Research of Reverse Mortgage and the Pricing
| Autor: | Wei-Tsen Liao, 廖偉岑 |
|---|---|
| Rok vydání: | 2011 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 99 Following the gradual extended life expectancy of the people, Taiwan ismarching towards an aging society with an emerging trend of low birth rate and an issue of future source income for the elderly retirees -whether or not there is an alternative funding source to improve the daily life and medical expenses after their retirement. To solve the problem of cash poor and equity rich for older persons, reverse mortgage has been introduced in developing countries such the U.S., the U.K. and Hong Kong. Reverse mortgage is a new financial product that allows retirees to convert a proportion of the equity in their home into cash until they die. Reverse Mortgages is a strong business behavior, including the insurance, the property and other behaviors, to make many interrelated institutions get profits. The Reverse Mortgages is expected to ease off the failure of pension from aging population. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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