The Handbook Of Mortgage-Backed Securities *US HARDCOVER* 7th Ed. By Frank Fabozzi - {9780198785774} {0198785771}

A Comprehensive Guide to Mortgage-Backed Securities in a Post-Crisis Landscape

Published in 2016, this book offers a thorough exploration of mortgage-backed securities (MBS) in the aftermath of the 2008 financial crisis. Tailored for both individual investors and professionals, it delves into the fundamentals of MBS while also providing advanced strategies for navigating the complexities of this market.

Key Highlights:

• Post-Crisis Analysis: Examines the lasting impact of the financial crisis on the MBS market and incorporates the latest regulatory landscape.
• Fundamental Knowledge: Provides a clear explanation of MBS structure, risks, and potential returns.
• Advanced Strategies: Explores sophisticated techniques for capitalizing on opportunities within the MBS market.
• Expert Insights: Features contributions from leading professionals actively involved in the evolution of MBS.

Structure and Key Topics:

• Understanding the Landscape: Explains the process of transforming individual mortgages into MBS, guides readers through prospectuses, and analyzes the cash flow mechanics of agency MBS.
• Investment Management: Discusses various MBS types, explores diverse investment strategies for different risk profiles, analyzes and manages prepayment and credit risks, and examines the role of derivatives in MBS investing.
• Advanced Exploration: Delves into non-agency MBS with their unique risk-return profiles, analyzes the securitization of other asset classes, explores the use of technology in MBS analysis and trading, and considers the future trajectory of the MBS market.