Description
Book SynopsisThis edition of The Handbook of Mortgage-Backed Securities, the first revision following the subprime mortgage crisis, 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 volume includes contributions from a wide range of experts most of whom have been actively involved in the evolution of the mortgage-backed securities market.
Table of ContentsPART ONE: BACKGROUND; PART TWO: AGENCY RMBS: BASIC PRODUCTS; PART THREE: AGENCY RMBS: MUTLI-CLASS; PART FOUR: PRIVATE LABEL MBS; PART FIVE: COMMERCIAL MORTGAGE-BACKED SECURITIES; PART SIX: VALUATION AND PREPAYMENT MODELING; PART SEVEN: PORTFOLIO MANAGEMENT TOOLS AND TECHNIQUES