Petersen, Mark Adam; Schoeman, Ilse Maria; Mulaudzi, M.P.; Mukuddem-Petersen, Janine; De Waal, Bernadine
(Wiley, 2011)
Subprime residential mortgage securitization and its associated risks have been a major topic of discussion since the onset of the mortgage crisis in July 2007. In this paper, we provide a stochastic dynamic model for ...