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Ruthless Prepayment? Evidence from Multifamily Mortgages

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  • Follain, James R.
  • Ondrich, Jan
  • Sinha, Gyan P.

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  • Follain, James R. & Ondrich, Jan & Sinha, Gyan P., 1997. "Ruthless Prepayment? Evidence from Multifamily Mortgages," Journal of Urban Economics, Elsevier, vol. 41(1), pages 78-101, January.
    • Handle: RePEc:eee:juecon:v:41:y:1997:i:1:p:78-101
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    References listed on IDEAS

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    1. John M. Quigley & Robert Van Order, 1990. "Efficiency in the Mortgage Market: The Borrower's Perspective," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(3), pages 237-252, September.
    2. Patric H. Hendershott & David C. Ling, 1984. "Trading and the Tax Shelter Value of Depreciable Real Estate," NBER Working Papers 1267, National Bureau of Economic Research, Inc.
    3. Meyer, Bruce D, 1990. "Unemployment Insurance and Unemployment Spells," Econometrica, Econometric Society, vol. 58(4), pages 757-782, July.
    4. Follain, James R & Scott, Louis O & Yang, T L Tyler, 1992. "Microfoundations of a Mortgage Prepayment Function," The Journal of Real Estate Finance and Economics, Springer, vol. 5(2), pages 197-217, June.
    5. Horowitz, Joel L & Neumann, George R, 1989. "Specification Testing in Censored Regression Models: Parametric and Semiparametric Methods," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 4(S), pages 61-86, Supplemen.
    6. Lancaster, Tony, 1979. "Econometric Methods for the Duration of Unemployment," Econometrica, Econometric Society, vol. 47(4), pages 939-956, July.
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    Cited by:

    1. Tracey Seslen & William C. Wheaton, 2010. "Contemporaneous Loan Stress and Termination Risk in the CMBS Pool: How “Ruthless” is Default?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 38(2), pages 225-255, June.
    2. Tracey Seslen & William C. Wheaton, 2005. "Contemporaneous Loan Stress and Termination Risk in the CMBS pool: how "Ruthless" is default?," Working Paper 8582, USC Lusk Center for Real Estate.
    3. Bradley, Donald S. & Crews Cutts, Amy & Follain, James R., 2001. "An Examination of Mortgage Debt Characteristics and Financial Risk among Multifamily Properties," Journal of Housing Economics, Elsevier, vol. 10(4), pages 482-506, December.
    4. Babii, Andrii & Chen, Xi & Ghysels, Eric, 2019. "Commercial and Residential Mortgage Defaults: Spatial Dependence with Frailty," Journal of Econometrics, Elsevier, vol. 212(1), pages 47-77.
    5. Jill Wetmore & Chiaku Ndu, 2006. "Mortgage Refinancing Activity: An Explanation [1990–2001]," The Journal of Real Estate Finance and Economics, Springer, vol. 33(1), pages 75-86, August.
    6. Driessen, Joost & Van Hemert, Otto, 2012. "Pricing of commercial real estate securities during the 2007–2009 financial crisis," Journal of Financial Economics, Elsevier, vol. 105(1), pages 37-61.

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