The purpose of this paper is to identify and study impact factors on the default risk likely to happen in MBS. So, MBS data given from the Korea Housing Finance Corporation and some factors, which are selected based on literature review, seeming relevant to default in MBS are applied to a VAR model. As a result, apartment price and new loan interest rate turn out to be statistically significant for default risk.
Ⅰ. 서론
Ⅱ. 이론 및 선행연구
Ⅲ. 실증분석
Ⅳ. 결론