Introduction to Securitization outlines the basics of securitization, addressing applications for this technology to mortgages, collateralized debt obligations, future flows, credit cards, and auto loans. The authors present a comprehensive overview of the topic based on the experience they have gathered through years of interaction with practitioners and graduate students around the world. The authors offer coverage of such key topics as: structuring agency MBS deals and nonagency deals, credit enhancements and sizing, using interest rate derivatives in securitization transactions, asset classes securitized, operational risk factors, implications for financial markets, and applying securitization technology to CDOs. Finally, in the appendices, the authors provide an essential introduction to credit derivatives, an explanation of the methodology for the valuation of MBS/ABS, and the estimation of interest rate risk. Securitization is a financial technique that pools assets together and, in effect, turns them into a tradable security. The end result of a securitization transaction is that a corporation can obtain proceeds by selling assets and not borrowing funds. In real life, many securitization structures are quite complex and enigmatic for practitioners, investors, and finance students. Typically, books detailing this topic are either too lengthy, too technical, or too superficial in their presentation. Introduction to Securitization is the first to offer essential information on this topic at a fundamental, yet comprehensive level-providing readers with a working understanding of what has become one of today's most important areas of finance. Authors Frank Fabozzi and Vinod Kothari, internationally recognized experts in the field, clearly define securitization, contrast it with corporate finance, and explain its advantages. They carefully illustrate the structuring of asset-backed securities (ABS) transactions, including agency mortgage-backed securities (MBS) deals and nonagency deals, and show the use of credit enhancements and interest rate derivatives in such transactions. They review the collateral classes in ABS, such as retail loans, credit cards, and future flows, and discuss ongoing funding vehicles such as asset-backed commercial paper conduits and other structured vehicles. And they explain the different types of collateralized debt obligations (CDOs) and structured credit, detailing their structuring and analysis. To complement the discussion, an introduction to credit derivatives is also provided. The authors conclude with a close look at securitization's impact on the financial markets and the economy, with a review of the now well-documented problems of the securitization of one asset class: subprime mortgages. While questions about the contribution of securitization have been tainted by the subprime mortgage crisis, it remains an important process for corporations, municipalities, and government entities seeking funding. The significance of this financial innovation is that it has been an important form of raising capital for corporations and government entities throughout the world, as well as a vehicle for risk management. Introduction to Securitization offers practitioners and students a simple and comprehensive entry into the interesting world of securitization and structured credit.

зарубежная деловая литература

корпоративные финансы

финансовый менеджмент

Introduction to Securitization

A Probability Metrics Approach to Financial Risk Measures

Encyclopedia of Financial Models, Volume II

Encyclopedia of Financial Models, Volume I

Investing in Mortgage-Backed and Asset-Backed Securities. Financial Modeling with R and Open Source Analytics

Portfolio Construction and Analytics

Financial Models with Levy Processes and Volatility Clustering

The Theory and Practice of Investment Management. Asset Allocation, Valuation, Portfolio Construction, and Strategies

Introduction to Fixed Income Analytics. Relative Value Analysis, Risk Measures and Valuation

любовные романы

фэнтези

учебная и научная литература

современная русская литература

современные любовные романы

современная зарубежная литература

детективы

об истории серьезно

приключения

книги о приключениях

ужасы / мистика

учебники и пособия для вузов

cтихи, поэзия

книги по психологии

стихи и поэзия

гуманитарные и общественные науки

русская классика

мистика

боевики, остросюжетная литература

публицистическая литература

Кого ты пытаешься обмануть, Девочка?.. Кто ты когда на тебя никто не смотрит?..


русская поэзия

К ней. К нему

В этой книге представлено два романа известного писателя-исто­рика Геннадия Левицкого.

Роман «Сокровище тамплиеров» рассказывает о событиях XII века, когда сбылась мечта христиан всего мира. Первый крестовый поход закончился отвоеванием Святой земли, и теперь, оказавшись в Палестине, люди Запада с воодушевлением ищут вещи, связанные с земной жизнью Иисуса Христа, ведь эти святыни обладают особой силой. Животворящий Крест принес рыцарям победы во многих битвах. Копье, пронзившее Иисуса, спасло от гибели Антиохию и армию крестоносцев, а затем в руках тамплиеров оказывается хитон Иисуса.

Роман «Мечта конкистадора» переносит читателя в более позднюю эпоху – эпоху покорения Америки. 

исторические приключения

историческая литература

Сокровище тамплиеров

Искусственный интеллект уже влияет на нашу жизнь и работу. Одним из самых доступных ИИ стал ChatGPT — помощник, способный генерировать тексты, анализировать данные и помогать в решении задач. Чтобы эффективно использовать ИИ, важно направить его возможности правильно.

На помощь приходят фреймворки — проверенные структуры мышления и действий, применяемые в маркетинге, управлении, IT и других сферах. 

Сочетание ИИ и фреймворков создаёт мощный синергетический эффект: нейросеть обрабатывает информацию и генерирует идеи, а фреймворк направляет их в нужное русло. Вместе они образуют эффективный тандем — фреймворк задаёт рамки, ИИ наполняет их содержанием.

Эта книга — практическое руководство по использованию фреймворков с ChatGPT. Вы научитесь создавать точные промпты, получать структурированные ответы, автоматизировать процессы и повышать продуктивность в любой сфере.

Добро пожаловать в мир  где технологии работают на вас благодаря стратегии и структуре.
Художник Копырин И.Б.

малый и средний бизнес

инновации в бизнесе

бизнес-процессы

Научитесь писать промпты правильно. Работаем с ChatGPT через фреймворки

Новый сборник рассказов интересных, смешных и поучительных. В данных историях много доли правды. В сборник вошли разные жанры, сатирические, про животных и так далее. 

юмористическая проза

юмор и сатира

легкая проза

Рассказы обо всем

This volume offers lively current debates and case studies in historical archaeology selected from around the world, including North America, Latin America, Africa, the Pacific, and Europe. Authored by 19 experts in the field. Explores how historical archaeologists think about their work, piecing together information from both material culture and documents in an attempt to understand the lives of the people and societies they study. Engages with current theory in an accessible manner. Truly global in its approach but avoids subsuming local experiences of people into global patterns. Summarizes not only the current state of historical archaeology, but also sets the course for the field in decades to come.

социология

Historical Archaeology

Design and Development of Biological, Chemical, Food and Pharmaceutical Products has been developed from course material from the authors’ course in Chemical and Biochemical Product Design which has been running at the Technical University Denmark for years. The book draws on the authors’ years of experience in academia and industry to provide an accessible introduction to this field, approaching product development as a subject in its own right rather than a sideline of process engineering In this subject area, practical experience is the key to learning and this textbook provides examples and techniques to help the student get the best out of their projects. Design and Development of Biological, Chemical, Food and Pharma Products aims to aid students in developing good working habits for product development. Students are challenged with examples of real problems that they might encounter as engineers. Written in an informal, student-friendly tone, this unique book includes examples of real products and experiences from real companies to bring the subject alive for the student as well as placing emphasis on problem solving and team learning to set a foundation for a future in industry. The book includes an introduction to the subject of Colloid Science, which is important in product development, but neglected in many curricula. Knowledge of engineering calculus and basic physical chemistry as well as basic inorganic and organic chemistry are assumed. An invaluable text for students of product design in chemical engineering, biochemistry, biotechnology, pharmaceutical sciences and product development. Uses many examples and case studies drawn from a range of industries. Approaches product development as a subject in its own right rather than a sideline of process engineering Emphasizes a problem solving and team learning approach. Assumes some knowledge of calculus, basic physical chemistry and basic transport phenomena as well as some inorganic and organic chemistry.

техническая литература

технические науки

Design & Development of Biological, Chemical, Food and Pharmaceutical Products

From the Foreword by Rob Smith, Director of Estates and Facilities (NHS England), Department of Health ‘The built environment for the delivery of Healthcare will continue to change as it responds to new technologies and modalities of care, different expectations and requirements of providers and consumers of care. It is vital that built environment students and practitioners alike avail themselves of the best possible information to guide them in their studies, continuing professional development and the delivery of their tasks. The range is enormous from the assessment of need, planning the service delivery to design, construction, commissioning, maintenance and operation of the healthcare environment. The book that follows addresses these areas from a blend of contributions of experienced practitioners to the descriptions of the output from recent research that moves forward the frontiers of knowledge and practice in the many areas of the healthcare built environment. I happily commend this book to all engaged in the exciting fields of planning, delivering, maintaining and operating healthcare environments. When we get it right, we are able to do immeasurable good.’ This book helps academic researchers as well as practitioners to understand how the healthcare infrastructure sector works by addressing the crucial issue of healthcare delivery from a built environment perspective. It explains the trends in healthcare, models of healthcare delivery; healthcare planning; the NHS building and investment programmes; the procurement process; and facilities management; financial models – including PFI and LIFT; risk allocation and partnering. Past investigations in the area of healthcare delivery have concentrated on either the medical aspects or the design issues of buildings but Improving Healthcare through Built Environment Infrastructure is unique in considering the ‘meeting space’ of built environment technologies and modern methods of procurement with the medical and operational needs of healthcare settings. The authors have brought together key industrialists and academics, all heavily involved in the formulation and delivery of new practices. Case studies illustrate how policies and healthcare models are implemented in practice and help identify the key challenges for the future.

Improving Healthcare through Built Environment Infrastructure

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Introduction to Securitization

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