Alternatives to Libor in Consumer Mortgages

Coupling local currency Libor models to FX Libor models

We focus on the coupling of two existing and calibrated single currency Libor models into a joint Libor model that allows for pricing of multiple currency based structured interest rate products. Our main contribution is twofold: On the one hand we provide a method for synthesizing two local currency based correlation structures into a correctly defined joint correlation structure that describe...

Third-Party Defenses to Mortgages

RolloOver Mortgages in Canada

The Canadian system for financing housing differs in a number of important respects from the U.S. system. Of greatest interest for this study is the absence of interest rate ceilings on deposits or mortgages and the fact that nearly all single-family mortgages are of a "roll-over" variety with interest rates fixed for only a fraction of the total amortization period, These two differences, as w...

Libor Běhounek:

Microarrays present new powerful technique for high-throughput, global transcriptomic profiling of gene expression. It permits to investigate the expression levels of thousands of genes simultaneously. The global snapshots of gene expression, both among different cell types and among different states of a particular cell type can help in identifying candidate genes that may be involved in a var...

A Treatise on Mortgages