{"product_id":"9781119221500","title":"Investing in Mortgage-Backed and Asset-Backed Securities: Financial Modeling with R and Open Source Analytics","description":"\u003cb\u003eA complete guide to investing in and managing a portfolio of mortgage- and asset-backed securities\u003c\/b\u003e \u003cp\u003eMortgage- and asset-backed securities are not as complex as they might seem. In fact, all of the information, financial models, and software needed to successfully invest in and manage a portfolio of these securities are available to the investment professional through open source software. \u003ci\u003eInvesting in Mortgage and Asset-Backed Securities + Website\u003c\/i\u003e shows you how to achieve this goal.\u003c\/p\u003e \u003cp\u003eThe book draws entirely on publicly available data and open source software to construct a complete analytic framework for investing in these securities. The analytic models used throughout the book either exist in the quantlib library, as an R package, or are programmed in R and incorporated into the analytic framework used.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eExamines the valuation of fixed-income securities—metrics, valuation framework, and return analysis\u003c\/li\u003e \u003cli\u003eCovers residential mortgage-backed securities—security cash flow, mortgage dollar roll, adjustable rate mortgages, and private label MBS\u003c\/li\u003e \u003cli\u003eDiscusses prepayment modeling and the valuation of mortgage credit\u003c\/li\u003e \u003cli\u003ePresents mortgage-backed securities valuation techniques—pass-through valuation and interest rate models\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEngaging and informative, this book skillfully shows you how to build, rather than buy, models and proprietary analytical platforms that will allow you to invest in mortgage- and asset-backed securities.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47121589666032,"sku":"9781119221500","price":56.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781119221500_p0.jpg?v=1763696848","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781119221500","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}