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Hardcover Mortgage and Mortgage-Backed Securities Markets Book

ISBN: 0875843220

ISBN13: 9780875843223

Mortgage and Mortgage-Backed Securities Markets (Harvard Business School Press Series in Financial Services Management)

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Format: Hardcover

Condition: Very Good

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Book Overview

The American dream of home ownership has created the world's largest debt market - exceeding the stock and corporate bond markets combined. Mortgage-backed securities, financially engineered products of that debt, represent a unique challenge to professional investors, mortgage originators, bankers, regulators, and financial economists.

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Customer Reviews

1 customer rating | 1 review

Rated 5 stars
Still relevant

This book may be dated, but if you want an in depth review of the fundamentals of all types of mortgages, pass-through securities, CMOs, and MBS valuation techniques this book should be your first stop. After reading this book, you will have the solid foundation that you need to read more advanced tomes and/or understand current developments in mortgage securitization.

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