Review: Valuable Information
Rating: 5 out of 5
Date: 05 18, 2014
Mortgage Backed Securities takes the beginning trader and explains what MBS are, who they are provided by and what the advantages and disadvantages are to trading in them.  The author Justin Adams walks the reader through the different types of securities, i.e. government backed v. government insured as well as risks involved in these types of financial instruments such as prepayment, extension and default.  In the end, author Adams explains various alternative ETFs like CMO and REMICs.  After reading this book, a beginner will be able to grasp more intricate, advanced lessons on mortgage backed securities.