Publicação
Impact Of COVID-19 Pandemic on Mortgage Modification and the Probability of Redefault
| datacite.subject.fos | Ciências Naturais::Ciências da Computação e da Informação | pt_PT |
| dc.contributor.advisor | Bravo, Jorge Miguel Ventura | |
| dc.contributor.author | Sequeira, Ricardo Macias Marques | |
| dc.date.accessioned | 2024-12-04T12:51:34Z | |
| dc.date.available | 2024-12-04T12:51:34Z | |
| dc.date.issued | 2024-10-21 | |
| dc.description | Dissertation presented as the partial requirement for obtaining a Master's degree in Data Science and Advanced Analytics, specialization in Business Analytics | pt_PT |
| dc.description.abstract | This study investigates the impact of the COVID-19 pandemic on mortgage modifications and the probability of redefault. Research aims to understand how pandemic-induced economic disruptions influenced mortgage holders' ability to maintain modified loan terms. Using logistic regression models, we analyzed data from a sample of Fannie Mae mortgage loans, comparing pre-pandemic and pandemic modifications. The results indicated a significant decrease of 27% in the probability of redefault when the loan is modified after the onset of the pandemic, highlighting the crucial role the government played in this crisis. The key variables included original loan terms, credit scores, and debt-to-income ratios. Furthermore, COVID-19 was found to have a significant effect on variables such as debt-to-income ratio and the modification of the loan term, when comparing pre and post covid modifications. This study contributes to the field by providing information on the financial strengths exposed by the pandemic and offers policy implications for the management of future economic crises. The findings underscore the robust financial support systems created to mitigate the adverse effects of such unprecedented events on mortgage stability and the direction that governments should take to expand such measures. | pt_PT |
| dc.identifier.tid | 203776488 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/176199 | |
| dc.language.iso | eng | pt_PT |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | pt_PT |
| dc.subject | COVID-19 | pt_PT |
| dc.subject | mortgage modification | pt_PT |
| dc.subject | redefault probability | pt_PT |
| dc.subject | logistic regression | pt_PT |
| dc.subject | economic impact | pt_PT |
| dc.subject | SDG 10 - Reduced inequalities | pt_PT |
| dc.title | Impact Of COVID-19 Pandemic on Mortgage Modification and the Probability of Redefault | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | Mestrado em Ciência de Dados e Métodos Analíticos Avançados, especialização em Métodos Analíticos para a Gestão | pt_PT |