Securitization
The Financial Instrument of the Future
This massive volume on MBSs, ABSs and CDOs
is comprehensive, deep and extremely well written. It presents both a US and international perspective, delving
into structures, asset
classes, prepayments, credit ratings, servicing, legal issues,
accounting, taxes, and more. Written by a
single author, it has a unity that multi-author volumes often lack. It
can serve as an in-depth introduction for beginners, or a comprehensive
desk reference for pros ...