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NPLs: A New Asset Class?

Authors :
Lusignani, Guiseppe
Pettinari, Luca
Tedeschi, Riccardo
Source :
Wilmott Magazine; January 2021, Vol. 2021 Issue: 111 p19-31, 13p
Publication Year :
2021

Abstract

Guiseppe Lusignani, Luca Pettinari, and Riccardo Tedeschi introduce a top‐down parsimonious model for simulating the recoveries of both secured and unsecured non‐performing loan (NPL) portfolios and a pricing approach to estimate the fair value of NPL securitization notes issues by ABS vehicles.

Details

Language :
English
ISSN :
15406962 and 15418286
Volume :
2021
Issue :
111
Database :
Supplemental Index
Journal :
Wilmott Magazine
Publication Type :
Periodical
Accession number :
ejs55234768
Full Text :
https://doi.org/10.1002/wilm.10902