Note rate modifications and subprime default rates
An important instrument to mitigate credit losses is modification of note rates of distressed borrowers. From a logistic model of early default, this article inferred the note rate impact on loan default probabilities, while controlling for loan characteristics (credit quality) and borrower location...
- Autores:
-
Sarmiento, Camilo
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2009
- Institución:
- Escuela Colombiana de Ingeniería Julio Garavito
- Repositorio:
- Repositorio Institucional ECI
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.escuelaing.edu.co:001/2751
- Acceso en línea:
- https://repositorio.escuelaing.edu.co/handle/001/2751
https://repositorio.escuelaing.edu.co/
- Palabra clave:
- Tasas de interés
Préstamos bancarios
Créditos bancarios
Interest rates
Bank loans
Bank credits
- Rights
- closedAccess
- License
- http://purl.org/coar/access_right/c_14cb
| Summary: | An important instrument to mitigate credit losses is modification of note rates of distressed borrowers. From a logistic model of early default, this article inferred the note rate impact on loan default probabilities, while controlling for loan characteristics (credit quality) and borrower location. |
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