The Handbook of Mortgage-Backed Securities is designed to provide not only the fundamentals of these securities and the investment characteristics that make them attractive to a broad range of investors but also extensive coverage on the state-of-the-art strategies for capitalizing on the opportunities in this market. The book is intended for both the individual investor and the professional manager. The Handbook of Mortgage-Backed Securities includes contributions from a wide range of experts most of whom have been actively involved in the evolution of the mortgage-backed securities market.