{"product_id":"9781883249878","title":"Basics of Mortgage-Backed Securities","description":"\u003ch3\u003eFrank J. Fabozzi Series\u003c\/h3\u003e\u003ch1\u003eBasics of Mortgage-Backed Securities\u003c\/h1\u003e\u003ch3\u003eJoseph Hu\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Investments \u0026amp; Securities \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003eThe purpose of \u003ci\u003eBasics of Mortgage-Backed Securities\u003c\/i\u003e is to provide readers with a fundamental understanding of mortgage securities as an integral part of investment in fixed-income securities. The second edition of this MBS classic provides the latest information on the U.S. residential mortgage market, adjustable-rate mortgages and mortgage pass-throughs, relative value analyses and performance characteristics.  \u003cp\u003eDr. James Hu discusses the major changes within the mortgage market that may affect the fundamentals of mortgage securities. Some of these are: the recovery of the REMIC market after its collapse; the flourish of private-label securities; the growth of equity loan-backed securities and its establishment as a member of the fixed-income securities family. Also included are additional historical data for all exhibits. Mortgage pre-payment, dollar rolls, and private-label mortgage-backed securities are also addressed.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e \u003cb\u003eJoseph Hu\u003c\/b\u003e is Managing Director and Director of Structured Finance Ratings Research at Standard \u0026amp; Poor's. He has held positions as a Managing Director and Director of Mortgage Research at Oppenheimer \u0026amp; Co., Inc., a Senior Vice President and Head of Mortgage Research at Nomura Securities International, Inc., Executive Vice President and Director of Mortgage Research at Shearson Lehman Hutton Inc., Senior Vice President and Head of Mortgage Research and Strategy Group at E.F. Hutton Inc., Vice President at Salomon Brothers Inc., and Economist at Federal National Mortgage Association. Dr. Hu received his Ph.D. in economics from Oklahoma State University in 1974; M.A. degree from the University of New Mexico in 1971; and B.A. degree from the National Taiwan University in 1968.\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e15 January 2001\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781883249878\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e192\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e14.4\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44310645801100,"sku":"9781883249878","price":108.9,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781883249878_fbfb1e11-e4b6-4176-bd56-2cfcde2cc050.jpg?v=1780167200","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781883249878","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}