Problem of real property valuation in the process of mortgage loan securitization in Poland
Problem of real property valuation in the process of mortgage loan securitization in Poland
Author(s): Magdalena BywalecSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: securitization; mortgage credits; property valuation; comparative approach; income approach; cost approach; mixed approach
Summary/Abstract: The article raised the problem of the lack of regular property valuations in the securitization of mortgage portfolios. The discussion in the article is an attempt to show that the regular valuation of real property as collateral for the mortgage loan securitization portfolio is crucial to the success of the process. Tracking changes in the value of mortgage collateral can help to minimize the risk of securitization and the increased interest of investors in mortgage-backed securities. Such behavior can contribute to the increased use of securitization on the financial markets.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2013
- Issue No: 316
- Page Range: 9-15
- Page Count: 7
- Language: English