|
|
| | | |
Davidson Jettisons Hybrid ARM Valuations, Creates New, More Reliable Prepay Index
Davidson & Co. is changing how it values hybrid ARMs. Although this is not an overhaul of the firm’s popular prepayment models, it will have a big effect, reported Alex Levin, Davidson’s valuation modeler. The company does plan to launch a new prepayment model later this year.
Levin created the firm’s current model using an index based on balloon mortgage data gleaned from histories created by Bloomberg. Every Davidson prepay model relies on a particular…
Subscribers have free access to the archives. Click here.
Non-Subscribers: click here to subscribe
Pay per view ($50.00)
|  | | Home | Login | Subscribe | Contact Us | User Agreement & Privacy Policy | © Copyright 2010, Inside Mortgage Finance Publications
7910 Woodmont Ave., Suite 1000, Bethesda, MD 20814
Tel: (301) 951-1240; Fax: (301) 656-1709
All rights reserved. Photocopying or electronic distribution of this web page or any of its contents without prior written consent of the publisher violates U.S. copyright law, and is punishable by statutory damages of up to $150,000 per infringement, plus attorneys' fees (17 USC 504 et seq.). Without advance permission, illegal copying includes regular photocopying, faxing, excerpting, forwarding electronically, and sharing of online access.
|
|
|
Shopping Cart
