Title:
The handbook of commercial mortgage-backed securities
Publication Information:
Pennsylvania : Frank J Fabozzi Associates, 1997
ISBN:
9781883249113
Available:*
Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
|---|---|---|---|---|---|
Searching... | 30000003906967 | HG4655 H37 1995 | Open Access Book | Book | Searching... |
On Order
Summary
Summary
The Handbook of Commercial Mortgage-Backed Securities is a cornerstone reference in this emerging sector of the structured finance market. This Second Edition provides updated coverage of the market, the instruments, the tools used to assess these securities, and tax accounting issues. In addition to an overview of the commercial real estate finance and commercial property markets, this book also covers property-market framework for bond investors, the role of the servicer, an investor's perspective on commercial mortgage-backed coupon strips, defaults on commercial mortgages, assessing credit risk, an options approach to valuation and risk analysis, legal perspectives on disclosure issues, and federal income taxation.
Table of Contents
| Contributing Authors |
| List of Advertisers |
| Section I Background |
| 1 The CMBS Market: Past, Present, and FutureG. Gichon |
| 2 A Property Market Framework for Bond InvestorsP. Corcoran |
| 3 Commercial Mortgage Default Rates and Loss SeverityR. Pelletier and A. Rudenstein |
| Section II Cmbs and Structuring Issues |
| 4 Commercial Mortgage-Backed SecuritiesJ. DeMichele and W. Adams |
| 5 An Investor's Framework for Modeling and Analyzing CMBSR. Trepp and J. Savitsky |
| 6 Structural Considerations Impacting CMBSJ. Dunlevy |
| 7 How CMBS Structuring Impacts the Performance of the Bond ClassesD. Jacob and L. Tong |
| 8 Understanding Prepayments in CMBS DealsD. Cheng, et al |
| 9 Investing in Subordinate CMBS BondsJ. Mathew and E. Katz |
| Section III Risk Analysis |
| 10 CMBS: Developing Risk Management for a New Asset ClassM. Reilly and B. Golub |
| 11 Evaluating the Risk of Commercial Mortgage-Backed SecuritiesG. Pappadopoulos and J Fisher |
| 12 Rating of Commercial Mortgage -Backed SecuritiesJ. Franzetti |
| 13 Assessing Credit Risk of CMBSP. Corcoran and D. Kao |
| 14 Credit-Diven Prepayment and Default AnalysisM. Ervolini, et al |
| 15 Understanding and Managing the Balloon Risk of Commercial Mortgages in CMBSD. Jacob and P. Fastovsky |
| Section IV Valuation and Relative Value Analysis |
| 16 A Framework for Risk and Relative Value Analysis of CMBS: TheoryD. Jacob, et al |
| 17 A Framework for Risk and Relative Value Analysis of CMBS: PracticeD. Jacob and G. Gichon |
| 18 An Options Approach to Commercial Mortgages and CMBS Valuation and Risk AnalysisD. Jacob, et al |
| 19 A Monte Carlo Default Pricing Model for CMBSG. Pappadopoulos |
| 20 An Investor's Perspective on Commercial Mortgage-Backed Coupon StripsK. Gollenberg |
| 21 High Yield Commercial Mortgage-Backed SecuritiesD. Jacob and G. Gichon |
| Section V Accounting, Taxes, and Legal Issues |
| 22 The Role of the TrusteeS. Davis, et al |
| 23 Performing Financial Due Diligence Associated with Commercial Mortgage SecuritizationsD. Baranick and S. Quraishi |
| 24 Generally Accepted Accounting Principles for Issuers of and Investors in CMBSD. Baranick and R. Bennett |
| 25 Federal Income Taxation of REMICs and CMBSJ. Ferst and M. Miyashiro |
| Index |
