Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis

Detalhes bibliográficos
Autor(a) principal: Mendes, Inês Filipa Pereira
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/122684
Resumo: This paper examines the Reverse Mortgage (RM) market development. It discusses potential market failures, such as adverse selection, and possible solutions. It is debated whether RM would thrive in Portugal by establishing a parallelism with Spain, and performing an empirical evaluation of borrowers’ potential demand, via survey. TheCOVID-19impactin the U.S. is studied, focusing on the aggregate demand drivers(interest rates, economic state, and disbursed amount). The results suggest that the RM market is resilient, flexible, and a good solution to liquidity issues. It does not seem, however, to be viable inmost countries due to regulatory matters and borrowers’ financial illiteracy.
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spelling Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisisReverse mortgageHecmCovid-19PortugalPensionBidenLiborAging societiesDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis paper examines the Reverse Mortgage (RM) market development. It discusses potential market failures, such as adverse selection, and possible solutions. It is debated whether RM would thrive in Portugal by establishing a parallelism with Spain, and performing an empirical evaluation of borrowers’ potential demand, via survey. TheCOVID-19impactin the U.S. is studied, focusing on the aggregate demand drivers(interest rates, economic state, and disbursed amount). The results suggest that the RM market is resilient, flexible, and a good solution to liquidity issues. It does not seem, however, to be viable inmost countries due to regulatory matters and borrowers’ financial illiteracy.Pereira, João PedroRUNMendes, Inês Filipa Pereira2021-08-18T14:12:10Z2021-01-142021-01-042021-01-14T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/122684TID:202740730enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:04:15Zoai:run.unl.pt:10362/122684Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:44:49.925133Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
title Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
spellingShingle Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
Mendes, Inês Filipa Pereira
Reverse mortgage
Hecm
Covid-19
Portugal
Pension
Biden
Libor
Aging societies
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
title_full Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
title_fullStr Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
title_full_unstemmed Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
title_sort Reverse mortgage: overview, potential for Portugal and impact of Covid-19 crisis
author Mendes, Inês Filipa Pereira
author_facet Mendes, Inês Filipa Pereira
author_role author
dc.contributor.none.fl_str_mv Pereira, João Pedro
RUN
dc.contributor.author.fl_str_mv Mendes, Inês Filipa Pereira
dc.subject.por.fl_str_mv Reverse mortgage
Hecm
Covid-19
Portugal
Pension
Biden
Libor
Aging societies
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Reverse mortgage
Hecm
Covid-19
Portugal
Pension
Biden
Libor
Aging societies
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This paper examines the Reverse Mortgage (RM) market development. It discusses potential market failures, such as adverse selection, and possible solutions. It is debated whether RM would thrive in Portugal by establishing a parallelism with Spain, and performing an empirical evaluation of borrowers’ potential demand, via survey. TheCOVID-19impactin the U.S. is studied, focusing on the aggregate demand drivers(interest rates, economic state, and disbursed amount). The results suggest that the RM market is resilient, flexible, and a good solution to liquidity issues. It does not seem, however, to be viable inmost countries due to regulatory matters and borrowers’ financial illiteracy.
publishDate 2021
dc.date.none.fl_str_mv 2021-08-18T14:12:10Z
2021-01-14
2021-01-04
2021-01-14T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/122684
TID:202740730
url http://hdl.handle.net/10362/122684
identifier_str_mv TID:202740730
dc.language.iso.fl_str_mv eng
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dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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