Mortgage-Backed Securities

Full Name
Mortgage-Backed Securities: Products, Structuring, and Analytical Techniques

Mortgage-Backed Securities provides an up-to-date look at the latest innovations in mortgage-backed securities. Written in a straightforward and accessible style, and containing numerous illustrations, this timely guide skillfully addresses the investment characteristics, creation, and analysis of mortgage-backed securities. Each chapter contains cutting-edge concepts that you'll need to understand in order to thrive within this arena. Filled with in-depth insights and expert advice, Mortgage-Backed Securities offers you a realistic assessment of this field and outlines the products, structures, and analytical techniques you need to know about in this evolving arena.

Divided into four comprehensive parts, this reliable resource contains cutting-edge concepts you'll need to understand in order to succeed within this arena.

  • Part One: introduces the essential aspects of the mortgage and MBS markets
  • Part Two: discusses prepayment and default behavior, along with an array of metrics and conventions used to quantify these activities
  • Part Three: describes a variety of structures and tranches, along with techniques used in structuring them
  • Part Four: outlines the metrics and methodologies necessary to evaluate the potential risks and returns associated with mortgage-backed securities