HADM 6250 - Securitization and Structured Financial Products

Fall, spring. 3 credits. Letter grades only.

Prerequisite: both a “Principles of Real Estate: and a “Real Estate Finance & Investments” course (any of HADM 3210, HADM 4200, HADM 6200 for “Principles”; any of HADM 4230, HADM 4280, HADM 6210, HADM 6280 for REFI) are required for this course. Other students by permission of the instructor. Elective. Co-meets with HADM 4250.

D. Lebret, P. Liu.

Deals with the structure and analysis of securitized financial products with an emphasis on residential and commercial mortgage-backed securities (MBS). The course is intended for those who wish to acquire a working knowledge of the analysis of such securities (e.g., collateralized mortgage obligations, commercial MBS, auto loans, and credit card-backed securities) and an understanding of the securitization process. The course’s subject matter necessitates a highly analytic and quantitative approach, and students are required to have a strong background in finance and economics. Students who have questions about preparation or background should see the instructor.