This paper analyses effects of an interest rate freeze in subprime mortgages on residential mortgage backed securities (RMBS). In particular, we study shifts in the underlying portfolio’s discounted cashflow distributions as well as changes in the payment profile of RMBS-tranches. We show that the positive effects of a rate freeze, e.g. less foreclosures and a stabilizing housing market, can ou...

The current study examines the contextual effects of community structural characteristics, as well as the mediating role of key social mechanisms, on youth suicidal behavior in Iceland. We argue that the contextual influence of community structural instability on youth suicidal behavior should be mediated by weak attachment to social norms and values (anomie), and contact with suicidal others (...

This paper explores the impact of residential mobility on educational outcomes. By considering a large Dutch city with substantial internal residential mobility, we examine how residential mobility influences the decision of students to drop out of school. The paper exploits a rich administrative dataset with extensive information on educational, individual, family, housing and moving character...

Woldenberg Village, an aging-in-place residential facility, is the result of 2 years of research and development. The design solution integrates physical, social, psychological, medical, and operational requirements to provide an opportunity for a gracious, dignified life-style as an individual ages. Each component of the village is designed to provide, in an unobtrusive way, differing amounts ...

The relevant research is questioning the essence of the existence of an adequate internal circulation to human dimensions. The research was based on the method of anthropometric assessment of internal circulation de Barros (2009), which was applied in three different sizes of apartments in the city of Caruaru-PE. These apartments were evaluated through the floor plans and furniture layouts, sug...

Building fire puts great threat on people’s lives and causes huge numbers of fatalities each year. In 2007, total fire death in the United States alone was 3,430. The number of fatalities is distributed among residential 75.5%, non-residential 3.6%, vehicle 16.7%, outside 1.6%, and other 2.6%. Although much research has been done on building fire simulation to support designing safer buildings,...

Prediction of residential natural gas consumption in 20 next years was performed in this paper. Artificial neural network (ANN) was used to predict the natural gas in the Kerman, the biggest province in the Iran. The Kerman is included with ten important cities where gas consumption was estimated in each city. The minimum temperature in each year, population growth rate and number of each year ...

— This paper deals with a class of totally disconnected groups acting on buildings, among which are certain Kac-Moody groups. The apartments of our buildings are hyperbolic planes tiled by right-angled polygons. We discuss linearity properties for the groups, as well as an analogy with semisimple groups over local fields of positive characteristic. Looking for counter-examples to this analogy l...

On the basis of the classical theory of envelope, we formulate the renormalization group (RG) method for global analysis, recently proposed by Goldenfeld et al. It is clarified why the RG equation improves things.