This dissertation integrates the mathematical design of an efficient risk-free traditional mortgage (Ebrahim 2006) with that of an Islamic convertible mortgage (Ebrahim and Khan 2002) to present a model of the shared appreciation mortgage. It is an innovative home mortgage product which allows prospective homeowners to borrow at a below-market contract rate, in exchange for this they have to pay the lender a predetermined percentage of future house price appreciation. The model is designed by considering the mortgage as a combination of a credit facility and an American call option
A formal home loan is onerous to subprime borrowers in efficient markets. This can deter homeownersh...
A Canadian-based cooperative is looking at forging a working relationship with a Malaysian cooperati...
The present paper attempts two demonstrations. First, it shows that the Excel formula Islamic banks ...
This dissertation integrates the mathematical design of an efficient risk-free traditional mortgage ...
This dissertation examines the current development of shared appreciation mortgage (SAM) that allows...
Since the 2007–2008 financial crisis, the markets related to housing finance have been restoring the...
Abstract As one of new equity convertible mortgage, the Shared-Appreciation Mortgage, which is the ...
This paper develops a model for the valuation of shared appreciation mortgage (SAM) and examines the...
This paper establishes a basic framework to study three different variants of Participating Mortgage...
Shared appreciation mortgages can help borrowers overcome the initial cash flow problems associated ...
This paper mainly aims to develop a participating mortgage model complied with Islamic finance princ...
The recent rise in shared appreciation mortgage (SAM) availability motivates careful consideration o...
In a traditional fixed rate mortgage, the borrower pays a fixed amount each period regardless of t...
In this paper, we present an alternate proposal for house finance. In our proposal, the Islamic bank...
Alternative mortgage instruments have become the rule, rather than the exception, in modem real esta...
A formal home loan is onerous to subprime borrowers in efficient markets. This can deter homeownersh...
A Canadian-based cooperative is looking at forging a working relationship with a Malaysian cooperati...
The present paper attempts two demonstrations. First, it shows that the Excel formula Islamic banks ...
This dissertation integrates the mathematical design of an efficient risk-free traditional mortgage ...
This dissertation examines the current development of shared appreciation mortgage (SAM) that allows...
Since the 2007–2008 financial crisis, the markets related to housing finance have been restoring the...
Abstract As one of new equity convertible mortgage, the Shared-Appreciation Mortgage, which is the ...
This paper develops a model for the valuation of shared appreciation mortgage (SAM) and examines the...
This paper establishes a basic framework to study three different variants of Participating Mortgage...
Shared appreciation mortgages can help borrowers overcome the initial cash flow problems associated ...
This paper mainly aims to develop a participating mortgage model complied with Islamic finance princ...
The recent rise in shared appreciation mortgage (SAM) availability motivates careful consideration o...
In a traditional fixed rate mortgage, the borrower pays a fixed amount each period regardless of t...
In this paper, we present an alternate proposal for house finance. In our proposal, the Islamic bank...
Alternative mortgage instruments have become the rule, rather than the exception, in modem real esta...
A formal home loan is onerous to subprime borrowers in efficient markets. This can deter homeownersh...
A Canadian-based cooperative is looking at forging a working relationship with a Malaysian cooperati...
The present paper attempts two demonstrations. First, it shows that the Excel formula Islamic banks ...