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	<title><![CDATA[financial services and mortgage-backed security Resources | BNET]]></title>
	<link><![CDATA[http://resources.bnet.com/topic/financial+services+and+mortgage-backed+security.html]]></link>
	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to financial services and mortgage-backed security]]></description>
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		<title><![CDATA[Commercial Mortgage Backed Securities]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=151036]]></link>
		<description><![CDATA[This article provides insight into commercial mortgage backed securities CMBS. CMBS are bonds that have been collateralized by a pool of commercial real estate mortgages. All of the principal and interest from the mortgages flow to bondholders over the life of the bonds. Typically CMBS trusts range in size from...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Tue, 26 Oct 2004 00:00:00 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/bond.html"><![CDATA[Bond]]></category>
		<category domain="http://resources.bnet.com/topic/commercial+real+estate.html"><![CDATA[Commercial Real Estate]]></category>
		<category domain="http://resources.bnet.com/topic/mortgage-backed+security.html"><![CDATA[Mortgage-backed Security]]></category>
		<category domain="http://resources.bnet.com/topic/mortgages.html"><![CDATA[Mortgages]]></category>
		<category domain="http://resources.bnet.com/topic/real+estate.html"><![CDATA[Real Estate]]></category>
		<category domain="http://resources.bnet.com/topic/financial+services.html"><![CDATA[Financial Services]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
		<category domain="http://resources.bnet.com/topic/capital+structures.html"><![CDATA[Capital Structures]]></category>
		<category domain="http://resources.bnet.com/topic/business+operations.html"><![CDATA[Business Operations]]></category>
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		<title><![CDATA[Limits of Arbitrage: Theory and Evidence From the Mortgage-Backed Securities Market]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=133379]]></link>
		<description><![CDATA["Limits of Arbitrage" theories require that the marginal investor in a particular asset market be a specialized arbitrageur. The paper examines the mortgage-backed securities market in this light, as casual empiricism suggests that investors in the MBS market do seem to be very specialized. It shows that risks that seem...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Thu, 22 Jan 2004 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/theory.html"><![CDATA[Theory]]></category>
		<category domain="http://resources.bnet.com/topic/arbitrage.html"><![CDATA[Arbitrage]]></category>
		<category domain="http://resources.bnet.com/topic/northwestern+university.html"><![CDATA[Northwestern University]]></category>
		<category domain="http://resources.bnet.com/topic/mortgage-backed+security.html"><![CDATA[Mortgage-backed Security]]></category>
		<category domain="http://resources.bnet.com/topic/financial+services.html"><![CDATA[Financial Services]]></category>
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		<title><![CDATA[VAR for Mortgage Backed Securities]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=62320]]></link>
		<description><![CDATA[Value at Risk VaR is a mathematical approach for estimating the maximum potential loss of a given portfolio within some field of time with some likelihood of occurrence. Monte Carlo Simulation calculates the potential portfolio loss using market scenarios that were created from historic volatility and correlation estimates. As correlation...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Wed, 01 Jan 2003 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/capital+market.html"><![CDATA[Capital Market]]></category>
		<category domain="http://resources.bnet.com/topic/mortgage-backed+security.html"><![CDATA[Mortgage-backed Security]]></category>
		<category domain="http://resources.bnet.com/topic/capital+market+risk+advisors.html"><![CDATA[Capital Market Risk Advisors]]></category>
		<category domain="http://resources.bnet.com/topic/monte+carlo+simulation.html"><![CDATA[Monte Carlo Simulation]]></category>
		<category domain="http://resources.bnet.com/topic/investment.html"><![CDATA[Investment]]></category>
		<category domain="http://resources.bnet.com/topic/financial+services.html"><![CDATA[Financial Services]]></category>
		<category domain="http://resources.bnet.com/topic/retail.html"><![CDATA[Retail]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
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		<title><![CDATA[CMOs, Duration Risk and a New Mortgage]]></title>
		<link><![CDATA[http://jobfunctions.bnet.com/abstract.aspx?docid=63165]]></link>
		<description><![CDATA[This article presents an alternative mortgage that retains the fixed-rate feature of a fixed-rate mortgage FRM, but accelerates the principal amortization when interest rates rise, exposing the buyer to less duration risk in a rising interest rate environment. This mortgage, labeled the adjustable amortization mortgage AAM, is shown to have...]]></description>
		<s:doctype><![CDATA[White papers]]></s:doctype>
		<pubDate>Sat, 01 Jan 2000 00:00:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/california+state+university.html"><![CDATA[California State University]]></category>
		<category domain="http://resources.bnet.com/topic/interest+rate.html"><![CDATA[Interest Rate]]></category>
		<category domain="http://resources.bnet.com/topic/cmos.html"><![CDATA[CMOS]]></category>
		<category domain="http://resources.bnet.com/topic/mortgage-backed+security.html"><![CDATA[Mortgage-backed Security]]></category>
		<category domain="http://resources.bnet.com/topic/mortgages.html"><![CDATA[Mortgages]]></category>
		<category domain="http://resources.bnet.com/topic/financial+planning.html"><![CDATA[Financial Planning]]></category>
		<category domain="http://resources.bnet.com/topic/financial+services.html"><![CDATA[Financial Services]]></category>
		<category domain="http://resources.bnet.com/topic/finance.html"><![CDATA[Finance]]></category>
		<category domain="http://resources.bnet.com/topic/capital+structures.html"><![CDATA[Capital Structures]]></category>
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