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- Title
How demographics contribute to mortgage default: using binary logistic regression to draw inferences.
- Authors
Rathnasingha, D. L. P. M.; Khatibi, Ali
- Abstract
The article discusses a study that focused on the demography of defaulting borrowers in Sri Lanka and presents insight into the demography of mortgage borrowers. The size of the housing finance sector in Sri Lanka is said to be 6 percent of gross domestic product. The National Savings Bank and the Housing Development Finance Corp. are considered the main players in the housing finance sector in the country. It was said that it is difficult for other sectors to obtain a mortgage facility.
- Subjects
SRI Lanka; HOUSING finance; MORTGAGE loan default; JATIKA Mudal Itirikirime Bankuva; HOUSING Development Corp.
- Publication
Housing Finance International, 2012, Vol 27, Issue 2, p27
- ISSN
1534-8784
- Publication type
Article