Collateralized Mortgage Obligations: Structures and Analysis, 3rd Edition [Hardcover]

Frank J. Fabozzi CFA (Author), Chuck Ramsey (Author)

Book Description

ISBN-10: 1883249627 | ISBN-13: 978-1883249625 | Publication Date: July 1999 | Edition: 3

Financial experts Chuck Ramsey and Frank Ramirez join Frank Fabozzi for the third edition of Collateralized Mortgage Obligations: Structure & Analysis. Because of the complexity and the risk associated with CMOs, portfolio managers need specific keys to understand and unlock the potential of these unique investment tools. Fabozzi and company provide this understanding with detailed explanations of all aspects of CMOs, including factors affecting prepayment behavior; whole loan CMO structures; and accounting for CMO investments. Filled with relevant examples and in-depth discussions, Collateralized Mortgage Obligations: Structure & Analysis sheds light on this somewhat controversial and highly technical subject-which is one of the fastest-growing sectors of the fixed-income securities market.

Editorial Reviews

From the Back Cover

Financial experts Chuck Ramsey and Frank Ramirez join Frank Fabozzi for the third edition of Collateralized Mortgage Obligations: Structure & Analysis. Because of the complexity and the risk associated with CMOs, portfolio managers need specific keys to understand and unlock the potential of these unique investment tools. Fabozzi and company provide this understanding with detailed explanations of all aspects of CMOs, including factors affecting prepayment behavior; whole loan CMO structures; and accounting for CMO investments. Filled with relevant examples and in-depth discussions, Collateralized Mortgage Obligations: Structure & Analysis sheds light on this somewhat controversial and highly technical subject-which is one of the fastest-growing sectors of the fixed-income securities market.

About the Author

Frank J. Fabozzi is editor of the Journal of Portfolio Management and an Adjunct Professor of Finance at Yale University's School of Management. Frank is a Chartered Financial Analyst and Certified Public Accountant. He is on the board of directors of the Guardian Life family of funds and the BlackRock complex of funds. He earned a doctorate of economics from the City University of New York in 1972 and in 1994 received an honorary doctorate of Human Letters from Nova Southeastern University. Frank is a Fellow of the International Center for Finance at Yale University.
Chuck Ramsey is the Chairman and cofounder of Mortgage Risk Assessment Corporation. He was previously a General Partner at Bear Stearns & Co., where he ran the FHLMC/FNMA trading desk and was cohead of fixed income sales. At Bear Stearns he developed the first system on Wall Street for issuer analysis of mortgage-backed securities and the first prepayment model that used geographical differences in forecasting prepayments. He is considered the innovator of specified pool trading. Mr. Ramsey is the coeditor of The Handbook of Nonagency Mortgage-Backed Securities and a contributor to The Handbook of Fixed Income Securities. He holds an undergraduate degree from Lamar University.

Product Details

• Hardcover: 246 pages
• Publisher: Wiley; 3 edition (July 1999)
• Language: English
• ISBN-10: 1883249627
• ISBN-13: 978-1883249625
• Product Dimensions: 9.2 x 6.3 x 0.9 inches
• Shipping Weight: 14.4 ounces (View shipping rates and policies)
• Average Customer Review: 2.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #1,093,741 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

5 of 14 people found the following review helpful:

2.0 out of 5 stars Ebook, June 17, 2007

By 

Munish Gupta (seattle) - See all my reviews
(REAL NAME)   

This review is from: Collateralized Mortgage Obligations: Structures and Analysis, 3rd Edition (Hardcover)

Guys, Please be aware while buying this ebook that you cannot print more then 21 pages. I bought the hard copy and upgraded to ebook. I have a habit of reading from pages instead of reading online, I upgraded it to ebook jy=ust because I had to read it urgently and I was so frustrated when i came to know i cant print the book more then 21 pages.

So make sure what you want before you upograde it to ebooks. I think amazon should mention before selling ebooks that how many pages can one print. I think amazon just try to misguide by not mentiponing the number of pages that can be printed before selling the ebook.