The Securitization Markets Handbook

Structures and Dynamics of Mortgage - and Asset-Backed Securities

Business & Finance, Finance & Investing, Investments & Securities
Cover of the book The Securitization Markets Handbook by Charles Austin Stone, Anne Zissu, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Charles Austin Stone, Anne Zissu ISBN: 9780470884843
Publisher: Wiley Publication: May 18, 2010
Imprint: Bloomberg Press Language: English
Author: Charles Austin Stone, Anne Zissu
ISBN: 9780470884843
Publisher: Wiley
Publication: May 18, 2010
Imprint: Bloomberg Press
Language: English

In this long-awaited handbook, noted experts Charles Stone and Anne Zissu provide an enlightening overview of how securitization works and explain how future cash flows from various asset classes—from credit card receipts to mortgage payments—can be packaged into bond-like products and sold to investors.

Once a marginal source of funds, securitization is now an essential corporate funding technique widely adopted by financial and industrial companies throughout the world to finance both working capital and capital budgets. It is also used as a risk-management tool and a source of liquidity. Securitization has been adapted to fund corporate acquisitions, to capitalize future streams of revenue, and to liquidate pools of nonperforming loans.

With examples from companies such as GE Capital, Ford Motor Credit, Countrywide Home Loans, and D&K Healthcare, The Securitization Markets Handbook provides 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 and throughout the global markets.

The authors approach the topic from both sides of the market: the supply side, where assets are securitized and mortgage- and asset-backed securities are issued, and the demand side, where investors choose which classes of mortgage and asset-backed securities will enhance their portfolios or serve as efficient hedges. The book’s detailed explanations and practical examples make it a valuable guide both for experienced money managers trying to put a securitization strategy into place and for those new to securitization looking to acquire a broad and strong foundation in the subject.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In this long-awaited handbook, noted experts Charles Stone and Anne Zissu provide an enlightening overview of how securitization works and explain how future cash flows from various asset classes—from credit card receipts to mortgage payments—can be packaged into bond-like products and sold to investors.

Once a marginal source of funds, securitization is now an essential corporate funding technique widely adopted by financial and industrial companies throughout the world to finance both working capital and capital budgets. It is also used as a risk-management tool and a source of liquidity. Securitization has been adapted to fund corporate acquisitions, to capitalize future streams of revenue, and to liquidate pools of nonperforming loans.

With examples from companies such as GE Capital, Ford Motor Credit, Countrywide Home Loans, and D&K Healthcare, The Securitization Markets Handbook provides 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 and throughout the global markets.

The authors approach the topic from both sides of the market: the supply side, where assets are securitized and mortgage- and asset-backed securities are issued, and the demand side, where investors choose which classes of mortgage and asset-backed securities will enhance their portfolios or serve as efficient hedges. The book’s detailed explanations and practical examples make it a valuable guide both for experienced money managers trying to put a securitization strategy into place and for those new to securitization looking to acquire a broad and strong foundation in the subject.

More books from Wiley

Cover of the book Backhauling / Fronthauling for Future Wireless Systems by Charles Austin Stone, Anne Zissu
Cover of the book Sociolinguistic Styles by Charles Austin Stone, Anne Zissu
Cover of the book From Business Cards to Business Relationships by Charles Austin Stone, Anne Zissu
Cover of the book Natural Disasters in a Global Environment by Charles Austin Stone, Anne Zissu
Cover of the book Logic for Computer Science and Artificial Intelligence by Charles Austin Stone, Anne Zissu
Cover of the book Physical Assessment for Nurses by Charles Austin Stone, Anne Zissu
Cover of the book Identifying Citizens by Charles Austin Stone, Anne Zissu
Cover of the book Audel Water Well Pumps and Systems Mini-Ref by Charles Austin Stone, Anne Zissu
Cover of the book The Only Guide You'll Ever Need for the Right Financial Plan by Charles Austin Stone, Anne Zissu
Cover of the book Radical Media Ethics by Charles Austin Stone, Anne Zissu
Cover of the book The Holocene by Charles Austin Stone, Anne Zissu
Cover of the book Standard Colorimetry by Charles Austin Stone, Anne Zissu
Cover of the book Das Ende der Nacht by Charles Austin Stone, Anne Zissu
Cover of the book Hydrogeology by Charles Austin Stone, Anne Zissu
Cover of the book Laruelle by Charles Austin Stone, Anne Zissu
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy