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ARTÍCULO
TITULO

On the Linearly Increasing System of Amortization

Clovis Jose Daudt Lyra Darrigue de Faro    

Resumen

Aiming to reach a compromise solution to the issues of default risk and the payment capacity of takers of housing loans, Jorge Oscar de Mello Flôres submited to the Banco Nacional de Habitação, which was then in charge of the Brazilian System of Housing Financing, what he named as the Linearly Increasing System of Amortization. (LISA). Following a critical analysis of the LISA, it is proposed the alternative named as the Generalyzed System of Mixed Amortization (GSMA).

PÁGINAS
pp. 559 - 576
MATERIAS
ECONOMÍA

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