1st Edition

Investing in Mortgage Securities

By Laurence G. Taff Copyright 2002
344 Pages 9 B/W Illustrations
by CRC Press

344 Pages
by CRC Press

Providing the expertise of an internal business consultant to one of the largest issuers of mortgage securities, Investing in Mortgage Securities serves as a high-level introduction to mortgage securities presented within the framework of fixed income securities. It presents institutional investors, portfolio managers, traders, and sophisticated individual investors with a clear, concise, and... Read more
Capital markets overview. Basic valuation problems of financial transactions. Details on a variety of fixed-income securities. Understanding how to value a bond. Single family mortgages. Adjustable-rate mortgages (ARMs). Simple mortgage-related derivatives. Complex mortgage-related derivatives. Trying to model interest rates. Early principle retirement. Flexible interest rate risk management. Management of a portfolio of fixed-income investments. Brief overview of other mortgage products and markets.

Biography

Laurence G. Taff