Introduction to Mortgages and Mortgage Backed Securities
Introduction to Mortgages and Mortgage Backed Securities by Richard K. Green introduces the basics of residential mortgages and the creation of mortgage-backed securities. It outlines key concepts in real estate finance, suitable for newcomers to the subject. The book explains essential mechanisms in an approachable manner, focusing on foundational knowledge.
About This Book
Introduction to Mortgages and Mortgage Backed Securities provides an essential overview of key concepts in residential mortgage markets. Authored by Richard K. Green, it explores the structure and function of mortgages as financial instruments.
The text delves into the mechanics of mortgage-backed securities, explaining how these assets are created and traded. It covers fundamental principles without assuming prior advanced knowledge, making it accessible for beginners.
Readers will gain insights into the role of mortgages in the broader economy and the securitization process that transforms loans into investable securities. The book serves as a starting point for understanding real estate finance dynamics.
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