HIGHLIGHTS
- who: Hyung-Suk Choi from the School of Business, Ewha Womans University, Seodaemun-gu Ewhayeodae-gil, Seoul, Korea have published the research work: A Numerical Analysis to Study Whether the Early Termination of Reverse Mortgages is Rational, in the Journal: (JOURNAL)
- what: The authors provide the numerical solutions for the monthly payment from the actuarial pricing model of the reverse mortgage reflecting the house price growth and mortality improvement to examine whether the early-termination-and-repurchase strategy is profitable. In Table 3, the authors report the new monthly payments from the reverse mortgage under . . .
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