Tag: mbs
Concepts
- CMO Structures: PAC, TAC and Support Tranches
- Empirical Duration vs Analytical Duration
- Inverse IOs and Leveraged CMO Tranches
- Mortgage-Backed Securities
- Mortgage Pass-Through Mechanics and Pool Factors
- Option-Adjusted Spread
- Prepayment Risk and CPR
- TBA Trading and Dollar Rolls
- The Primary-Secondary Mortgage Spread