Investing in Mortgage-Backed and Asset-Backed Securities, + Website
Title | Investing in Mortgage-Backed and Asset-Backed Securities, + Website PDF eBook |
Author | Glenn M. Schultz |
Publisher | John Wiley & Sons |
Pages | 421 |
Release | 2016-01-26 |
Genre | Business & Economics |
ISBN | 1118944003 |
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
Title | Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities PDF eBook |
Author | Lakhbir Hayre |
Publisher | John Wiley & Sons |
Pages | 896 |
Release | 2001-05-07 |
Genre | Business & Economics |
ISBN | 9780471385875 |
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
Title | Investing in Mortgage-Backed and Asset-Backed Securities PDF eBook |
Author | Glenn M. Schultz |
Publisher | John Wiley & Sons |
Pages | 0 |
Release | 2016-01-08 |
Genre | |
ISBN |
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
Title | Mortgage-Backed Securities PDF eBook |
Author | Frank J. Fabozzi |
Publisher | John Wiley & Sons |
Pages | 302 |
Release | 2010-12-30 |
Genre | Business & Economics |
ISBN | 1118044711 |
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.
Investing in Asset-Backed Securities
Title | Investing in Asset-Backed Securities PDF eBook |
Author | Frank J. Fabozzi |
Publisher | John Wiley & Sons |
Pages | 564 |
Release | 2001-11-09 |
Genre | Business & Economics |
ISBN | 9781883249809 |
A collection of articles from various professionals, discussing the details of investing in asset-backed securities. Main topics addressed include non-real estate backed ABS, collateralized debt obligations, residential real-estate backed ABS, accounting, commercial mortgage backed securities, and analysis of ABS.
Asset-Backed Securities
Title | Asset-Backed Securities PDF eBook |
Author | Anand K. Bhattacharya |
Publisher | John Wiley & Sons |
Pages | 436 |
Release | 1996-09-15 |
Genre | Business & Economics |
ISBN | 9781883249106 |
Asset-Backed Securities provides comprehensive coverage of the major asset-backed securities, structuring issues, and relative value analysis from the leading experts in the field. Comprehensive coverage includes the expanding frontiers of asset securitization, introduction to ABS accounting, trends in the structuring of ABSs, and prepayment nomenclature in the ABS market.
Investing in Commercial Mortgage-Backed Securities
Title | Investing in Commercial Mortgage-Backed Securities PDF eBook |
Author | Frank J. Fabozzi |
Publisher | John Wiley & Sons |
Pages | 276 |
Release | 2000-12-15 |
Genre | Business & Economics |
ISBN | 9781883249885 |
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.