Optimal recursive refinancing and the valuation of mortgage-backed securities
By: Francis A. Longstaff.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series -- no. 10422.; Working paper series (National Bureau of Economic Research) -- working paper no. 10422.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 28
Subjects: Mortgage loans -- United States -- Refinancing -- Econometric models
Notes: "April 2004."

Includes bibliographical references.

Also available in PDF from the NBER world wide web site (www.nber.org).