Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Mortgages and Mortgage-backed Securities (FRM Part 1 2023 – Book 3 – Chapter 18). That video is uploaded by AnalystPrep at 2022-06-10T13:00:11-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [dTdv_qCtDAo]
| Name | Mortgages and Mortgage-backed Securities (FRM Part 1 2023 – Book 3 – Chapter 18) |
| Video Uploader | Video From AnalystPrep |
| Upload Date | This Video Uploaded At 10-06-2022 20:00:11 |
| Video Discription | For FRM (Part I & Part II) video lessons, study notes, question banks, mock exams, and formula sheets covering all chapters of the FRM syllabus, click on the following link: https://analystprep.com/shop/unlimited-package-for-frm-part-i-part-ii/ *AnalystPrep is a GARP-Approved Exam Preparation Provider for FRM Exams* After completing this reading, you should be able to: - Describe the various types of residential mortgage products. - Calculate a fixed-rate mortgage payment and its principal and interest components. - Describe the mortgage prepayment option and the factors that influence prepayments. - Summarize the securitization process of mortgage-backed securities (MBS), particularly the formation of mortgage pools, including specific pools and to-be-announceds (TBAs). - Calculate the weighted average coupon, weighted average maturity, single monthly mortality rate (SMM), and conditional prepayment rate (CPR) for a mortgage pool. - Describe the process of trading pass-through agency MBS. - Explain the mechanics of different types of agency MBS products, including collateralized mortgage obligations (CMOs), interest-only securities (IOs), and principal-only securities (POs). - Describe a dollar roll transaction and how to value a dollar roll. - Explain prepayment modeling and its four components: refinancing, turnover, defaults, and curtailments. - Describe the steps in valuing an MBS using Monte Carlo simulation. - Define Option Adjusted Spread (OAS) and explain its challenges and its uses. dTdv_qCtDAo |
| Category | Education |
| Tags | frm | frm part 1 | frm video lectures | Mortgages | Mortgage-backed Securities | residential mortgage products | mortgage prepayment option | weighted average coupon | weighted average maturity | conditional prepayment rate | Option-Adjusted Spread | mortgage pools |
