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Determining an Optimal Principal Limit Factor for Reverse Mortgages under Economics-Based Models
Authors:Chiang  Shu Ling  Tsai   Ming Shann  Wang   Chien An
Affiliation:1.Department of Business Management, National Kaohsiung Normal University, Kaohsiung, Taiwan
;2.Department of Finance, National University of Kaohsiung, Kaohsiung, Taiwan
;3.Department of Banking and Finance, National Chi-Nan University, Nantou, Taiwan
;
Abstract:The Journal of Real Estate Finance and Economics - Determining an optimal principal limit factor (PLF) is important for a reverse mortgage (RM) contract because it mainly influences the development...
Keywords:
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