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How do Mortgage Backed Securities (MBS) influence today’s interest rates and home prices? Since they were introduced in 1970 these products have continued to appeal to investors. Other products based upon MBS, such as Real Estate Mortgage Investment Conduit (REMIC) and Asset Backed Securities (ABS) continued to expand. Hear from the investor and issuer perspective that drives the demand for these securities. Learn about the types, methods of issuance, structural differences and the unique terminology associated with these products.
| Topics include: |
• Accounting for periodic distributions
• Agencies vs. Non-Agency Issuers
• Credit and Payment enhancements |
• History of securitization
• Pass-through vs. Pay-through structures
• Securitization process |
| Benefits of attendance: |
• Broaden computation skills
• Differentiate MBS/ABS from bonds
• Learn about distribution cycles |
• Recognize processing risks
• Supplement fixed income processing skills
• Understand associated terminology |
| Staff from the following areas should attend: |
• Information Technology
• Middle Office
• Operations |
• Reference Data
• Regulatory Reporting
• Trading |
Basics of the Securities Industry program or equivalent experience preferred |
