Investing in Mortgage-Backed and Asset-Backed Securities, + Website

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118944003
Total Pages : 421 pages
Book Rating : 4.1/5 (189 download)

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Book Synopsis Investing in Mortgage-Backed and Asset-Backed Securities, + Website by : Glenn M. Schultz

Download or read book Investing in Mortgage-Backed and Asset-Backed Securities, + Website written by Glenn M. Schultz and published by John Wiley & Sons. This book was released on 2016-01-26 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: A complete guide to investing in and managing a portfolio of mortgage- and asset-backed securities Mortgage- and asset-backed securities are not as complex as they might seem. In fact, all of the information, financial models, and software needed to successfully invest in and manage a portfolio of these securities are available to the investment professional through open source software. Investing in Mortgage and Asset-Backed Securities + Website shows you how to achieve this goal. The book draws entirely on publicly available data and open source software to construct a complete analytic framework for investing in these securities. The analytic models used throughout the book either exist in the quantlib library, as an R package, or are programmed in R and incorporated into the analytic framework used. Examines the valuation of fixed-income securities—metrics, valuation framework, and return analysis Covers residential mortgage-backed securities—security cash flow, mortgage dollar roll, adjustable rate mortgages, and private label MBS Discusses prepayment modeling and the valuation of mortgage credit Presents mortgage-backed securities valuation techniques—pass-through valuation and interest rate models Engaging and informative, this book skillfully shows you how to build, rather than buy, models and proprietary analytical platforms that will allow you to invest in mortgage- and asset-backed securities.

Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 9780471385875
Total Pages : 896 pages
Book Rating : 4.3/5 (858 download)

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Book Synopsis Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities by : Lakhbir Hayre

Download or read book Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities written by Lakhbir Hayre and published by John Wiley & Sons. This book was released on 2001-05-07 with total page 896 pages. Available in PDF, EPUB and Kindle. Book excerpt: Der Markt für hypothekarisch gedeckte und forderungsbesicherte Wertpapiere ist seit 1980 von etwa 1 Milliarde US Dollar auf über 2,5 Billionen US Dollar angestiegen. Der "Salomon Smith Barney Guide to Mortgaged-Backed and Asset-Backed Securities" trägt dieser Entwicklung Rechnung. Autor Lakhbir Hayre, Mitarbeiter von Salomon Smith Barney, New York, erläutert dieses Thema anhand von unternehmeninternem Material anschaulich, zusammenhängend, praxisnah und umfassend. Dieses Buch ist nicht nur ein nützlicher Leitfaden für die Praxis, sondern auch ein ideales Übungsbuch und Nachschlagewerk für alle Investmentprofis, institutionelle Anleger und Anleger in Pensionsfonds und Hedge Funds.

Investing in Mortgage-Backed and Asset-Backed Securities

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Author :
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4./5 ( download)

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Book Synopsis Investing in Mortgage-Backed and Asset-Backed Securities by : Glenn M. Schultz

Download or read book Investing in Mortgage-Backed and Asset-Backed Securities written by Glenn M. Schultz and published by John Wiley & Sons. This book was released on 2016-01-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A complete guide to investing in and managing a portfolio of mortgage- and asset-backed securities Mortgage- and asset-backed securities are not as complex as they might seem. In fact, all of the information, financial models, and software needed to successfully invest in and manage a portfolio of these securities are available to the investment professional through open source software. Investing in Mortgage and Asset-Backed Securities + Website shows you how to achieve this goal. The book draws entirely on publicly available data and open source software to construct a complete analytic framework for investing in these securities. The analytic models used throughout the book either exist in the quantlib library, as an R package, or are programmed in R and incorporated into the analytic framework used. Examines the valuation of fixed-income securities--metrics, valuation framework, and return analysis Covers residential mortgage-backed securities--security cash flow, mortgage dollar roll, adjustable rate mortgages, and private label MBS Discusses prepayment modeling and the valuation of mortgage credit Presents mortgage-backed securities valuation techniques--pass-through valuation and interest rate models Engaging and informative, this book skillfully shows you how to build, rather than buy, models and proprietary analytical platforms that will allow you to invest in mortgage- and asset-backed securities.

Mortgage-Backed Securities

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118044711
Total Pages : 302 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Mortgage-Backed Securities by : Frank J. Fabozzi

Download or read book Mortgage-Backed Securities written by Frank J. Fabozzi and published by John Wiley & Sons. This book was released on 2010-12-30 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Mortgage-Backed Securities

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118149297
Total Pages : 358 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Mortgage-Backed Securities by : Frank J. Fabozzi

Download or read book Mortgage-Backed Securities written by Frank J. Fabozzi and published by John Wiley & Sons. This book was released on 2011-08-31 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: An up-to-date look at the latest innovations in mortgage-backed securities Since the last edition of Mortgage-Backed Securities was published over three years ago, much has changed in the structured credit market. Frank Fabozzi, Anand Bhattacharya, and William Berliner all have many years of experience working in the fixed-income securitization markets, and have witnessed many cycles of change in the mortgage and MBS sectors. And now, with the Second Edition of Mortgage-Backed Securities, they share their knowledge on many of the products and structuring innovations that have taken place since the financial crisis and fiscal reform. 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. Discusses the dynamic interaction between the mortgage industry, home prices, and credit performance Addresses revised valuation techniques in which all non-agency MBS must be treated as credit pieces Examines the shift in this marketplace since the crisis and the impact on industry and investors Filled with in-depth insights and expert advice, Mortgage-Backed Securities, Second Edition 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.

Investing in Mortgage Securities

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Author :
Publisher : Irwin Professional Publishing
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Investing in Mortgage Securities by : John Edward Bowen

Download or read book Investing in Mortgage Securities written by John Edward Bowen and published by Irwin Professional Publishing. This book was released on 1989 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mortgage-backed Securities

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Author :
Publisher : Irwin Professional Publishing
ISBN 13 :
Total Pages : 506 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Mortgage-backed Securities by : Frank J. Fabozzi

Download or read book Mortgage-backed Securities written by Frank J. Fabozzi and published by Irwin Professional Publishing. This book was released on 1987 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Handbook of Mortgage-backed Securities

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Author :
Publisher : Oxford University Press
ISBN 13 : 0198785771
Total Pages : 831 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis The Handbook of Mortgage-backed Securities by : Frank J. Fabozzi

Download or read book The Handbook of Mortgage-backed Securities written by Frank J. Fabozzi and published by Oxford University Press. This book was released on 2016 with total page 831 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previous edition: New York: McGraw-Hill, 2006.

Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0471196908
Total Pages : 890 pages
Book Rating : 4.4/5 (711 download)

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Book Synopsis Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities by : Lakhbir Hayre

Download or read book Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities written by Lakhbir Hayre and published by John Wiley & Sons. This book was released on 2002-11-11 with total page 890 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mortgage-backed and asset-backed securities are fixed-income securities, like bonds, which derive their return from an underlying mortgage or basket of mortgages, or an asset or basket of assets. This market has increased from about $100 billion in 1980 to over $2.5 trillion today. Filling the void for a new book on fixed-income, Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities provides a coherent and comprehensive approach to the subject. Featuring material used by the company, this book is an ideal training tool and resource for investment professionals, institutional investors, pension fund investors, and hedge-fund investors. Lakhbir Hayre (New York, NY) is a mortgage officer at Salomon Smith Barney, and their leading expert on mortgage-backed and asset-backed securities. He is a Certified Financial Analyst and a Doctor of Philosophy.

The Securitization Markets Handbook

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118006747
Total Pages : 469 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis The Securitization Markets Handbook by : Charles Austin Stone

Download or read book The Securitization Markets Handbook written by Charles Austin Stone and published by John Wiley & Sons. This book was released on 2012-09-25 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to the continuously evolving world of securitization The Second Edition of The Securitization Markets Handbook is a valuable resource for both experienced money managers trying to put a securitization strategy into place as well as newcomers looking to acquire a broad and strong foundation in this discipline. This edition takes a close look at the pre- and post-crash mortgage market and the mortgage-backed securities based on those mortgages, as well as other asset-backed securities including commercial paper or credit cards. The crash of the subprime market and the failure of the asset-backed markets offer an opportunity to learn about banking finance, specifically off-balance sheet finance, and the many costly mistakes that resulted in one of the most severe downturns in financial markets. With this book, you'll discover why certain mortgage and asset-backed securities imploded and others didn't. This new edition examines why the market failed and how the next crisis can be averted or made less severe. It also explains why securitization remains a primary source of capital for the mortgage market, credit card market, home equity market, auto loan market, and segments of the commercial paper market. Offers an informed overview of how the securitization market works, how to make money in it, and what's next for asset- and mortgage-backed securities after the crisis Contains new chapters on CDOs and SIVs, along with a history of the growth and crash of the subprime market, asset-backed securities, and home equity lines of credit Written by securitization experts Charles Stone and Anne Zissu Updated to reflect the current market environment, the Second Edition of The Securitization Markets Handbook offers clear, comprehensive guidance to these complex markets.

Mortgage-backed Securities

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Author :
Publisher : Prentice Hall
ISBN 13 :
Total Pages : 536 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Mortgage-backed Securities by : William W. Bartlett

Download or read book Mortgage-backed Securities written by William W. Bartlett and published by Prentice Hall. This book was released on 1989 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Citigroup Guide to Mortgage-Backed and Asset-Backed Securities

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Author :
Publisher :
ISBN 13 : 9780470118078
Total Pages : 912 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Citigroup Guide to Mortgage-Backed and Asset-Backed Securities by : Lakhbir Hayre

Download or read book Citigroup Guide to Mortgage-Backed and Asset-Backed Securities written by Lakhbir Hayre and published by . This book was released on 2007-09 with total page 912 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Citigroup Guide to Mortgage-Backed and Asset-Backed Securities is the second edition of the Salomon Smith Barney Guide, and will reflect Citigroup's acquisition of Salomon Smith Barney. Edited by Lakhbir Hayre and written by a team of analysts at Citigroup, the new book will address changes in today's MBS and ABS markets. This exhaustive guide will include a new chapter on Dollar Rolls, more detailed primers on important ABS sectors, and new chapters on recent valuation advances in volatility skew and modeling of ABS and CMBS defaults. All of the existing chapters have also been updated to reflect market developments.

Investing in Mortgage Securities

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Author :
Publisher : CRC Press
ISBN 13 : 142002535X
Total Pages : 344 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Investing in Mortgage Securities by : Laurence G. Taff

Download or read book Investing in Mortgage Securities written by Laurence G. Taff and published by CRC Press. This book was released on 2002-09-27 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing the expertise of an internal business consultant to one of the largest issuers of mortgage securities, Investing in Mortgage Securities serves as a high-level introduction to mortgage securities presented within the framework of fixed income securities. It presents institutional investors, portfolio managers, traders, and sophisticated individual investors with a clear, concise, and unified approach to valuing, pricing, and investing in mortgage securities. The author supplies a complete explanation of all types of mortgages and fixed income securities and highlights the differences between bonds, mortgages, and mortgage derivatives. The text walks you through all the necessary steps, including worked out mathematical examples, to ensure that you make the best buy and sell decisions possible. It also contains exercises to help you test your knowledge before making significant investment decisions.

Investing in Commercial Mortgage-Backed Securities

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 9781883249885
Total Pages : 276 pages
Book Rating : 4.2/5 (498 download)

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Book Synopsis Investing in Commercial Mortgage-Backed Securities by : Frank J. Fabozzi

Download or read book Investing in Commercial Mortgage-Backed Securities written by Frank J. Fabozzi and published by John Wiley & Sons. This book was released on 2000-12-15 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commercial mortgage-backed securities (CMBS)-securitizations of mortgage loans backed by commercial real estate-have become compelling devices for fixed income investing. This title, edited by renowned financial expert Frank Fabozzi, describes the structure, valuation, and performance of CMBS, illustrates an empirical framework for estimating CMBS defaults, instructs how to value prepayment and credit risks of CMBS, and more.

An Investment Guide to Mortgage-Backed Securities

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Author :
Publisher : Amacom Books
ISBN 13 : 9780814407394
Total Pages : 256 pages
Book Rating : 4.4/5 (73 download)

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Book Synopsis An Investment Guide to Mortgage-Backed Securities by : Laurence G. Taff

Download or read book An Investment Guide to Mortgage-Backed Securities written by Laurence G. Taff and published by Amacom Books. This book was released on 2002 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. residential mortgage market is worth 4 trillion dollars -- more than stocks, corporate bonds, or any other headline market. And since people will always buy homes, mortgage securities are among the most stable investment vehicles available anywhere.This book takes investment professionals and sophisticated consumer investors through the strategy, mathematics, and risk management of mortgage securities. From a basic explanation of how these investments work to the detailed math behind the savviest decisions, author Laurence Taft covers: how and why to invest in mortgage securities, as compared to other fixed-income instruments -- different types of mortgages and their markets -- how to predict and model interest rates using universally accepted methods -- how rate changes, accelerated payment, and early payoff can affect return -- and much moreAll the information is supported by equations the author has developed in his career at one of the nation's largest issuers of mortgages and mortgage securities.

The Handbook of Mortgage-Backed Securities, 7th Edition

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Author :
Publisher : Oxford University Press
ISBN 13 : 0191088781
Total Pages : 864 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis The Handbook of Mortgage-Backed Securities, 7th Edition by : Frank J. Fabozzi

Download or read book The Handbook of Mortgage-Backed Securities, 7th Edition written by Frank J. Fabozzi and published by Oxford University Press. This book was released on 2016-09-01 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 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.

The Handbook of Asset-backed Securities

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Author :
Publisher : Prentice Hall
ISBN 13 :
Total Pages : 582 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Handbook of Asset-backed Securities by : Jess Lederman

Download or read book The Handbook of Asset-backed Securities written by Jess Lederman and published by Prentice Hall. This book was released on 1990 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: