PL EN


2014 | 186 cz 1 | 37-47
Article title

Wady i zalety obowiązujących w Polsce metod wyceny nieruchomości z punktu widzenia procesu sekurytyzacji kredytów hipotecznych

Content
Title variants
EN
Advantages and Disadvantages Existing in Poland Real Estate Valuation Methods From the Point of View of the Securitization of Mortgages
Languages of publication
PL
Abstracts
EN
The last financial crisis has shown that one of the main problems of the mortgage market and related portfolios of mortgage securitization market , is correct estimation of property value. This value is important because it represents a kind of protection for both the mortgage and the securities issued in the securitization of mortgages. This article is an attempt to analyze the existing solutions in Poland on property valuation in terms of their strengths and weaknesses, and suitability for the securitization process.The paper presents on the one hand disadvantages adopted in Poland solutions that can contribute to reduce the possibility of mortgages securitisation, incorrect running of the securitisation and to increase the risks associated with this process. On the other hand, this article tried to highlight the advantages of the methods used in Poland for the valuation of the property. Suitable used the advantages of real estate valuation methods enhanced appropriate procedure revaluation of property values can help to increase the safety of mortgage securitization and thus to increase the interest of mortgage-backed securities.
Year
Volume
Pages
37-47
Physical description
Contributors
References
  • Adamiczka J.: Rola założeń i jakości danych w procesie szacowania a niepewność wyceny. "Nieruchomości" 2006, nr 1 (89).
  • Adamiczka J.: Wartość a cena nieruchomości. "Nieruchomości" 2006, nr 6 (94).
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  • Cegielski P., Jajuga K.: Stopa dyskontowa w wycenie nieruchomości, cz. II - stopa dyskonta - podstawy metodologiczne. "Nieruchomości" 2003, nr 10 (62).
  • Dydenko J.: Szacowanie nieruchomości. Wydawnictwo Dom Wydawniczy ABC, Warszawa 2006.
  • Ghysels E., Plazzi A., Torous W., Valkanov R.: Forecasting Real Estate Prices Version. February 1, 2012.
  • Nurek W.: Rola baz danych w procesie wyceny nieruchomości. "Nieruchomości" 2004, nr 5 (69).
  • Rainer J., Laderman E.: Mortgage Loan Securitization and Relative Loan Performance. Federal Reserve Bank of San Francisco, Working Paper Series, August 2011.
  • Wierzyca Ł.: Różna wartość i co wtedy? "Nieruchomości" 2001, nr 06 (34).
  • Powszechne Krajowe Zasady Wyceny (PKZW) nota interpretacyjna nr 1. http://pfsm.pl/ sites/default/files/NI_1.pdf (25.02.2013).
Document Type
Publication order reference
Identifiers
ISSN
2083-8611
YADDA identifier
bwmeta1.element.desklight-ab0f3780-7ac7-494e-a748-88333d4e88c6
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