Pricing effects of the decision to sell or hold adjustable rate mortgage loans in a portfolio

John D. Benjamin, Andrea Heuson, C. F. Sirmans

Research output: Contribution to journalArticle

Abstract

Residential mortgage originators can transfer loans to ultimate lenders quickly and efficiently using the secondary mortgage market. Some adjustable rate mortgage (ARM) lenders use this outlet consistently while others hold whole loans in their portfolios on a long-term basis. Selling and holding lenders should respond to different economic factors when setting yields on ARM loans originated because their long-term positions in the loans are so diverse.

Original languageEnglish (US)
Pages (from-to)1-20
Number of pages20
JournalFinancial Review
Volume32
Issue number1
DOIs
StatePublished - Jan 1 1997

Fingerprint

Loans
Pricing
Adjustable rate mortgages
Mortgage loan
Economic factors
Mortgages
Mortgage market

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

Cite this

Pricing effects of the decision to sell or hold adjustable rate mortgage loans in a portfolio. / Benjamin, John D.; Heuson, Andrea; Sirmans, C. F.

In: Financial Review, Vol. 32, No. 1, 01.01.1997, p. 1-20.

Research output: Contribution to journalArticle

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