The Handbook of Mortgage Backed Securities (4 Revised edition)

A classic of investment literature, The Handbook of Mortgage-Backed Securities provides unparalleled coverage of every aspect of the mortgage-backed securities market.

Authoritative and comprehensive, the book explains both the fundamentals and investment characteristics of mortgage-backed securities, as well as state-of-the-art strategies for capitalizing on opportunities.

The fourth edition of The Handbook is very much a new book.

It fully reflects the most recent developments in the market in terms of both product development and financial technology.

Topics covered in much greater depth in this edition include: prepayment behavior and modeling; whole-loan CMOs; commercial mortgage-backed securities; and option-adjusted spread analysis.

Moreover, sections on stripped mortgage-backed securities, risk management, and taxation have been updated and revised.