This is the best introduction, giving a brief yet broad coverage to an important market. In just 144 pages Hu covers the the important points. TheMortgage Backed Security market, at over 2 trillion dollars, will soonexceed the US treasury market as the largest and most liquid bond market.Nevertheless, this market is still viewed as highly specialized due to thecomplications in security structure and prepayment optionality. Hu explainsthese complications clearly giving the reader confidence to enter thismarket.Click Here to see more reviews about: Basics of Mortgage-Backed Securities (Frank J. Fabozzi Series) (Hardcover)
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