Turnover: Housing Turnover

Description Usage Arguments See Also

View source: R/PrepaymentFunctions.R

Description

The function defines the housing turnover ramp (seasoning)

Usage

1
Turnover(alpha = 1, beta = 0.879, theta = 0.192, loan.age)

Arguments

alpha

The seasoning curve aysmptote (default value is 1.0)

beta

The seasoning curve intercept default value is 0.879

theta

The point of maximum steepness of the seasoning curve

loan.age

The age (WALA) of the mortgage loan or pool of mortgage loans

See Also

Other Prepayment and Default: BorrowerIncentive, BurnoutFunction, SDARamp, Seasonals


glennmschultz/BondLab documentation built on Nov. 8, 2017, 6:27 p.m.