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| The Handbook of Mortgage-Backed Securities | 
enlarge | Author: Frank Fabozzi Publisher: McGraw-Hill Category: Book
List Price: $129.95 Buy New: $72.65 You Save: $57.30 (44%)
Buy New/Used from $50.01
Avg. Customer Rating:   (6 reviews) Sales Rank: 120021
Languages: English (Original Language), English (Unknown), English (Published) Media: Hardcover Edition: 6 Number Of Items: 1 Pages: 950 Shipping Weight (lbs): 3.6 Dimensions (in): 9.1 x 6.2 x 2.2
ISBN: 0071460748 Dewey Decimal Number: 332.6323 EAN: 9780071460743 ASIN: 0071460748
Publication Date: December 21, 2005 Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description
The definitive MBS guide, with fully updated material on the latest mortgage-backed products, methods, models, and portfolio strategies By providing hands-on information vital to market participants, previous editions of The Handbook of Mortgage-Backed Securities were instrumental in fueling the growth of the mortgage-backed securities market. The sixth edition contains all the elements that made previous editions so successful and influential, and provides you with more than 25 new chapters on topics including collateralized mortgage obligations, prepayment derivatives, loan level determinants of repayments, new approaches to MBS valuation, and a survey of non-U.S. mortgage rates.
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| Customer Reviews: Read 1 more reviews...
  the most comprehensive book on the subject September 27, 2008 The most comprehensive book on the subject period. If you are in the industry you must have it. Best used as a reference manual to go through whenever needed. Kinda bland book which you would not want to read to finish from page 1 to the end.
  Details July 9, 2008 This product is very beneficial for me. Because I would like to learn sth can't see easily about mortgage. This book covers both permanent examples and academic details.
On the other hand it contains too much article from different writer. So that We can learn different idea about mortgage and deduction for our study.
  Definitely lacking, but OK for traditional mortgage products March 27, 2007 5 out of 5 found this review helpful
I have to say that Fabozzi has the formula down pat--he gets "guest writers" to contribute various chapters to this book and does very little writing himself. The result is a disjointed, sometimes repetitious, other times incomplete volume. This book focuses extensively on agency mortgages--Ginnies, Fannies, Freddies--and speaks only a bit to the Alt-A, subprime and more exotic privately-originated mortgage markets. To call this book comprehensive would be a lie. Although this book was highly recommended to me by a PM at a traditional long-only manager, I can only guess that previous versions were better, because this one was certainly a high-priced primer that still left many areas of the market uncovered. Areas that are glaringly missing (beyond non-agency topics) include the role of hedge funds, loss mitigation/foreclosure processes, more info on EPDs, and the erosion of lending standards/rise of the subprime market. I think that a chapter on common mortgage origination fraud issues is also merited.
This book is good for the basics, on agencies. Beyond that, it may leave you scratching your head and wondering, "And...." because there is a palpable sense of incompletion. Borrow this book from someone else that already has it--don't buy it!
  Good book January 26, 2007 1 out of 3 found this review helpful
If youre in the MBS business, you gotta have this as a reference book if nothing else. Its the industry standard. Item showed up brand new and good delivery.
  A major reference August 2, 2000 8 out of 11 found this review helpful
A vast collection of articles by practitioners on Wall Street, this book covers a broad number of topics on Mortgage Backed Securities. While not a scholarly approach, 'street research' typically aims to educate the fixed income portfolio manager.
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