00000nam 2200000za 4500 9.831904 CaOODSP 20221107145845 cr ||||||||||| 170223s1982 xxca #o f|0| 0 eng d CaOODSP eng n-cn--- NH15-497/1982E-PDF Gau, George W. Mortgage rate insurance [electronic resource] : overview, risk management, and pricing / George W. Gau and Dennis R. Capozza. [Ottawa] : Canada Mortgage and Housing Corporation, 1982. 116 p. : ill. "June, 1982." Digitized edition from print [produced by Canada Mortgage and Housing Corporation]. Includes bibliographic references. "This study was commissioned by the Canada Mortgage and Housing Corporation to examine selected management and pricing aspects of mortgage rate insurance (MRI) protection. Chapter 1 consists of an overview of MRI and the workings of the financial futures markets. Chapter 2 examines operational considerations in the utilization of futures markets for MRI risk management. It also discusses options markets as another potentially useful mechanism for managing interest rate risks. Chapter 3 utilizes an option pricing model to estimate a premium structure for MRI. Chapter 4 summarizes the findings of the study and makes specific recommendations concerning the form and characteristics of MRI policies as well as the appropriate risk management strategy. It also explores how mortgage renewal insurance could be coupled with various alternatives mortgage instruments"--Executive Summary, p. i. gccst Mortgage insurance Capozza, Dennis R. Canada Mortgage and Housing Corporation. PDF 2.45 MB https://publications.gc.ca/collections/collection_2017/schl-cmhc/NH15-497-1982-eng.pdf