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Synopsis
Explains the vocabulary, structures, and risks in collateralized mortgage obligation (CMOs) and offers advice on investing in mortgage derivatives. Sections on basics in mortgage security and prepayment, tools of the trade such as evaluation techniques, and trading opportunities and pitfalls explore all aspects of CMOs, from average lives and payment windows to the characteristics of IO inverse floaters. Includes an alphabetical guide to tranche types and a glossary. Annotation c. by Book News, Inc., Portland, Or.
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About the Author
Daniel R. Amerman is Currently president of Amerman Financial Services.
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Collateralized Mortgage Obligations: A Practical Guide to Cmos for Traders & Investors
Seller: Corner of a Foreign Field, Tokyo, TOKYO, Japan
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Hardcover. Condition: Very Good. Dust Jacket Condition: Very Good. 1996.Hardcover.Very good,very good.283 pages.Ships from Japan.Usually shipss in 1-2 working days. Seller Inventory # 7603
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