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The Handbook of Commercial Mortgage-Backed Securities 2e (Hardcover, 2nd Edition)
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The Handbook of Commercial Mortgage-Backed Securities 2e (Hardcover, 2nd Edition)
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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.
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