About the Author
Udo Onwuachi, New York City-based bond expert and mortgage securities trader. Mr. Onwuachi, an NYU graduate with an MBA from The City College of New York, has been working with agency collateralized mortgage obligation (CMO mortgage derivatives), principal-only stripped mortgage-backed securities (PO and PO Floaters), interest-only stripped mortgage-backed securities (IO and Inverse IO Floaters), price structures and trades for over eight years. Mr. Onwuachi's expertise lies in his ability to pick bonds such as mortgage derivatives by evaluating them through Yieldbook, Intex and Bloomberg. Onwuachi is versed in Bloomberg's BCCF calculator which he uses to analyze the floor and determine the appropriate swaps.