The Handbook of Mortgage-backed Securities
Frank J. Fabozzi
Probus Pub., 1985 - Mortgage bonds - 631 pages
The definitive MBS guide, with fully updated material on the latest mortgage-backed products, methods, models, and portfolio strategies By providing hands-on information vital to market participants, previous editions of "The Handbook of Mortgage-Backed Securities" were instrumental in fueling the growth of the mortgage-backed securities market. The sixth edition contains all the elements that made previous editions so successful and influential, and provides you with more than 25 new chapters on topics including collateralized mortgage obligations, prepayment derivatives, loan level determinants of repayments, new approaches to MBS valuation, and a survey of non-U.S. mortgage rates.
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Introduction Frank J Fabozzi
The Mortgage Market Kenneth
Mortgage Passthrough Securities
5 other sections not shown
Other editions - View all
12 percent ARMs assets assumed average basis points bond value borrower calculated caps cash flows classes CMOs corporate debt default Drexel Burnham Lambert duration effective margin example Exhibit factors Federal FHA experience FHLMC financing fixed-rate FNMA forecast FRMs funds futures contracts gage GNMA GNMA-CDR hedge holder income increase initial rate interest payments interest rate risk investment investors issuer lender liability manager market discount market value ment month monthly payments mort mortgage balance mortgage loans mortgage market mortgage pass-through mortgage pool mortgage rates mortgage securities mortgage-backed securities mortgagors negative amortization obligation original issue discount outstanding overcollateralization pass-through certificates pass-through securities pay-through bonds portfolio Ppot premium prepay prepayment rates principal balance principal payments purchase rating agencies reinvestment rate scenario margin structure term thrifts tion total return transaction underlying mortgages variables volatility yield curve yield to maturity zero coupon bond