The Graduated-Payment Mortgage: Solving the Initial Payment Enigma

The Impact of Innovated Mortgage Payment on Labor’s Optimal Portfolio

Due to the diversification of financial instruments, the labor can adjust the mortgage payment to maximize personal utility function. We derive the optimal asset allocation by the different mortgage payment, and find that the labors who are more risk averse tend to take conservative strategy of investment. Because of the variation of labor income and mortgage payment, the allocation of risky as...

the algorithm for solving the inverse numerical range problem

برد عددی ماتریس مربعی a را با w(a) نشان داده و به این صورت تعریف می کنیم w(a)={x8ax:x ?s1} ، که در آن s1 گوی واحد است. در سال 2009، راسل کاردن مساله برد عددی معکوس را به این صورت مطرح کرده است : برای نقطه z?w(a)، بردار x?s1 را به گونه ای می یابیم که z=x*ax، در این پایان نامه ، الگوریتمی برای حل مساله برد عددی معکوس ارانه می دهیم.

The new payment mechanism

M-Payment - How Disruptive Technologies Could Change The Payment Ecosystem

Within developed economies, the field of m-payment appears to be driven by (disruptive) technological innovations. M-payments, similar to e-payments, have been regulated in such a way that banks and other established financial institutions have been able to maintain an unchallenged position in the payment ecosystem. However, disruptive technologies like Near Field Communication, but more import...

The price, quality and distribution of mortgage payment protection insurance: A hedonic pricing approach

Mortgage payment protection insurance (hereafter MPPI) provides varying combinations of accident, sickness and unemployment insurance and is used to protect the mortgage payments of policyholders in the event of a fall in income. Despite alleviating many housing market failures, this service has been heavily criticised for providing poor value for money and for being associated with unhelpful s...