Introduction to Mortgages and Mortgage Backed Securities

In Introduction to Mortgages & Mortgage Backed Securities, author Richard Green combines current practices in real estate capital markets with financial theory so readers can make intelligent business decisions. After a behavioral economics chapter on the nature of real estate decisions, he explores mortgage products, processes, derivatives, and international practices. By focusing on debt, his book presents a different view of the mortgage market than is commonly available, and his primer on fixed-income tools and concepts ensures that readers understand the rich content he covers. Including commercial and residential real estate, this book explains how the markets work, why they collapsed in 2008, and what countries are doing to protect themselves from future bubbles. Green's expertise illuminates both the fundamentals of mortgage analysis and the international paradigms of products, models, and regulatory environments. Written for buyers of real estate, not mortgage lenders Balances theory with increasingly complex practices of commercial and residential mortgage lending Emphasizes international practices, changes caused by the 2008-11 financial crisis, and the behavioral aspects of mortgage decision making

Produk Detail:

  • Author : Richard K. Green
  • Publisher : Academic Press
  • Pages : 256 pages
  • ISBN : 0124045936
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKIntroduction to Mortgages and Mortgage Backed Securities

Introduction to Mortgages and Mortgage Backed Securities

Introduction to Mortgages and Mortgage Backed Securities
  • Author : Richard K. Green
  • Publisher : Academic Press
  • Release : 21 November 2013
GET THIS BOOKIntroduction to Mortgages and Mortgage Backed Securities

In Introduction to Mortgages & Mortgage Backed Securities, author Richard Green combines current practices in real estate capital markets with financial theory so readers can make intelligent business decisions. After a behavioral economics chapter on the nature of real estate decisions, he explores mortgage products, processes, derivatives, and international practices. By focusing on debt, his book presents a different view of the mortgage market than is commonly available, and his primer on fixed-income tools and concepts ensures that readers understand the

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

Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities
  • Author : Lakhbir Hayre
  • Publisher : John Wiley & Sons
  • Release : 11 November 2002
GET THIS BOOKSalomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities

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

Introduction to Securitization

Introduction to Securitization
  • Author : Frank J. Fabozzi,Vinod Kothari
  • Publisher : John Wiley & Sons
  • Release : 06 June 2008
GET THIS BOOKIntroduction to Securitization

Introduction to Securitization outlines the basics of securitization, addressing applications for this technology to mortgages, collateralized debt obligations, future flows, credit cards, and auto loans. The authors present a comprehensive overview of the topic based on the experience they have gathered through years of interaction with practitioners and graduate students around the world. The authors offer coverage of such key topics as: structuring agency MBS deals and nonagency deals, credit enhancements and sizing, using interest rate derivatives in securitization transactions,

The Big Short: Inside the Doomsday Machine (movie tie-in)

The Big Short: Inside the Doomsday Machine (movie tie-in)
  • Author : Michael Lewis
  • Publisher : W. W. Norton & Company
  • Release : 16 November 2015
GET THIS BOOKThe Big Short: Inside the Doomsday Machine (movie tie-in)

The #1 New York Times bestseller—Now a Major Motion Picture from Paramount Pictures From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and housing bubble collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II, The Other Guys) features Academy Award® winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award® nominees Steve Carell and Ryan

Mortgage-Backed Securities

Mortgage-Backed Securities
  • Author : Frank J. Fabozzi,Anand K. Bhattacharya,William S. Berliner
  • Publisher : John Wiley & Sons
  • Release : 30 December 2010
GET THIS BOOKMortgage-Backed Securities

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

An Introduction to Real Estate Finance

An Introduction to Real Estate Finance
  • Author : Edward Glickman
  • Publisher : Academic Press
  • Release : 14 October 2013
GET THIS BOOKAn Introduction to Real Estate Finance

An Introduction to Real Estate Finance serves as the core of knowledge for a single-semester first course in real estate finance. Unlike other real estate finance textbooks, with their encyclopedic but often stale details, it combines a short traditional text with a living website. The book gives students and professors highly applied information, and its regularly updated online features makes it especially useful for this practitioner-oriented audience. It covers fundamental topics such as accounting and tax, mortgages, capital markets, REITs

Introduction to Securitization

Introduction to Securitization
  • Author : Frank J. Fabozzi,Vinod Kothari
  • Publisher : John Wiley & Sons
  • Release : 15 July 2008
GET THIS BOOKIntroduction to Securitization

Introduction to Securitization outlines the basics of securitization, addressing applications for this technology to mortgages, collateralized debt obligations, future flows, credit cards, and auto loans. The authors present a comprehensive overview of the topic based on the experience they have gathered through years of interaction with practitioners and graduate students around the world. The authors offer coverage of such key topics as: structuring agency MBS deals and nonagency deals, credit enhancements and sizing, using interest rate derivatives in securitization transactions,

The Handbook of Mortgage-Backed Securities, 7th Edition

The Handbook of Mortgage-Backed Securities, 7th Edition
  • Author : Frank J. Fabozzi
  • Publisher : Oxford University Press
  • Release : 11 August 2016
GET THIS BOOKThe Handbook of Mortgage-Backed Securities, 7th Edition

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

Mortgage-Backed Securities

Mortgage-Backed Securities
  • Author : Frank J. Fabozzi, CFA,Anand K. Bhattacharya,William S. Berliner
  • Publisher : Wiley
  • Release : 09 July 2007
GET THIS BOOKMortgage-Backed Securities

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

The Handbook of Mortgage-Backed Securities

The Handbook of Mortgage-Backed Securities
  • Author : Frank J. Fabozzi
  • Publisher : McGraw-Hill Education
  • Release : 11 January 2006
GET THIS BOOKThe Handbook of Mortgage-Backed Securities

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

Accounting discretion of banks during a financial crisis

Accounting discretion of banks during a financial crisis
  • Author : Mr.Luc Laeven,Harry Huizinga
  • Publisher : International Monetary Fund
  • Release : 01 September 2009
GET THIS BOOKAccounting discretion of banks during a financial crisis

This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks' balance sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage crisis. Share prices of banks with large exposure to mortgage-backed securities also react favorably to recent changes in accounting rules that relax fair-value accounting, and these banks provision less for bad loans. Furthermore, distressed banks use discretion in the classification of mortgage-backed securities to

Understanding the Securitization of Subprime Mortgage Credit

Understanding the Securitization of Subprime Mortgage Credit
  • Author : Adam B. Ashcraft
  • Publisher : DIANE Publishing
  • Release : 01 March 2010
GET THIS BOOKUnderstanding the Securitization of Subprime Mortgage Credit

Provides an overview of the subprime mortgage securitization process and the seven key informational frictions that arise. Discusses the ways that market participants work to minimize these frictions and speculate on how this process broke down. Continues with a complete picture of the subprime borrower and the subprime loan, discussing both predatory borrowing and predatory lending. Presents the key structural features of a typical subprime securitization, documents how rating agencies assign credit ratings to mortgage-backed securities, and outlines how these

The Mechanics of Securitization

The Mechanics of Securitization
  • Author : Suleman Baig,Moorad Choudhry
  • Publisher : John Wiley & Sons
  • Release : 09 January 2013
GET THIS BOOKThe Mechanics of Securitization

A step-by-step guide to implementing and closing securitization transactions Securitization is still in wide use despite the reduction in transactions. The reality is that investors and institutions continue to use this vehicle for raising funds and the demand for their use will continue to rise as the world's capital needs increase. The Mechanics of Securitization specifically analyzes and describes the process by which a bank successfully implements and closes a securitization transaction in the post subprime era. This book begins

The Handbook of Commercial Mortgage-Backed Securities

The Handbook of Commercial Mortgage-Backed Securities
  • Author : Frank J. Fabozzi,David P. Jacob
  • Publisher : John Wiley & Sons
  • Release : 15 September 1998
GET THIS BOOKThe Handbook of Commercial Mortgage-Backed Securities

The Handbook of Commercial Mortgage-Backed Securities is a cornerstone reference in this emerging sector of the structured finance market. This Second Edition provides updated coverage of the market, the instruments, the tools used to assess these securities, and tax accounting issues. In addition to an overview of the commercial real estate finance and commercial property markets, this book also covers property-market framework for bond investors, the role of the servicer, an investor's perspective on commercial mortgage-backed coupon strips, defaults on