Mortgage Backed Securities

Course Tasters


Mortgage Backed Securities

Taster Hub

Part 1 – Overview

This preview includes:
– Explanation of what a Mortgage-Backed Security is
– Outstanding US Bond Market Debt in billions
– US Fixed Income Markets

Part 2 – Course Introduction

This preview includes:
– Early forms of Mortgages
– Real Estate and Mortgages during the depression
– Government Programs to support the mortgage market

Part 3 – Government Agencies vs. Government Sponsored Enterprises (GSEs)

This preview includes:
– Securitizations based on government-insured/guaranteed mortgage loans 
– Securitizations based on conventional or government-backed mortgages

Part 4 – Risk Factors

This preview includes:
– Uncertainty of Cash Flow due to the potential for prepayment

Part 5 – Pass-Through Securities

This preview includes:
– Structured securities – Mortgage-Backed Securities, Asset-Backed Securities & collateralized debt obligation
– Asset securitization structured payouts

About The Course

Mortgage Backed Securities is a fast-paced, comprehensive yet detailed introduction to the U.S. mortgage-backed securities market. The coverage runs from the basics of terminology and features of individual mortgage contracts all the way through to the structure and investment characteristics of exotic instruments such as PAC bond tranches and reverses mortgage securitization.

“NYIF is a great option for those looking to learn more about specific finance-related topics that you just won’t get in the undergrad or grad school. I took the course on Mortgage-Backed Securities (MBS) and I can tell you first hand, this is something they just don’t teach about in great detail in college. Appreciated the chance to learn from someone with real-world experience and alongside other colleagues working in the industry. Have referred back to my course materials on numerous occasions since for reference.”

— Ryan Bilsky ’17, Mortgage-Backed Securities

About NYIF

The New York Institute of Finance (NYIF) is a global leader in professional training for financial services and related industries. NYIF courses cover everything from investment banking, asset pricing, insurance, and market structure to financial modeling, treasury operations, and accounting. The New York Institute of Finance has a faculty of industry leaders and offers a range of program delivery options, including self-study, online courses, and in-person classes. Founded by the New York Stock Exchange in 1922, NYIF has trained over 250,000 professionals online and in class, in over 120 countries.

See all of NYIF’s training and qualifications here.

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