Mortgage Backed Securities Products Structuring and Analytical Techniques 1st Edition by Frank Fabozzi, Anand Bhattacharya, William Berliner – Ebook PDF Instant Download/Delivery: 9780470179741, 0470179740
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Product details:
ISBN 10: 0470179740
ISBN 13: 9780470179741
Author: Frank J. Fabozzi, Anand K. Bhattacharya, William S. Berliner
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.
Table of contents:
PART ONE: Introduction to Mortgage and MBS Markets
Chapter 1: Overview of Mortgages and the Consumer Mortgage Market
Chapter 2: Overview of the Mortgage-Backed Securities Market
PART TWO: Prepayment and Default Metrics and Behavior
Chapter 3: Measurement of Prepayments and Defaults
Chapter 4: Prepayment Behavior and Performance
PART THREE: Structuring
Chapter 5: Introduction to MBS Structuring Techniques
Chapter 6: Fundamental MBS Structuring Techniques: Divisions of Principal
Chapter 7: Fundamental MBS Structuring Techniques: Divisions of Interest
Chapter 8: Structuring Private Label CMOs
Chapter 9: The Structuring of Mortgage ABS Deals
PART FOUR: Valuation and Analysis
Chapter 10: Techniques for Valuing MBS
Chapter 11: Measuring MBS Interest Rate Risk
Chapter 12: Evaluating Senior MBS and CMOs
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Tags: Frank Fabozzi, Anand Bhattacharya, William Berliner, Mortgage


