Summary of Salomon Smith Barney Guide To Mortgage-Backed and Asset-Backed Securities
Securitization made simple. Almost.
Lakhbir Hayre has created a comprehensive and authoritative reference guide for the asset-backed and mortgage-backed securities markets. In compiling this book, Hayre drew on the expertise of ABS and MBS specialists from Salomon Smith Barney, which was a pioneer in the development of these markets and still trades the largest volume of the securities. This huge volume includes plenty of charts, graphs and illustrations as companions to its enormously detailed and clearly explained descriptions and analysis. getAbstract.com recommends this book as a useful reference for experts and an enlightening introduction for securitization novices.
In this summary, you will learn
- The basics of the market for asset-backed and mortgage-backed securities;
- The definition of securitization - the process through which MBS and ABS are created, and
- How developments in technology and changes in regulatory framework are affecting the development of the ABS and MBS markets.
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Contained in Knowledge Pack:
Knowledge PackSecuritizationDelve into the processes and assets that create the economy`s financial backing: how securitization works, and what new cars and home loans have to do with it.
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