000 01895nam  2200265za 4500
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008170223s1982    xxca   #o    f|0| 0 eng d
040 |aCaOODSP|beng
043 |an-cn---
0861 |aNH15-497/1982E-PDF
1001 |aGau, George W.
24510|aMortgage rate insurance |h[electronic resource] : |boverview, risk management, and pricing / |cGeorge W. Gau and Dennis R. Capozza.
260 |a[Ottawa] : |bCanada Mortgage and Housing Corporation, |c1982.
300 |a116 p. : |bill.
500 |a"June, 1982."
500 |aDigitized edition from print [produced by Canada Mortgage and Housing Corporation].
504 |aIncludes bibliographic references.
520 |a"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.
69207|2gccst|aMortgage insurance
7001 |aCapozza, Dennis R.
7102 |aCanada Mortgage and Housing Corporation.
85640|qPDF|s2.45 MB|uhttps://publications.gc.ca/collections/collection_2017/schl-cmhc/NH15-497-1982-eng.pdf