Advances in the Valuation and Management of Mortgage-Backed Securities
Edition: 1 edition
Publisher: Wiley
Published: January 1999
Language: eng
Format: Hardcover
Number of pages: 317
ISBN-13: 9781883249526
Subjects: Finance & Accounting; Investments & Securities - General; Business & Economics; Business / Economics / Finance; Business/Economics; Business & Economics / Investments & Securities
First sentence: While demand from the various factions of the investor base affects MBS spreads, the investment actions of the agencies, namely Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC), are now the single largest determinants of MBS spreads with respect to the investment community.