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dc.contributor.authorMcDermott, P. G.
dc.date.accessioned2010-07-02T02:37:20Z
dc.date.available2010-07-02T02:37:20Z
dc.date.issued1999
dc.identifier.urihttps://hdl.handle.net/10182/2185
dc.description.abstractThis research attempts to develop a model or framework for better decision making when a lender is considering making a property loan. The research considers the international literature on the management of problem property loans by lenders, the causes of those problems, and steps to resolve the problems. By analysis of the problems encountered, issues for consideration when making a property loan are advanced. Following an identification of the important issues to consider a review of a sample of property transactions in New Zealand is undertaken, in particular risk mitigation techniques employed by a large trading bank. The literature review and research data are then combined to produce a decision framework. The results of the research suggest that it is possible to develop a process for considering individual aspects of risk when considering a property related loan advance. This may involve not only the use of new or developing financial instruments, but also cross-fertilisation of lender experience. The decision framework may be used to improve the loan approval process, formalise a body of knowledge for use by other lenders and borrowers, and increase the profitability of property lending by leading to a more accurate pricing of risk, or a reduction in lender risk for a given return.en
dc.language.isoenen
dc.publisherLincoln Universityen
dc.rights.urihttps://researcharchive.lincoln.ac.nz/page/rights
dc.subjectproperty financeen
dc.subjectloansen
dc.subjectworkoutsen
dc.subjectrisk mitigationen
dc.subjectdecision modelsen
dc.subjectdecision frameworken
dc.titleReducing the risks of property loans : a decision frameworken
dc.typeThesisen
thesis.degree.grantorLincoln Universityen
thesis.degree.levelMastersen
thesis.degree.nameMaster of Property Studiesen
lu.contributor.unitDepartment of Agricultural Management and Property Studiesen
dc.rights.accessRightsDigital thesis can be viewed by current staff and students of Lincoln University only. Print copy available for reading in Lincoln University Library. May be available through inter-library loan.en
dc.subject.anzsrc150201 Financeen
dc.subject.anzsrc150205 Investment and Risk Managementen


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