Prepayment behavior of Canadian mortgage backed securities
Mortgage-Backed securities (MBS) represent a financial instrument which "securitizes" residential first mortgages. Although the trading processes of MBS are similar to those of bonds, there are significant differences between the valuation methods of MBS and other securities. One of the so...
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Language: | English |
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University of British Columbia
2010
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Online Access: | http://hdl.handle.net/2429/27697 |