The Securitization Markets Handbook – Structures And Dynamics Of Mortgage- And Asset-Backed Securities

Charles Austin Stone, Anne Zissu9781576601389, 1576601382

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.