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Providing the expertise of an internal consultant for one of the largest issuers of mortgage securities, this book presents a clear, concise, and unified approach to valuing, pricing, and investing in mortgage securities. The author gives a complete explanation of all types of mortgages and the different types of fixed income securities and highlights the differences between bonds mortgages, and mortgage derivatives. The book walks readers through all the necessary steps and includes worked-out mathematical examples to ensure that readers make the best buy and trade decisions possible. It also…mehr

Produktbeschreibung
Providing the expertise of an internal consultant for one of the largest issuers of mortgage securities, this book presents a clear, concise, and unified approach to valuing, pricing, and investing in mortgage securities. The author gives a complete explanation of all types of mortgages and the different types of fixed income securities and highlights the differences between bonds mortgages, and mortgage derivatives. The book walks readers through all the necessary steps and includes worked-out mathematical examples to ensure that readers make the best buy and trade decisions possible. It also includes exercises to help readers test their knowledge before making critical real-world decisions.
Autorenporträt
Laurence G. Taff