Author : Frank J. Fabozzi
Publisher : John Wiley & Sons
Page : 564 pages
File Size : 28,33 MB
Release : 2001-11-09
Category : 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.
Author : Glenn M. Schultz
Publisher : John Wiley & Sons
Page : 421 pages
File Size : 14,55 MB
Release : 2016-01-26
Category : 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.
Author : Anand K. Bhattacharya
Publisher : John Wiley & Sons
Page : 436 pages
File Size : 45,6 MB
Release : 1996-09-15
Category : 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.
Author : John Arnholz
Publisher : Wolters Kluwer
Page : 1478 pages
File Size : 30,52 MB
Release : 2016-01-01
Category : Business & Economics
ISBN : 1454874201
Regulation AB has made a tremendous impact on the asset-backed securities markets. Where only imprecise, interpretive regulation previously existed, the new Regulation and related rules changes have imposed an extensive array of disclosure requirements. presents the only detailed guidance on the recently adopted securities offering reform rules and their effect on asset-backed securities offerings. It is the first genuine practice manual for this area of the law, covering the critical issues that arise in all relevant areas, including: securities law, tax, bankruptcy, accounting, and more. Offerings of Asset-Backed Securities, Third Edition tells you how to do asset-backed deals from a very practical perspective. It does not concern itself with legal theory. Instead, this unique resource focuses on real-world know-how, delivering: A step-by-step approach to spotting issues and solving problems Practical, transaction-oriented advice from the perspective of experienced practitioners Insights into specific issues that frequently arise in transactions Solutions to common problems Includes andquot;issue-spottingandquot; checklists and other formatting tools to ensure that this resource serves as a reliable, quick reference. Offerings of Asset-Backed Securities, Third Edition is the only practical, accessible, easy-to-use guide to the new SEC rules and the key issues associated with structuring and executing securitization transactions.
Author : Auerbach, Sweet
Publisher : Wolters Kluwer
Page : 1778 pages
File Size : 31,55 MB
Release : 2018-12-20
Category : Business & Economics
ISBN : 1543803555
Regulation AB has made a tremendous impact on the asset-backed securities markets. Where only imprecise, interpretive regulation previously existed, the new Regulation and related rules changes have imposed an extensive array of disclosure requirements. presents the only detailed guidance on the recently adopted securities offering reform rules and their effect on asset-backed securities offerings. It is the first genuine practice manual for this area of the law, covering the critical issues that arise in all relevant areas, including: securities law, tax, bankruptcy, accounting, and more. Offerings of Asset-Backed Securities, Fourth Edition tells you how to do asset-backed deals from a very practical perspective. It does not concern itself with legal theory. Instead, this unique resource focuses on real-world know-how, delivering: A step-by-step approach to spotting issues and solving problems Practical, transaction-oriented advice from the perspective of experienced practitioners Insights into specific issues that frequently arise in transactions Solutions to common problems Includes "issue-spotting" checklists and other formatting tools to ensure that this resource serves as a reliable, quick reference. Offerings of Asset-Backed Securities, Fourth Edition is the only practical, accessible, easy-to-use guide to the new SEC rules and the key issues associated with structuring and executing securitization transactions. Previous Edition: Offerings of Asset-Backed Securities, Third Edition, ISBN 9781454874201
Author : Lakhbir Hayre
Publisher : John Wiley & Sons
Page : 896 pages
File Size : 11,25 MB
Release : 2001-05-07
Category : 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.
Author : Glenn M. Schultz
Publisher : John Wiley & Sons
Page : 0 pages
File Size : 13,72 MB
Release : 2016-01-08
Category :
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.
Author : Jess Lederman
Publisher : Prentice Hall
Page : 582 pages
File Size : 24,22 MB
Release : 1990
Category : Business & Economics
ISBN :
Author : Charles A. Stone
Publisher : Irwin Professional Publishing
Page : 536 pages
File Size : 11,56 MB
Release : 1993
Category : Business & Economics
ISBN :
Author : Charles Austin Stone
Publisher : John Wiley & Sons
Page : 469 pages
File Size : 37,98 MB
Release : 2012-09-25
Category : Business & Economics
ISBN : 1118006747
A comprehensive guide to the continuously evolving world of securitization The Second Edition of The Securitization Markets Handbook is a valuable resource for both experienced money managers trying to put a securitization strategy into place as well as newcomers looking to acquire a broad and strong foundation in this discipline. This edition takes a close look at the pre- and post-crash mortgage market and the mortgage-backed securities based on those mortgages, as well as other asset-backed securities including commercial paper or credit cards. The crash of the subprime market and the failure of the asset-backed markets offer an opportunity to learn about banking finance, specifically off-balance sheet finance, and the many costly mistakes that resulted in one of the most severe downturns in financial markets. With this book, you'll discover why certain mortgage and asset-backed securities imploded and others didn't. This new edition examines why the market failed and how the next crisis can be averted or made less severe. It also explains why securitization remains a primary source of capital for the mortgage market, credit card market, home equity market, auto loan market, and segments of the commercial paper market. Offers an informed overview of how the securitization market works, how to make money in it, and what's next for asset- and mortgage-backed securities after the crisis Contains new chapters on CDOs and SIVs, along with a history of the growth and crash of the subprime market, asset-backed securities, and home equity lines of credit Written by securitization experts Charles Stone and Anne Zissu Updated to reflect the current market environment, the Second Edition of The Securitization Markets Handbook offers clear, comprehensive guidance to these complex markets.
