Description
Securitized Products Part 1 – CFI Education, Andrew Loo – Securitized Products Part 1 – CFI Education, Securitized Products Part 1 – CFI Education download, Andrew Loo – Securitized Products Part 1 – CFI Education review, Securitized Products Part 1 – CFI Education free torent
Andrew Loo – Securitized Products Part 1 – CFI Education
Securitized Products Part 1
Take this course to explore one of most, if not the most, liquid fixed income markets out there—a market that banks depend on to provide loans and mortgages
Master how mortgages go from individual borrowers to a combined pool
Learn about the US mortgage market and US GSEs
Explore how to value and trade MBS securities
Overview
Securitized Products (Part 1) Course Overview
In Securitized Products (Part 1), we will cover the basics of the securitization process, including its role in the world of finance, the structure of securitized products, and the risks associated with it. We will learn mortgage basics: borrower and loan classifications, features of mortgage products, and the way loans are being pooled into mortgage-backed securities (MBSs).
Securitized Products (Part 1) Learning Objectives
Upon completing this course, you will:
Acquire theoretical knowledge about the securitization process and products
Get practical experience calculating prepayment speeds and valuing MBS
Comprehend the role of the US GSEs in the mortgage market
Be well-versed in the basics of individual mortgage loans and their classification
Learn how market participants get relative value, how they trade, and how they hedge MBS securities
Who should take this course?
This course is perfect for somebody interested in learning about one of the most critical financial practices that allow achieving liquidity in the market and for somebody who considers securitization finance or any capital markets-related position the desired career path. As this course covers topics from beginner to advanced level, current students and anyone in the early stage of their career and industry professionals seeking to transition to a new industry will gain valuable knowledge from this course.
What you’ll learn
Lesson
Multimedia
Exams
Files
Introduction
Intro and Course Objectives
Download Course Presentation
Securitization
Securitization Basics
Income Yielding Assets
Interactive Exercise 1
Securitization Process
Risks
Why Securitize
Investors
Interactive Exercise 2
Mortgage Basics
Diagram
Single and Multi Family Mortgages
Conventionals
Interactive Exercise 3
Conforming
QM and Non-QM Loans
Non-QM Loans
Interactive Exercise 4
Metrics
Automatic Underwriting Systems
Mortgage Rate
Loan Balances
Occupancy and Amortization
Defaults
Originators
Fees Example
Current Coupon
Interactive Exercise 5
Pool Characteristics
Qualitative Pool Characteristics
Interactive Exercise 6
Midway Check-In
Midway Video
MBS Statistics
Weighted Average Coupon
WAM & WALA
Weighted Average Statistics Refinitiv
Prepayments
Prepayment
Prepayment Graph
Prepayment Speed
Constant Prepayment Rate
Single Monthly Mortality Rate
PSA Benchmark
CPR Refinitiv
PSA Refinitiv
Interactive Exercise 7
Valuing MBS
Bond Equivalent Yield
Valuing MBS Refinitiv
Static Measurements
Option Adjusted Spread
Interest Rate Risk
Interest Rate Risk
Interest Rate Risk Refinitiv
Hedging Rate Exposoure Refinitiv
Hedging Rate Exposure
Interactive Exercise 8
Course Summary
Outro Video
Qualified Assessment
Qualified Assessment
This Course is Part of the Following Programs
Why stop here? Expand your skills and show your expertise with the professional specializations, and CPE credits you’re already on your way to earning.
Commercial Banking & Credit Analyst (CBCA)®
Securitized Products Part 1 is part of the Commercial Banking & Credit Analyst (CBCA)®, which includes 57 courses.
Skills Learned
Financial Analysis, Credit Structuring, Risk Management
Career Prep
Commercial Banking, Credit Analyst
All Capital Markets & Securities Analyst (CMSA)® Courses
Securitized Products Part 1 is part of the Capital Markets & Securities Analyst (CMSA), which includes 40 courses.
Skills Learned
Trading strategies used in the finance and capital markets
Career Prep
Work in capital markets, whether on the buy-side or the sell-side
What our students say
Excellent Work
Excellent Work
Tahnoon Esmail
Perfectly Taught – Challenging and Rewarding
Andrew is the perfect teacher for this course. While some of the theoreticals on this topic can be hard to understand, Andrew delivers clear concise fundamentals multiple times to ensure you comprehend it. 10/10
Carson Howard
Great
Very well structured
Diego Leon Quilotte
