Mortgage-Backed Securities

Description:

An in-depth look at the latest innovations in mortgage-backed securities 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.

subjects: Mortgage-backed securities,  Business,  Finance,  Nonfiction,  Secondary mortgage market,  Portfolio management,  Titres hypothécaires,  BUSINESS & ECONOMICS,  Investments & Securities,  Bonds,  Mortgage bonds,  Securities

Places: United States