The Federal Income Taxation of Mortgage-Backed Securities


Book Description

The explosive growth of the mortgage-backed securities marketplace, along with the sheer complexity of federal tax regulations, has created the need for a clear, comprehenisve treatment of the taxation of these important instruments. The Federal Income Taxation of Mortgage-Backed Securities fulfills this need for issuers, investors and sponsors alike. Since its publication in 1989, the first edition has become the standard text in the area. This edition takes account of the many changes in the law and marketplace in the last five years. The book offers a complete review of the current tax treatment of all major types of mortgage-backed securities, including: fixed and floating rate CMOs; pass-throughs and loan particpations; regular and residual interest in REMICs; interest-only and principal-only strips; senior and subordinated pass-through certificates.










The Handbook of Commercial Mortgage-Backed Securities


Book Description

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 commercial mortgages, assessing credit risk, an options approach to valuation and risk analysis, legal perspectives on disclosure issues, and federal income taxation.




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


Book Description

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.




Basis of Assets


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Current Information Statement


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Federal Income Taxation of Debt Instruments


Book Description

Federal Income Taxation of Debt Instruments is the definitive reference for the many complicated issues involved with debt instruments. This comprehensive treatise contains clear interpretations of the basic rules governing original issue discount and imputed interest and detailed coverage of many specialized topics. In addition to complete coverage of the final OID regulations, the book covers virtually every aspect of the taxation of debt instruments and many related areas.