Description
Dr. 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.
About the Author
Joseph Hu is Managing Director and Director of Structured Finance Ratings Research at Standard & Poor's. He has held positions as a Managing Director and Director of Mortgage Research at Oppenheimer & 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.
Book Information
ISBN 9781883249878
Author Joseph Hu
Format Hardback
Page Count 188
Imprint John Wiley & Sons Inc
Publisher John Wiley & Sons Inc
Weight(grams) 408g
Dimensions(mm) 233mm * 159mm * 16mm