TY  - BOOK
AU  - Daniel,John
TI  - A fixed-rate loan prepayment model for Australian mortgages
SN  - 03128962
AV  - HD31 AUS 
PY  - 2010///
CY  - Los Angeles
PB  - Sage
KW  - Mortgage
KW  - Asset-backed securities
KW  - Method of moments
KW  - Australia
N2  - This paper is an investigation of Australian mortgage loan prepayment from a modelling perspective. A prepayment model for loans of mortgage- backed securities is developed specifically for the Australian mortgage market, and then empirically tested using (Reuters) Australian mortgage-backed security data. The model has origins in the fixed-rate loan prepayment models of the United States, but is designed and developed to take into account the Australian mortgage market structure. The model proves very successful when tested empirically
UR  - https://doi.org/10.1177/0312896209358261
ER  -