Produktbild: The Handbook of Nonagency Mortgage-Backed Securities

The Handbook of Nonagency Mortgage-Backed Securities

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Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

15.02.2000

Herausgeber

Fabozzi Frank J. + weitere

Verlag

Wiley

Seitenzahl

526

Maße (L/B/H)

24/16,1/3,3 cm

Gewicht

851 g

Auflage

3rd edition

Sprache

Englisch

ISBN

978-1-883249-68-7

Beschreibung

Portrait

Frank J. Fabozzi is editor of the Journal of Portfolio Management and an Adjunct Professor of Finance at Yale University's School of Management. Frank is a Chartered Financial Analyst and Certified Public Accountant. He is on the board of directors of the Guardian Life family of funds and the BlackRock complex of funds. He earned a doctorate of economics from the City University of New York in 1972 and in 1994 received an honorary doctorate of Human Letters from Nova Southeastern University. Frank is a Fellow of the International Center for Finance at Yale University.
Chuck Ramsey is the Chairman and co-founder of Mortgage Risk Assessment Corporation. He was previously a General Partner at Bear Stearns & Co. where he ran the FHLMC/FNMA trading desk and was co-head of fixed income sales. At Bear Stearns he developed the first system on Wall Street for issuer analysis of mortgage-backed securities and the first prepayment model that used geographical differences in forecasting prepayments. He is considered the innovator of specified pool trading. Mr. Ramsey is a contributor to The Handbook of Fixed Income Securities. He holds an undergraduate degree from Lamar University.

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

15.02.2000

Herausgeber

Verlag

Wiley

Seitenzahl

526

Maße (L/B/H)

24/16,1/3,3 cm

Gewicht

851 g

Auflage

3rd edition

Sprache

Englisch

ISBN

978-1-883249-68-7

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: gpsr@libri.de

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  • Produktbild: The Handbook of Nonagency Mortgage-Backed Securities
  • Contributing Authors.

    SECTION I: RESIDENTIAL REAL ESTATE-BACKED SECURITIES.

    PART A: PRODUCTS AND THEIR STRUCTURE.

    1. The Nonagency Mortgage Market: Background and Overview (E. Bruskin, et al.).

    2. Understanding Shifting Interest Subordination (M. Clancy and M. Constantino, III).

    3. Understanding Compensating Interest (L. Goodman and T. Zimmerman).

    4. RALI Alternative-A Mortgages (S. Banerjee and E. Mustafa).

    5. Home Equity Loans (C. Schorin, et al.).

    6. Home Equity Loan Transaction Structures (C. Schorin, et al.).

    7. Home Equity Line of Credit (HELOC) Securitizations (W. Roever, et al.).

    8. Securitization of 125 LTV Mortgages (H. Katz and G. Costello).

    9. Manufactured Housing: Overview, Securitization, and Prepayments (S. Abrahams, et al.).

    10. Securities Backed by CRA Loans (D. Westhoff and V. Srinivasan).

    11. Single Family Mortgage Revenue Bonds (M. Marz and F. Fabozzi).

    PART B: CREDIT ANALYSIS.

    12. The Default and Loss Experience of Nonagency MBS (T. Gillis).

    13. The Rating Agencies' Approach (D. Bendt, et al.).

    14. The Evaluation of Excess Spread in Sub-Prime Transactions (A. Figueroa).

    15. A Credit Intensive Approach to Analyzing Whole Loan CMOs (E. Toy).

    16. Risk-Based Pricing Nonagency Mortgages and Securities (F. Raiter).

    PART C: PREPAYMENT ANALYSIS AND VALUATION MODELING.

    17. The Next Generation of Prepayment Models to Value Nonagency MBS (D. Westhoff and V. Srinivasan).

    18. Payment Modeling and Valuation of Home Equity Loan Securities (D. Westhoff and M. Feldman).

    19. Identifying Relative Value in Home Equity Loan and Manufactured Housing Securities Using OAS Analysis (A. Dickstein).

    20. Home Equity Loan Prepayment Model and OAS Implications (C. Schorin, et al.).

    21. A Risk-Return Framework for Evaluating Non-Investment-Grade Subordinated MBS (L. Goodman and L. Lowell).

    22. Prepayments on Jumbo Loans (L. Goodman).

    SECTION II: COMMERCIAL MORTGAGE-BACKED SECURITIES.

    23. Introduction to Commercial Mortgage-Backed Securities (B. Lancaster).

    24. Understanding Prepayment in CMBS Deals (D. Cheng, et al.).

    25. Credit-Driven Prepayment and Default Analysis (M. Ervolini, et al.).

    26. An Empirical Framework for Estimating CMBS Defaults (D. Westhoff, et al.).

    27. Valuing the Prepayment and Credit Risks of Commercial Mortgage Securities (M. Youngblood).

    28. An Options Approach to Commercial Mortgages and CMBS Valuation and Risk Analysis (D. Jacob, et al.).

    Index.