Salomon Smith Barney Guide to Mortgage-Backed and Asset-Backed Securities (original) (raw)
内容简介 · · · · · ·
Mortgage–backed and asset–backed securities are fixed–income securities, like bonds, which derive their return from an underlying mortgage or basket of mortgages, or an asset or basket of assets. This market has increased from about 100billionin1980toover100 billion in 1980 to over 100billionin1980toover2.5 trillion today. Filling the void for a new book on fixed–income, Salomon Smith Barney Guide to Mortgage–Backed an...
Mortgage–backed and asset–backed securities are fixed–income securities, like bonds, which derive their return from an underlying mortgage or basket of mortgages, or an asset or basket of assets. This market has increased from about 100billionin1980toover100 billion in 1980 to over 100billionin1980toover2.5 trillion today. Filling the void for a new book on fixed–income, Salomon Smith Barney Guide to Mortgage–Backed and Asset–Backed Securities provides a coherent and comprehensive approach to the subject. Featuring material used by the company, this book is an ideal training tool and resource for investment professionals, institutional investors, pension fund investors, and hedge–fund investors.
Lakhbir Hayre (New York, NY) is a mortgage officer at Salomon Smith Barney, and their leading expert on mortgage–backed and asset–backed securities. He is a Certified Financial Analyst and a Doctor of Philosophy.