectrum of theoretical and applied researchers, research students and experts from the insurance business. In this way, Modern Problems in Insurance Mathematics will contribute to the development of research and academy–industry co-operation in the area of insurance mathematics and its applications.

  10. Insuring wind energy production

    Science.gov (United States)

    D'Amico, Guglielmo; Petroni, Filippo; Prattico, Flavio

    2017-02-01

    This paper presents an insurance contract that the supplier of wind energy may subscribe in order to immunize the production of electricity against the volatility of the wind speed process. The other party of the contract may be any dispatchable energy producer, like gas turbine or hydroelectric generator, which can supply the required energy in case of little or no wind. The adoption of a stochastic wind speed model allows the computation of the fair premium that the wind power supplier has to pay in order to hedge the risk of inadequate output of electricity at any time. Recursive type equations are obtained for the prospective mathematical reserves of the insurance contract and for their higher order moments. The model and the validity of the results are illustrated through a numerical example.

  11. Catastrophic risks and insurance

    Directory of Open Access Journals (Sweden)

    Kerkez Marija

    2016-01-01

    Full Text Available Catastrophic events do not know borders; they threat the local community, but also the whole continent. Catastrophic risk represents the individual risk which endangers a relatively large number of people or property, at the same time posing a threat to insurer's financial strength. One of the most serious problems of modern society is the lack of awareness of the presence of various dangers and possibilities of influencing them. Macro catastrophic event causes losses across several lines of insurance business or can cause loss in unexpected locations or across multiple geographical markets. Risk assessment requires a systematic approach to identifying and analyzing risks. Due to the complexity and unpredictability of natural and technological hazards, different approaches to risk assessment and evaluation systems are a growing challenge and a necessity in the sphere of management catastrophic risks.

  12. 78 FR 69702 - 60-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing for...

    Science.gov (United States)

    2013-11-20

    ... hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay... Family Asset Management and Disposition, Department of Housing and Urban Development, 451 7th Street SW... toll-free number. Persons with hearing or speech impairments may access this number through TTY by...

  13. 78 FR 67384 - 60-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing Involving...

    Science.gov (United States)

    2013-11-12

    ... available information. Persons with hearing or speech impairments may access this number through TTY by.... Himes, Director, Office of Single Family Program, Asset Management, Department of Housing and Urban... telephone 202-402-3400. This is not a toll-free number. Persons with hearing or speech impairments may...

  14. 75 FR 41510 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2010-07-16

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  15. 76 FR 4127 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2011-01-24

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  16. 77 FR 42754 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2012-07-20

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  17. 77 FR 4359 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2012-01-27

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  18. 78 FR 44580 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2013-07-24

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  19. 76 FR 47225 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2011-08-04

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  20. 78 FR 4427 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2013-01-22

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  1. 75 FR 5339 - Mortgage and Loan Insurance Programs Under the National Housing Act-Debenture Interest Rates

    Science.gov (United States)

    2010-02-02

    ... Interest Rates AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. SUMMARY: This notice announces changes in the interest rates to be paid on debentures... provisions of the National Housing Act (the Act). The interest rate for debentures issued under section 221(g...

  2. 78 FR 36230 - 60-Day Notice of Proposed Information Collection: FHA-Insured Mortgage Loan Servicing of Payments...

    Science.gov (United States)

    2013-06-17

    ... with hearing or speech impairments may access this number through TTY by calling the toll- ] free... toll-free number. Persons with hearing or speech impairments may access this number through TTY by...., Room 4176, Washington, DC 20410-5000; telephone 202-402-3400 (this is not a toll-free number) or email...

  3. Life insurance mathematics

    CERN Document Server

    Gerber, Hans U

    1997-01-01

    This concise introduction to life contingencies, the theory behind the actuarial work around life insurance and pension funds, will appeal to the reader who likes applied mathematics. In addition to model of life contingencies, the theory of compound interest is explained and it is shown how mortality and other rates can be estimated from observations. The probabilistic model is used consistently throughout the book. Numerous exercises (with answers and solutions) have been added, and for this third edition several misprints have been corrected.

  4. Unemployment Insurance and Entrepreneurship

    OpenAIRE

    Røed, Knut; Skogstrøm, Jens Fredrik

    2013-01-01

    Based on administrative registers from Norway, we examine how unemployment insurance (UI) and active labor market programs (ALMP) affect the transition rates from unemployment to regular employment and entrepreneurship. We find that the entrepreneurship hazard is highly responsive with respect to UI incentives, and that the probability of starting up a new business increases sharply around the time of UI exhaustion. We also find that while participation in ALMP has a positive impact on the em...

  5. Cities, Towns and Villages, Sedgwick County subdivision or platted areas. Derived from countywide parcel-lot-block cover. Each polygon represents one or more contiguous parcels or lots having the same plat subdivision code. Legally defined subdivision boundaries are not included., Published in 2008, 1:1200 (1in=100ft) scale, Sedgwick County Government.

    Data.gov (United States)

    NSGIC Local Govt | GIS Inventory — Cities, Towns and Villages dataset current as of 2008. Sedgwick County subdivision or platted areas. Derived from countywide parcel-lot-block cover. Each polygon...

  6. Life Insurance Contribution, Insurance Development and Economic Growth in China

    Directory of Open Access Journals (Sweden)

    Wang Ying

    2017-07-01

    Full Text Available Under L-type economy, remodelling the growth power in the medium and long term is essential. The insurance industry during the 13th Five-year Plan period has been given a heavy expectation on promoting economic quality and upgrading economic efficiency, so it will try to accelerate its innovation and development process which serves national needs, market demand and people's requirements. Referring to the previous researches of Solow and Zhang and measuring Capital Stock and Total Factor Productivity independently, the paper analyses the inherent correlation between insurance (including life insurance and non-life insurance and economic growth, reveals the contribution law of the insurance development in economic growth in the short and long term from both economic scale and quality respectively. It also shows enlightenments on policy decision for insurance industry, thus helps economic stability under the downturn periods.

  7. Purchasing complex services on the Internet; An analysis of mortgage loan acquisitions

    NARCIS (Netherlands)

    B.L.K. Vroomen (Björn); A.C.D. Donkers (Bas); P.C. Verhoef (Peter); Ph.H.B.F. Franses (Philip Hans)

    2003-01-01

    textabstractIn contrast to, for example, books and compact discs, the number of complex services offered on the Internet is still small. A good example of such a service concerns mortgage loans. The decision-making process differs for complex services in that they have an extra intermediate step of

  8. 77 FR 23273 - Proposed Information Collection; Comment Request: Home Equity Conversion Mortgage Counseling...

    Science.gov (United States)

    2012-04-18

    ... Counseling Client Survey AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner... Counseling Client Survey. OMB Control Number, if applicable: 2502-0585. Description of the need for the...), consumers must participate in reverse mortgage counseling. As part of HUD's evaluation of its HECM...

  9. 75 FR 50801 - Reverse Mortgage Products: Guidance for Managing Compliance and Reputation Risks

    Science.gov (United States)

    2010-08-17

    ... product for addressing certain credit needs of an aging population. However, reverse mortgages can be..., could become an increasingly important mechanism for institutions to address credit needs of an aging... consequences of the products. Consumers also may be harmed by any conflicts of interest or abusive or...

  10. State Mortgage Foreclosure Policies and Lender Interventions: Impacts on Borrower Behavior in Default

    Science.gov (United States)

    Collins, J. Michael; Lam, Ken; Herbert, Christopher E.

    2011-01-01

    Due to the rise in foreclosure filings, policymakers are increasingly concerned with helping families in financial distress keep their homes. This paper tests the extent to which distressed mortgage borrowers benefit from three types of state foreclosure polices: (1) judicial foreclosure proceedings, (2) statutory rights of redemption, and (3)…

  11. Guide to Alternative Mortgage Instruments. Teachers Instructional Packet, TIP No. 4, Spring 1985.

    Science.gov (United States)

    Texas A and M Univ., College Station. Texas Real Estate Research Center.

    Part of a series of classroom aids designed for real estate instructors, this instructional packet was developed to help real estate students understand the various alternative mortgage instruments, including their major advantages and disadvantages. First, an evaluation form for the packet is presented. Next, a summary presentation on four basic…

  12. 78 FR 57921 - Municipal Mortgage & Equity LLC, Prolink Holdings Corp., RPM Technologies, Inc., SARS Corp...

    Science.gov (United States)

    2013-09-20

    ... From the Federal Register Online via the Government Publishing Office SECURITIES AND EXCHANGE COMMISSION Municipal Mortgage & Equity LLC, Prolink Holdings Corp., RPM Technologies, Inc., SARS Corp... lack of current and accurate information concerning the securities of SARS Corp. because it has not...

  13. Consultative selling in financial services : An observational study of the mortgage mediation process

    NARCIS (Netherlands)

    Verhallen, Theo M.m.; Greve, Harriette; Frambach, Ruud Th

    1997-01-01

    Notes that the literature on personal selling and advising on services stresses the importance of analysing the actual client-adviser interaction process. Explores this process of interaction in a mortgage setting by observing 42 conversations between advisers and 26 clients. The exact content and

  14. 12 CFR 225.122 - Bank holding company ownership of mortgage companies.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Bank holding company ownership of mortgage companies. 225.122 Section 225.122 Banks and Banking FEDERAL RESERVE SYSTEM (CONTINUED) BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM BANK HOLDING COMPANIES AND CHANGE IN BANK CONTROL (REGULATION Y...

  15. 78 FR 26383 - Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs

    Science.gov (United States)

    2013-05-06

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice...

  16. 76 FR 10387 - Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs

    Science.gov (United States)

    2011-02-24

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice...

  17. 75 FR 5800 - Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs

    Science.gov (United States)

    2010-02-04

    ... From the Federal Register Online via the Government Publishing Office ] DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice...

  18. 76 FR 79704 - Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs

    Science.gov (United States)

    2011-12-22

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice...

  19. 24 CFR 401.460 - Modification or refinancing of first mortgage.

    Science.gov (United States)

    2010-04-01

    ... and Urban Development (Continued) OFFICE OF HOUSING AND OFFICE OF MULTIFAMILY HOUSING ASSISTANCE RESTRUCTURING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MULTIFAMILY HOUSING MORTGAGE AND HOUSING ASSISTANCE... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Modification or refinancing of...

  20. 75 FR 13682 - Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; Risk-Based Capital...

    Science.gov (United States)

    2010-03-23

    ... Fiscal Affairs; Risk-Based Capital Requirements ACTION: Proposed rule; reopening of comment period... would revise risk-based capital requirements for the Federal Agricultural Mortgage Corporation (Farmer... regulations in part 652 that establish a risk-based capital stress test for the Corporation as required by...

  1. 24 CFR 221.795 - Displacement-below market interest rate mortgages.

    Science.gov (United States)

    2010-04-01

    ... Rights and Obligations-Moderate Income Projects § 221.795 Displacement—below market interest rate... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Displacement-below market interest rate mortgages. 221.795 Section 221.795 Housing and Urban Development Regulations Relating to Housing...

  2. Current Situation of Household Income as a Factor, Having Impact on Mortgage Lending in Mongolia

    Directory of Open Access Journals (Sweden)

    Khuselchimeg Batbileg

    2012-04-01

    Full Text Available Amount of household income is the most important factor for housing loan. The article studies mortgage lending in Ulaanbaatar in 2007–2009, the factor, having great impact on the current economy of Mongolia, carries out the comparative analysis of capital’s medium and low income households and presents methods, which will help to solve these problems.

  3. 26 CFR 1.25-4T - Qualified mortgage credit certificate program (Temporary).

    Science.gov (United States)

    2010-04-01

    ... cause for the failure to file such report in a timely fashion. The report may be filed at any time... INCOME TAX INCOME TAXES Changes in Rates During A Taxable Year § 1.25-4T Qualified mortgage credit... issuer elects, in the time and manner specified in this paragraph, not to issue an amount of qualified...

  4. The role of mortgages and consumer credit in the business cycle

    NARCIS (Netherlands)

    Sterk, V.

    2011-01-01

    Many households rely on mortgages and consumer credit to finance their expenditures. Lenders usually impose certain conditions on loans, such as limits on the amounts that can be borrowed. Conventional intuition suggests that such conditions are important for our understanding of the business cycle,

  5. 77 FR 70175 - Notice of Submission of Proposed Information Collection to OMB; Public Housing Mortgage Program...

    Science.gov (United States)

    2012-11-23

    ... other tangible forms of personal property if the proceeds of the loan resulting from the mortgage or... collection has been changed to be more clearly descriptive of the range of transactions that would be... mixed finance transaction that would potentially trigger this collection. For example, most recently...

  6. 12 CFR Appendix C to Part 30 - OCC Guidelines Establishing Standards for Residential Mortgage Lending Practices

    Science.gov (United States)

    2010-01-01

    ... injurious to bank customers and that expose the bank to credit, legal, compliance, reputation, and other... the FTC Act, or mortgage loans based predominantly on the foreclosure or liquidation value of the... exercise appropriate diligence to minimize potential reputation risks when they undertake to act as...

  7. MODEL PEMBAYARAN GRADUATED PAYMENT MORTGAGE (GPM SEBAGAI SALAH SATU ALTERNATIF PEMBAYARAN KREDIT RUMAH

    Directory of Open Access Journals (Sweden)

    Njo Anastasia

    2003-01-01

    Full Text Available The Graduated Payment Mortgage (GPM has a unique stair-step payment schedule that often enhances borrower qualification for young, first-time home buyers who are anticipated to have increasing incomes. The determination of the initial payment on a GPM mortgage is often regarded as complex; therefore, textbook authors especially financial real estate normally disregard its theoretical development and substitute instead GPM interest factor tables. This study develops a general equation for finding the initial payment on a GPM and programmable computer spreadsheets (Microsoft Excel routines for implementing the general equation. This approach enhances the technical understanding of the GPM, and its offer more flexible. Abstract in Bahasa Indonesia : Model Graduated Payment Mortgage (GPM memiliki keunikan dalam pembayaran pinjaman yang dapat membantu peminjam usia muda, pembeli rumah pertama yang dapat diantisipasi pertambahan pendapatannya. Pembayaran cicilan pertama GPM sangat kompleks, sehingga pada umumnya buku-buku tentang keuangan real estat menetapkan pola pembayaran GPM menggunakan tabel suku bunga. Penelitian ini mengembangkan pola pembayaran cicilan pertama GPM menggunakan program komputer (Microsoft Excel untuk lebih fleksibel dalam penerapannya. Kata kunci: graduated payment mortgage, cicilan pertama, tabel suku bunga, komputer.

  8. Energy-efficient mortgages and home energy rating systems: A report on the nation`s progress

    Energy Technology Data Exchange (ETDEWEB)

    Farhar, B.C.; Eckert, J.

    1993-09-01

    This report summarizes progress throughout the nation in establishing voluntary programs linking home energy rating systems (HERS) and energy-efficient mortgages (EEMs). These programs use methods for rating the energy efficiency of new and existing homes and predicting energy cost savings so lenders can factor in energy cost savings when underwriting mortgages. The programs also encourage lenders to finance cost-effective energy-efficiency improvements to existing homes with low-interest mortgages or other instruments. The money saved on utility bills over the long term can more than offset the cost of such energy-efficiency improvements. The National Collaborative on HERS and EEMs recommended that this report be prepared.

  9. Limited Deposit Insurance Coverage and Bank Competition

    OpenAIRE

    SHY, Oz; Stenbacka, Rune; Yankov, Vladimir

    2014-01-01

    Deposit insurance schemes in many countries place a limit on the coverage of deposits in each bank. However, no limits are placed on the number of accounts held with different banks. Therefore, under limited deposit insurance, some consumers open accounts with different banks to achieve higher or full deposit insurance coverage. We compare three regimes of deposit insurance: No deposit insurance, unlimited deposit insurance, and limited deposit insurance. We show that limited deposit insuranc...

  10. Optimal social insurance with linear income taxation

    DEFF Research Database (Denmark)

    Bovenberg, Lans; Sørensen, Peter Birch

    2009-01-01

    We study optimal social insurance aimed at insuring disability risk in the presence of linear income taxation. Optimal disability insurance benefits rise with previous earnings. Optimal insurance is incomplete even though disability risks are exogenous and verifiable so that moral hazard...... in disability insurance is absent. Imperfect insurance is optimal because it encourages workers to insure themselves against disability by working and saving more, thereby alleviating the distortionary impact of the redistributive income tax on labor supply and savings....

  11. Insurability of export credit risks

    OpenAIRE

    Alsem, K.J.

    2003-01-01

    This report presents an analysis of the market for export credit insurance. Governments of all developed countries oer exporting companies export credit (re)insurance, either directly or indirectly. This raises the questions 1. What are the key determinants of export credit risk insurability by the private market? 2. Which export credit risks can be covered by the private market? We provide an answer to these questions by means of a literature review and an extensive field study, with special...

  12. Bankruptcy as Implicit Health Insurance

    OpenAIRE

    Neale Mahoney

    2012-01-01

    This paper examines the interaction between health insurance and the implicit insurance that people have because they can file (or threaten to file) for bankruptcy. With a simple model that captures key institutional features, I demonstrate that the financial risk from medical shocks is capped by the assets that could be seized in bankruptcy. For households with modest seizable assets, this implicit “bankruptcy insurance” can crowd out conventional health insurance. I test these predictions u...

  13. Voluntary Public Unemployment Insurance

    DEFF Research Database (Denmark)

    O. Parsons, Donald; Tranæs, Torben; Bie Lilleør, Helene

    Denmark has drawn much attention for its active labor market policies, but is almost unique in offering a voluntary public unemployment insurance program requiring a significant premium payment. A safety net program – a less generous, means-tested social assistance plan – completes the system....... The voluntary system emerged as one of many European “Ghent systems,” essentially government subsidized trade union plans, but has since lost many key features of such plans. We assess system performance using a 10% sample of the Danish population drawn from administrative data. Coverage rates for the voluntary...

  14. Inference of population subdivision from the VNTR distributions of New Zealanders.

    Science.gov (United States)

    Clark, A G; Hamilton, J F; Chambers, G K

    1995-01-01

    A population sample from people of diverse ethnic origins living in New Zealand serves as a database to test methods for inference of population subdivision. The initial null hypothesis, that the population sample is homogeneous across ethnic groups, is easily rejected by likelihood ratio tests. Beyond this, methods for quantifying subdivision can be based on the probability of drawing alleles identical by descent (FST), probabilities of matching multiple locus genotypes, and occurrence of unique alleles. Population genetic theory makes quantitative predictions about the relation between FST, population sizes, and rates of migration and mutation. Some VNTR loci have mutation rates of 10(-2) per generation, but, contrary to theory, we find no consistent association between the degree of population subdivision and mutation rate. Quantification of population substructure also allows us to relate the magnitudes of genetic distances between ethnic groups in New Zealand to the colonization history of the country. The data suggests that the closest relatives to the Maori are Polynesians, and that no severe genetic bottleneck occurred when the Maori colonized New Zealand. One of the central points of contention regarding the application of VNTR loci in forensics is the appropriate means for estimating match probabilities. Simulations were performed to test the merits of the product rule in the face of subpopulation heterogeneity. Population heterogeneity results in large differences in estimates of multilocus genotype frequencies depending on which subpopulation is used for reference allele frequencies, but, of greater importance for forensic purposes, no five locus genotype had an expected frequency greater than 10(-6). Although this implies that a match with an innocent individual is unlikely, in a large urban area such chance matches are going to occur.

  15. The economics of health insurance.

    Science.gov (United States)

    Jha, Saurabh; Baker, Tom

    2012-12-01

    Insurance plays an important role in the United States, most importantly in but not limited to medical care. The authors introduce basic economic concepts that make medical care and health insurance different from other goods and services traded in the market. They emphasize that competitive pricing in the marketplace for insurance leads, quite rationally, to risk classification, market segmentation, and market failure. The article serves as a springboard for understanding the basis of the reforms that regulate the health insurance market in the Patient Protection and Affordable Care Act. Copyright © 2012 American College of Radiology. Published by Elsevier Inc. All rights reserved.

  16. Cyber Insurance - Managing Cyber Risk

    Science.gov (United States)

    2015-04-01

    I N S T I T U T E F O R D E F E N S E A N A L Y S E S Cyber Insurance – Managing Cyber Risk Laura A. Odell, Project Leader...license under the clause at DFARS 252.227-7013 (a)(16) [Jun 2013]. Cyber Insurance – Managing Cyber Risk Data breaches involving...result, the insurance industry is seeing a sharp increase in demand for cyber in- surance offerings to businesses. What is cyber insurance ? Cyber

  17. Treatment of Class II subdivision malocclusion with congenitally missing upper lateral incisors: A case report

    Directory of Open Access Journals (Sweden)

    Siddharth Mehta

    2014-01-01

    Full Text Available Orthodontic treatment for patients with unilateral or bilateral congenitally missing lateral incisor poses a challenge mainly with regard to treatment planning. The use of a diagnostic setup is one of the most important aids in the decision-making process. Two alternatives, orthodontic space closure or space opening for prosthetic replacement exist. The present case report shows use of the microimplant for unilateral upper molar distalization and space closure in a Class-II division 1 subdivision malocclusion case with bilateral congenitally missing upper lateral incisors.

  18. Computed tomography evaluation of temporomandibular joint alterations in class II Division 1 subdivision patients: condylar symmetry.

    Science.gov (United States)

    Vitral, Robert Willer Farinazzo; Telles, Carlos De Souza

    2002-04-01

    Thirty persons ranging from 12 years 8 months to 42 years of age with Class II Division 1 subdivision malocclusions underwent computed tomography of the temporomandibular joints. The images obtained from axial slices were evaluated for possible asymmetries in size and position that may exist between the condylar processes associated with this malocclusion. Paired Student t tests were applied, and Pearson product moment correlations were determined after measurements on both Class I and Class II sides were obtained. The results of this study showed no statistically significant asymmetries between the condylar processes evaluated in this sample.

  19. Subdivision, Sampling, and Initialization Strategies for Simplical Branch and Bound in Global Optimization

    DEFF Research Database (Denmark)

    Clausen, Jens; Zilinskas, A,

    2002-01-01

    are based on the sampling of function values. We propose a branch and bound algorithm based on regular simplexes. Initially, the domain in question is covered with regular simplexes, and our subdivision scheme maintains this property. The bound calculation becomes both simple and efficient, and we describe...... two schemes for sampling points of the function: midpoint sampling and vertex sampling. The convergence of the algorithm is proved, and numerical results are presented for the two dimensional case, for which also a special initial covering is presented. (C) 2002 Elsevier Science Ltd. All rights...

  20. Subdivision design and stewardship affect bird and mammal use of conservation developments.

    Science.gov (United States)

    Farr, Cooper M; Pejchar, Liba; Reed, Sarah E

    2017-06-01

    Developing effective tools for conservation on private lands is increasingly important for global biodiversity conservation; private lands are located in more productive and biologically diverse areas, and they face accelerated rates of land conversion. One strategy is conservation development (CD) subdivisions, which cluster houses in a small portion of a property and preserve the remaining land as protected open space. Despite widespread use, the characteristics that make CD more or less effective at achieving biodiversity conservation are not well understood. We investigated CD's ability to successfully protect animal populations by examining bird and mammal occurrences in 14 CD subdivisions and four undeveloped areas (range: 14-432 ha) in northern Colorado, USA. Using point count and camera trap data in an occupancy modeling framework, we evaluated the relative importance of nine subdivision design factors (e.g., housing density, proportion of CD protected) and 14 stewardship factors (e.g., presence of livestock, percent native vegetation cover) in influencing the overall community composition and the probability of use by 16 birds and six mammals. We found that habitat use by 75% of birds and 83% of mammals was associated with design characteristics that maximized the natural or undisturbed land area both within and near the development (e.g., proportion of CD protected, total area of protected open space, proportion of natural land cover in the surrounding landscape). These factors were also associated with an increasing dominance of human-sensitive bird species, larger-bodied mammals, and mammals with larger home ranges. Habitat use by birds was also influenced by local land use composition and quality, and use by several bird and mammal species decreased with increased localized disturbances. We found few differences in habitat use between sampling sites in undeveloped areas and in CD subdivisions. These similarities indicate that, if CDs are large enough

  1. Survey data on factors affecting negotiation of professional fees between Estate Valuers and their clients when the mortgage is financed by bank loan: A case study of mortgage valuations in Ikeja, Lagos State, Nigeria.

    Science.gov (United States)

    Iroham, Chukwuemeka O; Okagbue, Hilary I; Ogunkoya, Olalekan A; Owolabi, James D

    2017-06-01

    In this article, two sets of questionnaires were administered to professionals and clients (commercial banks) on their willingness to negotiate the professional fees charged by the Estate Valuers assuming that the mortgage in valuation was financed by bank loan. A range of fees options were provided. Other factors such as the business environment and mortgage valuation can influence the negotiated fees when the data obtained from the survey data is analyzed.

  2. Survey data on factors affecting negotiation of professional fees between Estate Valuers and their clients when the mortgage is financed by bank loan: A case study of mortgage valuations in Ikeja, Lagos State, Nigeria

    Directory of Open Access Journals (Sweden)

    Chukwuemeka O. Iroham

    2017-06-01

    Full Text Available In this article, two sets of questionnaires were administered to professionals and clients (commercial banks on their willingness to negotiate the professional fees charged by the Estate Valuers assuming that the mortgage in valuation was financed by bank loan. A range of fees options were provided. Other factors such as the business environment and mortgage valuation can influence the negotiated fees when the data obtained from the survey data is analyzed.

  3. 7 CFR 1788.3 - Flood insurance.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 12 2010-01-01 2010-01-01 false Flood insurance. 1788.3 Section 1788.3 Agriculture... (CONTINUED) RUS FIDELITY AND INSURANCE REQUIREMENTS FOR ELECTRIC AND TELECOMMUNICATIONS BORROWERS Borrower Insurance Requirements § 1788.3 Flood insurance. (a) Borrowers shall purchase and maintain flood insurance...

  4. On a Stochastic Model in Insurance

    Indian Academy of Sciences (India)

    proportion of the financial risk is shifted to the insur- ance company. The implicit trust between the insured and the insurance company is at the core of the inter- action. A reasonable mathematical theory of insurance can possibly provide a scientific basis for this trust. Certain types of insurance policies have been prevalent.

  5. Health insurance education strategies for increasing the insured ...

    African Journals Online (AJOL)

    abp

    2012-05-13

    May 13, 2012 ... to which a multi-strategy health insurance education intervention would increase the number of insured among the older population in rural Kenya. Methods: The quasi-experimental ... Medical Journal - ISSN 1937-8688. This is an Open Access article distributed under the terms of the Creative Commons.

  6. Health insurance education strategies for increasing the insured ...

    African Journals Online (AJOL)

    Introduction: The older population in most developing countries are uninsured and lack access to health services. This study assessed the extent to which a multi-strategy health insurance education intervention would increase the number of insured among the older population in rural Kenya. Methods: The ...

  7. The National Insurance Academy: Serving India's Insurance Professionals and Researchers

    Science.gov (United States)

    Sane, Bhagyashree

    2011-01-01

    This article discusses how a special library can meet the needs of a specific industry. The author focuses on India's National Insurance Academy (NIA) Library, which serves the insurance industry of India and some neighboring countries. It is where the author serves as the chief librarian.

  8. A Search for the Genetic Contributors to Strategic Mortgage Default: The Catechol-O-Methyltransferase (COMT) Gene

    National Research Council Canada - National Science Library

    Michael J Seiler

    2017-01-01

    This study is the first in real estate to identify a specific genetic marker with a significantly greater association for individuals who are more likely to strategically default on their underwater mortgage...

  9. 26 CFR 1.7702-2 - Attained age of the insured under a life insurance contract.

    Science.gov (United States)

    2010-04-01

    ... age of the insured under a life insurance contract. (a) In general. This section provides guidance on determining the attained age of an insured under a contract that is a life insurance contract under the... second of the two insureds dies. (ii) Section 1.7702-2(c)(1) provides that if a life insurance contract...

  10. 75 FR 59057 - Common Crop Insurance Regulations, Cotton Crop Insurance Provisions and Macadamia Nut Crop...

    Science.gov (United States)

    2010-09-27

    ... Insurance Corporation 7 CFR Part 457 RIN 0563-AB96 Common Crop Insurance Regulations, Cotton Crop Insurance Provisions and Macadamia Nut Crop Insurance Provisions; Correction AGENCY: Federal Crop Insurance Corporation... make corrections relating to the insurance of cotton and macadamia nuts that published March 30, 2010...

  11. 78 FR 55171 - Common Crop Insurance Regulations; Processing Sweet Corn Crop Insurance Provisions

    Science.gov (United States)

    2013-09-10

    ... Federal Crop Insurance Corporation 7 CFR Part 457 RIN 0563-AC37 Common Crop Insurance Regulations; Processing Sweet Corn Crop Insurance Provisions AGENCY: Federal Crop Insurance Corporation, USDA. ACTION: Final rule. SUMMARY: The Federal Crop Insurance Corporation (FCIC) finalizes the Common Crop Insurance...

  12. 76 FR 75805 - Common Crop Insurance Regulations; Prune Crop Insurance Provisions

    Science.gov (United States)

    2011-12-05

    ... Federal Crop Insurance Corporation 7 CFR Part 457 RIN 0563-AC36 Common Crop Insurance Regulations; Prune Crop Insurance Provisions AGENCY: Federal Crop Insurance Corporation, USDA. ACTION: Proposed rule. SUMMARY: The Federal Crop Insurance Corporation (FCIC) proposes to amend the Common Crop Insurance...

  13. 78 FR 13454 - Common Crop Insurance Regulations; Pecan Revenue Crop Insurance Provisions

    Science.gov (United States)

    2013-02-28

    ... Federal Crop Insurance Corporation 7 CFR Part 457 RIN 0563-AC35 Common Crop Insurance Regulations; Pecan Revenue Crop Insurance Provisions AGENCY: Federal Crop Insurance Corporation, USDA. ACTION: Final rule. SUMMARY: The Federal Crop Insurance Corporation (FCIC) finalizes the Common Crop Insurance Regulations...

  14. FEATURES OF PRICING OF THE MORTGAGE MARKET IN THE RUSSIAN FEDERATION AND THE REPUBLIC OF MOLDOVA (Part 1

    Directory of Open Access Journals (Sweden)

    Tatiana KASYANENKO

    2016-07-01

    Full Text Available The relevance of the study is determined by the importance of the market of mortgage loans as the main instrument of social policy. The aim of the article is to identify the relationship between the volume of mortgage loans and the value of residential real estate on both the primary and secondary markets. The article consists of two parts. The main objective of the first part of this article is to clarify the concepts and features of mortgage loans, and identification of peculiarities of mortgage loans in the Russian Federation and the Republic of Moldova. The methodological basis of the work is made up of methods of analysis and synthesis, the combination of logical and historical approaches, methods of economic comparison and statistical analysis. The result of the study of the first part of the article is to identify the stages of development of mortgage loans in the Russian Federation, an analysis of prices in the primary and secondary markets of residential property on the basis of aggregate statistical indicators that reflect the status and characteristics of the housing market. The Russian experience is correlated with the peculiarities of the development of the mortgage market in the Republic of Moldova.

  15. Performance measurement and insurance liabilities

    NARCIS (Netherlands)

    Plantinga, A; Huijgen, C

    2001-01-01

    In this article, the authors develop an attribution framework for evaluating the investment performance of institutional investors such as insurance companies. The model is useful in identifying the investment skills of insurance companies. This is accomplished by developing a dual benchmark for the

  16. Clustering of Expression Data in Chronic Lymphocytic Leukemia Reveals New Molecular Subdivisions.

    Directory of Open Access Journals (Sweden)

    Sally Yepes

    Full Text Available Although the identification of inherent structure in chronic lymphocytic leukemia (CLL gene expression data using class discovery approaches has not been extensively explored, the natural clustering of patient samples can reveal molecular subdivisions that have biological and clinical implications. To explore this, we preprocessed raw gene expression data from two published studies, combined the data to increase the statistical power, and performed unsupervised clustering analysis. The clustering analysis was replicated in 4 independent cohorts. To assess the biological significance of the resultant clusters, we evaluated their prognostic value and identified cluster-specific markers. The clustering analysis revealed two robust and stable subgroups of CLL patients in the pooled dataset. The subgroups were confirmed by different methodological approaches (non-negative matrix factorization NMF clustering and hierarchical clustering and validated in different cohorts. The subdivisions were related with differential clinical outcomes and markers associated with the microenvironment and the MAPK and BCR signaling pathways. It was also found that the cluster markers were independent of the immunoglobulin heavy chain variable (IGVH genes mutational status. These findings suggest that the microenvironment can influence the clinical behavior of CLL, contributing to prognostic differences. The workflow followed here provides a new perspective on differences in prognosis and highlights new markers that should be explored in this context.

  17. Verrucomicrobia subdivision 1 strains display a difference in the colonization of the leek (Allium porrum) rhizosphere.

    Science.gov (United States)

    da Rocha, Ulisses Nunes; van Elsas, Jan Dirk; van Overbeek, Leonard Simon

    2011-11-01

    Strains CHC12 and CHC8, belonging to, respectively, Luteolibacter and Candidatus genus Rhizospheria (Verrucomicrobia subdivision 1), were recently isolated from the leek rhizosphere. The key question addressed in this study was: does attraction to and colonization of the rhizosphere occur in the same way for both strains? Therefore, the fate of the two strains was studied near in vitro-grown leek roots and in soil zones proximate to and at a further distance from roots in a model plant-soil microcosm set-up. Quantitative PCR detection with specific primers was used, as the cultivation of these bacteria from soil is extremely fastidious. The data indicated that natural populations of Luteolibacter (akin to strain CHC12) had lower numbers in the rhizosphere than in the corresponding bulk soil. On the other hand, the populations of Candidatus genus Rhizospheria, i.e. strain CHC8, showed higher numbers in the rhizosphere than in the bulk soil. Increased strain CHC8 cell-equivalent numbers in the rhizosphere were not only the result of in situ cell multiplication, but also of the migration of cells towards the roots. Luteolibacter and Candidatus genus Rhizospheria cells displayed differences in attraction to the rhizosphere and colonization thereof, irrespective of the fact that both belonged to Verrucomicrobia subdivision 1. © 2011 Federation of European Microbiological Societies. Published by Blackwell Publishing Ltd. All rights reserved.

  18. A 3D Voronoi and subdivision model for calibration of rock properties

    Science.gov (United States)

    Zhu, De-Fu; Tu, Shi-Hao; Ma, Hang-sheng; Zhang, Xin-wang

    2017-12-01

    Rock cleavages consist of the cracks between blocks and the internal faults in blocks. The built-in modeling module in the Three-dimension Distinct Element Code cannot accurately describe the internal structure and the cleavage development characteristics of rock. This study combined 3D Voronoi block elements and scanning electron microscope images, to construct a numerical model equivalent to the rock meso structures. Three strategies are proposed to refine the initial model by block subdivision to achieve a function that allows cleavages in the model to cross through the blocks. A physical uniaxial compression test was performed in the laboratory to calibrate the mechanical parameters of the siltstone and the calibrated parameters then were validated by a Brazilian disc test. Sensitivity analysis was conducted to investigate the relationship between the meso-parameters and the model’s macro-response, and a calibration procedure was established for accurate replication of rock mechanical behavior. The statistics and analyses of failure characteristics for joints in the model showed that when the compressive and tensile strength values peaked, the percentages of tensile failures were approximately 37% and 10%, respectively. Comparing the cleavages after sample failure in lab tests with the cleavage development paths predicted by the models, the compressive and tensile characteristics were analyzed and the results confirmed the reliability of applying the 3D Voronoi block and subdivision modeling method in the numerical simulation study of the mechanical properties of the rock.

  19. Surviving the Current Hard Insurance Market.

    Science.gov (United States)

    Shoaf, Lawrence G.

    1986-01-01

    School districts can expect to see significant increases in insurance renewal premiums. Advice is offered on safety and loss control procedures, dealing with an insurance broker, and bidding for insurance coverage. (MLF)

  20. Cancer Takes Financial Toll, Even with Insurance

    Science.gov (United States)

    ... 167713.html Cancer Takes Financial Toll, Even With Insurance 1 in 6 insured patients spends one-third ... of cancer treatment on people who have health insurance. The vast majority in the study had private ...