Research on the Theoretical Model of Psychological Factors of Borrowers with Residential Mortgage Loan

2012 ◽  
Author(s):  
Shang Yaohua
Keyword(s):  
Theoretical Model ◽  
Psychological Factors ◽  
Mortgage Loan ◽  
Residential Mortgage

scholarly journals Malaysian residential mortgage loan default: a micro-level analysis

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Azira Abdul Adzis ◽  
Hock Eam Lim ◽  
Siew Goh Yeok ◽  
Asish Saha
Keyword(s):  
Financial Institutions ◽  
Mortgage Loan ◽  
Mortgage Loans ◽  
Loan Default ◽  
Content Type ◽  
Future Studies ◽  
Residential Mortgage ◽  
The Government ◽  
The Individual ◽  
Lending Institutions

PurposeThis study investigates factors contributing to residential mortgage loans default by utilizing a unique dataset of borrowers' default data from one of the pioneer lending institutions in Malaysia that provides home financing to the public. Studies on mortgage loan default have been extensively examined, but limited studies utilize the individual borrower's data, as financial institutions generally hesitant to reveal their customers' data due to confidentiality issue.Design/methodology/approachThis study uses logistic regression model to analyze 47,158 housing loan borrowers' data for the year 2016.FindingsThe findings suggest that male borrowers, Malay and other type of ethnicity, guarantor availability, loan original balance, loan tenure, loan interest rate and loan-to-value (LTV) ratio are the significant factors that influence mortgage loans default in Malaysia.Research limitations/implicationsFuture studies may expand the sample by employing data from other types of financial institutions that would give greater insights as findings might vary due to differences in objectives, functions and regulations. In addition, the findings are subjected to the censoring bias where future studies could perform the survival analysis to control for censoring bias and re-validating the findings of the present study.Practical implicationsThe findings provide valuable insights for lending institutions and the government to formulate housing loan policy in Malaysia.Originality/valueTo the best of the authors' knowledge, this is the first study in the context of emerging economies that uses financial institution's internal data to investigate factors of mortgage loan default.

Race, redlining, and residential mortgage loan performance

1994 ◽  
Vol 9 (3) ◽  
pp. 263-294 ◽  
Author(s):  
James A. Berkovec ◽  
Glenn B. Canner ◽  
Stuart A. Gabriel ◽  
Timothy H. Hannan
Keyword(s):  
Mortgage Loan ◽  
Residential Mortgage

scholarly journals Relationship between Ethnic Identification and Acculturation Attitudes of Immigrants with Level of Their Socio-Economic Adaptation

2015 ◽  
Vol 11 (1) ◽  
pp. 71-85 ◽  
Author(s):  
D.S. Grigoryev
Keyword(s):  
Theoretical Model ◽  
Length Of Stay ◽  
Ethnic Group ◽  
Psychological Factors ◽  
Ethnic Identification ◽  
Host Society ◽  
Group Separation ◽  
Economic Adaptation ◽  
Acculturation Attitudes ◽  
High Level

This article describes the construction and testing of theoretical model of socio-economic adaptation (SEA) of immigrants considering psychological factors as the basic ones. In the analysis of previous studies acculturation attitudes of immigrants were identified as key psychological factors of SEA for the construction of the theoretical model; length of stay in the country and language skills were used as control variables; the characteristics of ethnic identity were used as predictors of acculturation attitudes. We carried out the survey of Russian-speaking immigrants in Belgium for verification of our model. Next we used path analysis for test¬ing of the model on the data obtained. According to the study, we found that (1) acculturation attitudes of immigrants associated to their level of SEA themselves regardless of length of stay in the country and their lan¬guage skills; (2) high level of SEA of immigrants is positively associated with orientation to the host society (integration and assimilation), and negative associated with orientation to their ethnic group (separation); (3) strong ethnic identification may facilitate the orientation of immigrants to their ethnic group and prevent assimilation.

scholarly journals Resistance to Change and Purchase Intention of Electric Vehicles: Empirical evidence from Vietnam

2021 ◽  
Vol 11 (2) ◽  
Author(s):  
Nguyen Gia Ninh ◽  
Keyword(s):  
Theoretical Model ◽  
Willingness To Pay ◽  
Electric Vehicles ◽  
Psychological Factors ◽  
Purchase Intention ◽  
Resistance To Change ◽  
Combustion Engine ◽  
Perceived Value ◽  
Personal Norms ◽  
Need For Uniqueness

On the grounds that psychological factors are increasingly used to better explain the purchase intention of customers towards electric vehicles (EVs), this study aims to examine the critical but less explored roles of resistance to change and the need for uniqueness in the purchase intention of EVs besides other conventional factors such as perceived value or personal norms. In doing so, this study would help governments and managers introduce effective measures to persuade customers to change from traditional internal combustion engine vehicles (ICEVs) to EVs. Data was collected from 175 respondents in Vietnam and PLS-SEM was utilized to analyze the theoretical model. The results illustrate that resistance to change has a significant impact on the purchase intention of EVs. In addition, perceived value has the most significant effects on willingness to pay and purchase intention of EVs. The need for uniqueness also impacts purchase intention through the willingness to pay.

The Robust Nature of the Biopsychosocial Model Challenge and Threat: A Reply to Wright and Kirby

2003 ◽  
Vol 7 (3) ◽  
pp. 234-243 ◽  
Author(s):  
Jim Blascovich ◽  
Wendy Berry Mendes ◽  
Joe Tomaka ◽  
Kristen Salomon ◽  
Mark Seery
Keyword(s):  
Theoretical Model ◽  
Psychological Factors ◽  
Biopsychosocial Model ◽  
Future Research ◽  
Economic Perspective ◽  
Social Psychological ◽  
Generative Theory ◽  
Current State ◽  
Environmental Interactions ◽  
Challenge And Threat

This article responds to Wright and Kirby's (this issue) critique of our biopsychosocial (BPS) analysis of challenge and threat motivation. We counter their arguments by reviewing the current state of our theory as well as supporting data, then turn to their specific criticisms. We believe that Wright and Kirby failed to accurately represent the corpus of our work, including both our theoretical model and its supporting data. They critiqued our model from a contextual, rational-economic perspective that ignores the complexity and subjectivity of person-person and person-environmental interactions as well as nonconscious influences. Finally, they provided criticisms regarding possible underspecificity of antecedent components of our model that do not so much indicate theoretical flaws as provide important and interesting questions for future research. We conclude by affirming that our BPS model of challenge and threat is an evolving, generative theory directed toward understanding the complexity of personality and social psychological factors underlying challenge and threat states.

scholarly journals Fixed Or Variable Rate Choice In The Commercial Bank Business Loan Market

2011 ◽  
Vol 19 (4) ◽  
Author(s):  
Manoj Athavale ◽  
Robert O. Edmister
Keyword(s):  
Interest Rates ◽  
Significant Risk ◽  
Bank Loans ◽  
Mortgage Loan ◽  
Variable Rate ◽  
Fixed Rate ◽  
Mortgage Loans ◽  
Residential Mortgage ◽  
Business Loan ◽  
Choice Decision

We study the choice available to business borrowers and lenders between fixed rate and variable rate bank loans. Unlike previous studies that examine residential mortgage loans, this analysis examines commercial and industrial loans. Business loans differ in attributes from mortgage loans and hence provide an opportunity to test determinants of the mortgage loan choice decision for other loan types. The diversity of business loans also permits tests of any effect which lender size and borrower size may have on the choice decision. Using a continuous index of preferences for the variable rate commercial loan, we find that the determinants of the business loan choice decision are different from the determinants of the mortgage loan choice decision. In contrast to prior research, we find strong evidence contradicting the proposition that variable rate loans are merely a response to high and variable interest rates. Further, this the first study to reveal size as a determinant of loan choice. Larger banks and larger borrowers have a greater preference for variable rate loans. Our results combined with the consolidation occurring among banks leads to the conclusion that the observed shift to variable rate bank loans is not transitory, and poses a significant risk for businesses with asset returns uncorrelated with short-term loan rates.

Sign in / Sign up

Export Citation Format

Share Document