Год выпуска: 2000 Автор: Frank J. Fabozzi CFA Издательство: Страниц: 270 ISBN: 9781883249885
Описание
Commercial mortgage–backed securities (CMBS)?securitizations of mortgage loans backed by commercial real estate?have become compelling devices for fixed income investing. This title, edited by renowned financial expert Frank Fabozzi, describes the structure, valuation, and performance of CMBS, illustrates an empirical framework for estimating CMBS defaults, instructs how to value prepayment and credit risks of CMBS, and more.
