{"product_id":"advances-in-the-valuation-and-management-of-mortgage-backed-securities-hardback-9781883249526","title":"Advances in the Valuation and Management of Mortgage-Backed Securities (Hardback) 9781883249526","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eAdvances in the Valuation and Management of Mortgage-Backed Securities\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eFrank J. Fabozzi (Edited by), FJ Fabozzi (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781883249526, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 31 January 1999\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e334 pages\u003cbr\u003e24.6 x 16.1 x 2.6 cm, 0.608 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eAdvances in the Valuation and Management of Mortgage-Backed Securities details the latest developments for valuing mortgage-backed securities and measuring and controlling the interest rate risk of these securities. Complete coverage includes: decomposition of mortgage spreads, MBS index replication strategies and market neutral strategies, Monte Carlo\/OAS methodology, valuation of inverse floaters and ARMs, relative value analysis, and hedging mortgage instruments against level risk and yield curve risk.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eContributing Authors.\u003cbr\u003e \u003cbr\u003e 1. Decomposition of Mortgage Spreads (A. Bhattacharya and I. Koren).\u003cbr\u003e \u003cbr\u003e 2. Replicating the MBS Index Risk and Return Characteristics Using Proxy Portfolios (A. Majidi).\u003cbr\u003e \u003cbr\u003e 3. Market Neutral Trading Strategies (G. Hall).\u003cbr\u003e \u003cbr\u003e 4. Total Return Analysis in CMO Portfolio Management (D. Canuel and C. Melchreit).\u003cbr\u003e \u003cbr\u003e 5. Non-Traded Factors in MBS Portfolio Management (A. Levin and D. Daras).\u003cbr\u003e \u003cbr\u003e 6. Valuation of CMOs (F. Fabozzi, et al.).\u003cbr\u003e \u003cbr\u003e 7. Valuation and Portfolio Risk Management with Mortgage-Backed Securities (S. Zenios).\u003cbr\u003e \u003cbr\u003e 8. The Valuation of PAC Bonds Without Complex Models (C. Asness and M. Smirlock).\u003cbr\u003e \u003cbr\u003e 9. A Portfolio Manager's Perspective of Inverses and Inverse IOs (W. Leach).\u003cbr\u003e \u003cbr\u003e 10. Forward Rates and CMO Portfolio Management (C. Asness and J. Beinner).\u003cbr\u003e \u003cbr\u003e 11. A New Approach to Option-Adjusted Valuation of MBS on a Multi-Scenario Grid (A. Levin).\u003cbr\u003e \u003cbr\u003e 12. Arbitrage-Free MBS Canonical Decomposition (T. Ho and M. Chen).\u003cbr\u003e \u003cbr\u003e 13. A Practical Guide to Relative Value for Mortgages (W. Phoa).\u003cbr\u003e \u003cbr\u003e 14. Hedging Mortgage Passthrough Securities (K. Dunn and R. Sella).\u003cbr\u003e \u003cbr\u003e 15. An Integrated Approach to Mortgage Hedging and Relative Value Analysis (L. Goodman and J. Ho).\u003cbr\u003e \u003cbr\u003e 16. Yield Curve Risk of CMO Bonds (M. Schumacher, et al.).\u003cbr\u003e \u003cbr\u003e 17. Valuation and Analysis of ARMs (S. Mansukhani).\u003cbr\u003e \u003cbr\u003e 18. Understanding and Valuing Callable REMICs (B. Lancaster, et al.).\u003cbr\u003e \u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52449433157912,"sku":"9781883249526","price":103.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781883249526.jpg?v=1785199123","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/advances-in-the-valuation-and-management-of-mortgage-backed-securities-hardback-9781883249526","provider":"Freshly Printed Books","version":"1.0","type":"link"}