Mortgage Backed Securities
This course will introduce you to a variety of the more commonly-encountered types of mortgage-backed securities, pass-through securities, and CMO's, as well as a lot of the concepts used to assess the attractiveness of mortgage-backed securities.
Overview
This course includes:
- 3+ hours of on-demand video
- 4 modules
- Core level
- Direct access/chat with the instructor
- 100% self-paced online
- Many downloadable resources
- Shareable certificate of completion
This course will introduce you to a variety of the more commonly-encountered types of mortgage-backed securities, pass-through securities, and CMO's, as well as a lot of the concepts used to assess the attractiveness of mortgage-backed securities and a lot of the details to help understand mortgage-backed securities and how they work.
This course contains 21 lectures among 4 sections:
- Introduction to Mortgages and Mortgage Backed Securities
- Pass Through Securities
- Analysis of Pass Through Securities
- Collateralized Mortgage Obligations
Skills You Will Gain
Learning Outcomes (At The End Of This Program, You Will Be Able To...)
- To explain what mortgage backed securities (MBS) are and how they are structured.
- To discuss the pricing and trading of MBS.
- To describe what are pass-through securities, their risks, and how prices & yields are calculated for these instruments.
- To understand collateralized mortgage obligations (CMOs), their purpose and use, and how the market functions for these products.
Prerequisites
- Knowledge of the English language.
- Participants are expected to have basic math knowledge coming into this course.
- A financial calculator is recommended to get the most out of this course.
Who Should Attend
- Analysts and associates in commercial, corporate and investment banking
