An examination of Mortgage-Backed Securities: are they suitable for investors to invest
The purpose of this dissertation is providing investors a good understanding for Mortgage Backed Security (MBS) that could lead them making reasonable decision for MBS buying. In order to achieve this purpose, definition, structure and benefits of securitization are examined; Risks associated with M...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2007
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| Online Access: | https://eprints.nottingham.ac.uk/21210/ |
| _version_ | 1848792207141634048 |
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| author | Li, Jinghan |
| author_facet | Li, Jinghan |
| author_sort | Li, Jinghan |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | The purpose of this dissertation is providing investors a good understanding for Mortgage Backed Security (MBS) that could lead them making reasonable decision for MBS buying. In order to achieve this purpose, definition, structure and benefits of securitization are examined; Risks associated with MBSs are analyzed; MBS development (including various MBS available) in the U.S., UK and continent Europe market is reviewed; different types of MBSs are carefully evaluated, their various prioritising payment structures (cash flows) are investigated; finally, the challenging valuation of MBS is well discussed including a full presentation of the U.S. MBS value derive process. At the end, the different approaches employed by U.S and European market for prepayment estimation are compared. |
| first_indexed | 2025-11-14T18:40:44Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-21210 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:40:44Z |
| publishDate | 2007 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-212102018-04-09T11:07:27Z https://eprints.nottingham.ac.uk/21210/ An examination of Mortgage-Backed Securities: are they suitable for investors to invest Li, Jinghan The purpose of this dissertation is providing investors a good understanding for Mortgage Backed Security (MBS) that could lead them making reasonable decision for MBS buying. In order to achieve this purpose, definition, structure and benefits of securitization are examined; Risks associated with MBSs are analyzed; MBS development (including various MBS available) in the U.S., UK and continent Europe market is reviewed; different types of MBSs are carefully evaluated, their various prioritising payment structures (cash flows) are investigated; finally, the challenging valuation of MBS is well discussed including a full presentation of the U.S. MBS value derive process. At the end, the different approaches employed by U.S and European market for prepayment estimation are compared. 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21210/1/07MAlixjl32.pdf Li, Jinghan (2007) An examination of Mortgage-Backed Securities: are they suitable for investors to invest. [Dissertation (University of Nottingham only)] (Unpublished) MBS |
| spellingShingle | MBS Li, Jinghan An examination of Mortgage-Backed Securities: are they suitable for investors to invest |
| title | An examination of Mortgage-Backed Securities: are they suitable for investors to invest |
| title_full | An examination of Mortgage-Backed Securities: are they suitable for investors to invest |
| title_fullStr | An examination of Mortgage-Backed Securities: are they suitable for investors to invest |
| title_full_unstemmed | An examination of Mortgage-Backed Securities: are they suitable for investors to invest |
| title_short | An examination of Mortgage-Backed Securities: are they suitable for investors to invest |
| title_sort | examination of mortgage-backed securities: are they suitable for investors to invest |
| topic | MBS |
| url | https://eprints.nottingham.ac.uk/21210/ |