| Title | : | Mortgage-Backed Securities |
|---|---|---|
| Author | : | Frank J. Fabozzi, Anand K. Bhattacharya & William S. Berliner |
| Release | : | 2010-12-30 |
| Kind | : | ebook |
| Genre | : | Investing, Books, Business & Personal Finance |
| Size | : | 4460054 |
| An in-depth look at the latest innovations in mortgage-backed securities The largest sector of the fixed-income market is the mortgage market. Understanding this market is critical for portfolio managers, as well as issuers who must be familiar with how these securities are structured. Mortgage-Backed Securities is a timely guide to the investment characteristics, creation, and analysis of residential real estate-backed securities. Each chapter contains cutting-edge information for investors, traders, and other professionals involved in this market, including discussions of structuring mortgage products-such as agency CMOs and new types of mortgages-and an in-depth explanation of the concept of option-adjusted spreads and other analytical concepts used to assess relative value. |
