- Language: English
- 774 Pages
- Published: October 2012
- Region: Global
Analysis of Reverse Mortgages Requires Sophisticated Examination of Crucial Market Factors Mar 00
- Published: March 2000
- Standard & Poors
Rating securitizations collateralized by reverse mortgages requires unique statistical analysis to predict the probability and frequency of repayments within the mortgage pool. Standard & Poor's has used the most relevant data and superior analytics to refine its reverse mortgage ratings model in anticipation of a market that is poised to experience extraordinary growth within the next decade. In the process of rating numerous reverse mortgage transactions during the past two years, Standard & Poor's has noticed a few differences between its criteria assumptions and market convention. These dissimilarities include Standard & Poor's inclusion of market value decline and basis risk stress in its cash flow analysis, and its expectations for move rates. Failure to account for these differences may pose...
Companies mentioned in this report are: Australia (Commonwealth of) (Unsolicited Ratings),Canada,New Zealand,United Kingdom (Unsolicited Ratings),United States of America (Unsolicited Ratings),AARP
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
SHOW LESS READ MORE >
Australia (Commonwealth of) (Unsolicited Ratings),Canada,New Zealand,United Kingdom (Unsolicited Ratings),United States of America (Unsolicited Ratings),AARP