{"product_id":"basics-of-mortgage-backed-securities-9781883249878","title":"Basics of Mortgage-Backed Securities","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThe purpose of \u003ci\u003eBasics of Mortgage-Backed Securities\u003c\/i\u003e is to provide readers with a fundamental understanding of mortgage securities as an integral part of investment in fixed-income securities. The second edition of this MBS classic provides the latest information on the U.S. residential mortgage market, adjustable-rate mortgages and mortgage pass-throughs, relative value analyses and performance characteristics.  \u003cp\u003eDr. James Hu discusses the major changes within the mortgage market that may affect the fundamentals of mortgage securities. Some of these are: the recovery of the REMIC market after its collapse; the flourish of private-label securities; the growth of equity loan-backed securities and its establishment as a member of the fixed-income securities family. Also included are additional historical data for all exhibits. Mortgage pre-payment, dollar rolls, and private-label mortgage-backed securities are also addressed.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eAbout the Author.\u003cbr\u003e \u003cbr\u003e Preface.\u003cbr\u003e \u003cbr\u003e 1. Residential Mortgages.\u003cbr\u003e \u003cbr\u003e 2. The U.S. Residential Mortgage Market.\u003cbr\u003e \u003cbr\u003e 3. Mortgage Pass-Through Securities.\u003cbr\u003e \u003cbr\u003e 4. Mortgage Prepayment.\u003cbr\u003e \u003cbr\u003e 5. Basic Mortgage Math.\u003cbr\u003e \u003cbr\u003e 6. Adjustable-Rate Mortgages and Mortgage Pass-Throughs.\u003cbr\u003e \u003cbr\u003e 7. Multiclass Mortgage Pass-Throughs.\u003cbr\u003e \u003cbr\u003e 8. Private-Label Mortgage-Backed Securities.\u003cbr\u003e \u003cbr\u003e 9. Home Equity Loan-Backed Securities.\u003cbr\u003e \u003cbr\u003e 10. Analysis of Dollar Rolls.\u003cbr\u003e \u003cbr\u003e 11. Relative Value Analysis of Mortgage Securities.\u003cbr\u003e \u003cbr\u003e 12. Performance of Mortgage Securities.\u003cbr\u003e \u003cbr\u003e Index.","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49414134169943,"sku":"9781883249878","price":81.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781883249878.jpg?v=1730522574","url":"https:\/\/bookcurl.com\/products\/basics-of-mortgage-backed-securities-9781883249878","provider":"Book Curl","version":"1.0","type":"link"}