|26-282 Housing Finance W(3-0)|
Examines housing finance activity from the standpoint of the role of individual decision units - lenders, borrowers, developers and investors. The magnitude of the funds such units provide; the sources of such funds; the nature and form of the funding instruments and the methods of allocating funds at an institutional level will be reviewed. The mathematics of real estate financing is included in order to explore the issues related to developing instruments and loan underwriting. The objectives and impact of government regulation on financing activities of individual decision units will be explored.
|Prerequisites: 10 course credits.|
|1998-99 Undergraduate Calendar|