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.
| ISBN: | 9781883249885 |
| Publication date: | 18th February 2000 |
| Author: | Frank J Fabozzi |
| Publisher: | John Wiley & Sons, Inc. an imprint of Wiley |
| Format: | Hardback |
| Pagination: | 272 pages |
| Series: | Frank J. Fabozzi Series |
| Genres: |
Finance and accounting |