HANDBOOK OF MORTGAGE-BACKED SECURITIES FABOZZI F. Księgarnia

First introduced more than thirty-five years ago, mortgage-backed securities have, over the past decade, burgeoned into one of the most dynamic sector of the fixed income market. Nowadays no investment portfolio would be considered truly balanced without a significant exposure to the MBS sector to match that of a broad-based bond market index and enhance returns relative to a benchmark.

From the beginning, Frank. Fabozzis investment classic, The Handbook of Mortgage Backed Securities, has been instrumental in fueling the phenomenal growth of the market. Through five successive editions, the Handbook has armed investors with timely, authoritative coverage of all key fundamental and technical aspects of MBS, along with frank appraisals of the opportunities as well as the risks involved with these continually evolving instruments.

This new edition is no exception. Like its predecessors, it brings together contributions by an all-star team of experts who share what they know about today's MBS markets. Much more than a mere revision, The Handbook of Mortgage-Backed Securities, Sixth Edition has been substantially updated and expanded. In it you'll find up-to-the-minute coverage of the latest mortgage-backed products, valuation methodogies, prepayment models, relative value analysis, trading techniques, and portfolio strategies, organized around the seven key areas of:

• The fundamentals of MBS products and the mortgage market

• Alternative mortgage products from hybrids and Alt-A mortgages to asset-backed securities

• Mortgage derivatives, including stripped MBS, PAC bonds, Z bonds, companion bonds with schedules, and inverse float! cmos

• Prepayment models and behaviol an emphasis on the latest advanc prepayment modeling and valuat

• Portfolio management tools and techniques, from MBS valuation r to drivers of the call decision

• Hedging tools and approaches, in the use of options and prepayme derivatives and tips on how to in" the structure of MSR hedging pro

• Commercial mortgage-backed se including CMBS default risk man types of CMBS 10s, cash flow characteristics, and more

Following in a proud tradition begu century ago, The Handbook of Mor Securities, Sixth Edition is the definitive those seeking to understand and capitalize generation of MBS products techniques.

FRANK J. FABOZZI, Ph.D.. CFA, CPA,

is the Federick Frank Adjunct Professor of Finance versitys School of Management. One ( foremost authorities on fixed income s derivative instruments, Dr. Fabozzi is Journal of Portfolio Management and th author of more than forty books, ir acclaimed The Handbook of Fixed Ineoi Prior to joining the Yale faculty, he wa ulty of MITs Sloan School of Manage

Hardback
1290 pages

Po otrzymaniu zamówienia poinformujemy,
czy wybrany tytuł polskojęzyczny lub anglojęzyczny jest aktualnie na półce księgarni.