Income-contingent repayment scheme for non-performing mortgage loans in Hungary

Repayment policy for multiple loans

The Repayment Policy for Multiple Loans is about a given set of loans and a monthly incoming cash flow: what is the best way to allocate the monthly income to repay such loans? In this article, we close the almost 20-year-old open question about how to model the repayment policy for multiple loans problem together with its computational complexity. Thus, we propose a mixed integer linear progra...

Conventional Fixed-Schedule Versus Income Contingent Repayment Obligations: Is there a Best Loan Scheme?

As more countries are planning to inaugurate or enlarge student loan schemes, much of the debate is over the question of the optimal form of the repayment obligation: specifically, whether it should be according to a fixed schedule of payments or a percentage or earnings or income. This paper argues that the current fascination with income contingency is frequently based on a set of supposed ad...

INCOME CONTINGENT LOANS FOR HIGHER EDUCATION International Reform

Resolution of Non-Performing Loans in China

Dealing with non-performing loans of banks.PDF

A lot of confusion and misunderstanding has been created by several commentators on the issue of non-performing loans (NPLs) of banking system. They take the absolute amount of such loans at the current point of time and compare it with the quantum of such loans in October 1999 and make a hue and cry that the situation has deteriorated because the quantum of NPLs has gone up. Such a simplistic ...