HADM 6250 - [Securitization and Structured Financial Products]

Fall. Not offered: 2024-2025. Next offered: 2025-2026. 3 credits. Letter grades only (no audit).

Prerequisite: HADM 3210, or HADM 4200, or HADM 6200 or permission of instructor. Undergraduate students should enroll in HADM 4250. Co-meets with HADM 4250.

S. Flynn.

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.