| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP16989
|
| DP16989 Mortgage-Backed Securities |
| David Lucca; James Vickery
|
| 发表日期 | 2022-02-02
|
| 出版年 | 2022
|
| 语种 | 英语
|
| 摘要 | This paper reviews the mortgage-backed securities (MBS) market, with a particular emphasis on agency residential MBS in the United States. We discuss the institutional environment, security design, MBS risks and asset pricing, and the economic effects of mortgage securitization. We also assemble descriptive statistics about market size, growth, security characteristics, prepayment, and trading activity. Throughout, we highlight insights from the expanding body of academic research on the MBS market and mortgage securitization. |
| 主题 | Financial Economics
|
| 关键词 | Mortgage finance
Securitization
Agency mortgage-backed securities
Tba
Option-adjusted spreads
Covered bonds
|
| URL | https://cepr.org/publications/dp16989
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545936
|
推荐引用方式
GB/T 7714 |
David Lucca,James Vickery. DP16989 Mortgage-Backed Securities. 2022.
|
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