The Securitization Markets Handbook - Structures And Dynamics Of Mortgage- And Asset-Backed Securities PDF
331 Pages·2005·2.902 MB·English
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Description:
Securitization experts Charles Stone and Anne Zissu provide a practical explanation of how securitization works and explain how future cash flows from various asset classes—from credit card receipts and mortgage payments to movie royalties—can be packaged into bond-like products and sold to investors. The discussion includes descriptions of all major classes of asset-backed securities and offers a practice-oriented commentary on trends in securitization and the value of asset- and mortgage-backed securities across industries. The Securitization Markets Handbook offers clear, comprehensive guidance to these complex markets.
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