Mortgages to Secure Future Advances

Third-Party Defenses to Mortgages

The Future of Healthcare Facilities: How Technology and Medical Advances May Shape Hospitals of the Future

In this review article, we aim to depict how healthcare facilities may look in the near future from an architectural design point of view. For this purpose, we review newly introduced technology and medical advances in the field of healthcare, such as artificial intelligence (AI), robotic surgery, 3D printing, and information technology (IT), and suggest how those advances may affect the archit...

A Secure Future

Medical History is embarking on an exciting new journey. Thanks to the Wellcome Trust, the ownership of this journal has passed to Cambridge University Press. The Press is committed to running the publication as its flagship journal in the history of medicine, related sciences and health, and is keen to offer authors full flexibility when it comes to publishing and archiving their articles. Med...

A Treatise on Mortgages

Adjustable Rate Mortgages: Valuation

A simulation method is employed to value Adustable Rate Mortgages, (ARMS). It is used to price two typical instruments: an ARM linked to a Treasury interest rate and an ARM linked to a "Cost of Funds" Index. Contractual provisions such as the margin over the index, caps and floors on the ARM's rate or on the monthly prepayment, reset frequency, and the "teaser" rate are examined for their influ...