| Development of credit business, to promote the development of personal housingmortgage loan and make it become an important economic source of commercial banks, theproportion of financial institutions are also increased year by year. With the increase of marketinstability, the risk of personal housing mortgage loans will also rise, poor personal housingloan default rate has been improved. This paper introduces a double exponential jump diffusionmodel, from the housing loan risk analysis and the two aspects of pricing method, explores theprobability of default and analyzes the default of housing loan pricing.Main content of this article are as follows: first, because our country personal housingloan demand has been increasing in recent years, the study of personal housing loan has apositive effect. Secondly, the risk of personal housing mortgage loan are analyzed in a certaindegree of. Again, the personal housing loan model was established, and further do theprobability of default for model. Finally, the existing default risk of personal housing loanpricing, and to make an empirical analysis of the probability of default and loan pricing. |
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