Collateralized Mortgage Obligations: A Practical Guide to Cmos for Traders & Investors: A Guide to CMOs for Traders and Investors - Hardcover

Amerman, Daniel R.

 
9780070014763: Collateralized Mortgage Obligations: A Practical Guide to Cmos for Traders & Investors: A Guide to CMOs for Traders and Investors

Inhaltsangabe

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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Über die Autorin bzw. den Autor

Daniel R. Amerman is Currently president of Amerman Financial Services.

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