Reinforcement learning and mortgage partial prepayment behavior

Deng, Yongheng; Gu, Quan-Lin; He, Jia

doi:10.1016/j.pacfin.2020.101378

Cited by 3 publications

(3 citation statements)

References 33 publications

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“…The relationship is positively significant (β = 0.526, p = 0.01) as explained by variance of 27.7%. Apparently, this finding is also parallel with the theory of reinforcement and repayment behaviour by (Deng et al, 2016). According to (Deng et al, (2016) the reinforcement learning process is at the heart of successful relationship with repayment behaviour and accountability in which reinforcement encourages borrower to become accountable based on reward and punishment.…”

Section: ) Does the Level Of Accountability Have Significant Relation...supporting

confidence: 56%

“…Apparently, this finding is also parallel with the theory of reinforcement and repayment behaviour by (Deng et al, 2016). According to (Deng et al, (2016) the reinforcement learning process is at the heart of successful relationship with repayment behaviour and accountability in which reinforcement encourages borrower to become accountable based on reward and punishment. According to Skinner (1931), human behaviour can be changed based on the impact that is imposed on them.…”

Section: ) Does the Level Of Accountability Have Significant Relation...supporting

confidence: 56%

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Factors Affecting Repayment Behaviour in Islamic Microfinance Programs

Hassan¹,

Yahya²,

Shari³

2023

IJARAFMS

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This study is primarily concerned with borrower behaviour in the context of microfinance financing repayment. The high non-performing loans (NPLs) incurred by microfinance institutions are one of the contributing factors to the failure to achieve the objective of poverty alleviation. This study used the quantitative approach, and structured questionnaires were distributed among respondents in Peninsular Malaysia who were selected via multistage random sampling. The results of the analysis showed that borrowers' repayment behaviour was affected by their characteristics and accountability. Moreover, religiosity and business performance did not have a significant direct relationship with repayment behaviour. This research also found that accountability played a significant positive role as a mediator between borrower characteristics and repayment behaviour. This study makes a significant contribution to the knowledge of microfinance programmes, in which it explains repayment performance plays an important role in order to improve the social economy and alleviate poverty. The result also contributed to the practical aspect by suggesting ways to improve service and screening approaches to identify early warning signs and some factors that are potentially related to borrower behaviour.

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Section: ) Does the Level Of Accountability Have Significant Relation...supporting

confidence: 56%

Section: ) Does the Level Of Accountability Have Significant Relation...supporting

confidence: 56%

Factors Affecting Repayment Behaviour in Islamic Microfinance Programs

Hassan¹,

Yahya²,

Shari³

2023

IJARAFMS

View full text Add to dashboard Cite

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“…With regard to the discussion of the problem of the nature of mortgages, it should be noted that to date, it continues to be generally quite controversial [3]. The first point of view is that the pledge is considered as a real right together with the right of ownership and other rights [4].…”

Section: Resultsmentioning

confidence: 99%

Mortgage and mortgage lending as a tool for financial recovery of the modern Russian economy

Rybak

2021

E3S Web Conf.

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The article is devoted to the institutional analysis of the problem of improving the legal regulation of mortgage relations in Russia in modern conditions in the presence of a rather limited financial capacity of the population in modern conditions to purchase real estate or housing. In this regard, the mortgage becomes the most necessary tool to ensure the socio-economic development of society, its stable and sustainable development. The formation of the property base currently generates a corresponding demand in the real estate market, and develops a corresponding interest among consumers in mortgage lending. At the same time, the emerging financial mechanism of mortgages also ensures the formation of the solvency of not only the population, but also other market participants, so that this market segment becomes not only in demand, but also successfully developed. Considering this problem, the author sought to update the scientific, theoretical and practical interest in this topic and to reveal the problems that hinder the development of mortgages as an important factor in the financial recovery of the modern market economy.

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