Edited by: Frank J. Fabozzi and David Jacob Table of contents: 1. CMBS: Past, Present and Future (Galia Gichon); 2. A Property Market Framework for Bond Investors (Patrick Corcoran); 3. Commercial Mortgage Default Rates and Loss Severity (Donald Belanger and Andrew Rudenstein); 4. Introduction to Commercial Mortgage-Backed Securities Market (Joseph DeMichele and William Adams); 5. An Investor's Framework for Modeling CMBS (Richard C. Trepp and James Savitsky); 6. Structural Consideration Impacting CMBS (John Dunlevy); 7. How CMBS Structuring Impacts the Performance of the Bond Classes (David Jacob and Lynn Tong); 8. Understanding Prepayments in CMBS Deals (Da Cheng, Adrian Cooper, and Jason Huang); 9. Investing in Subordinate CMBS Bonds (Jojy Vanisa Mathews and Elazar Katz); 10. CMBS: Developing Risk Management for a New Asset Class (Margaret Reilly and Bennett Golub); 11. Evaluating the Risk of Commercial Mortgage-Backed Securities (George Pappadopoulos and Jeff Fisher); 12. Rating of Commercial Mortgage-Backed Securities (Joseph Fransetti); 13. Assessing Credit Risk of CMBS (Patrick Corcoran and Tony Kao); 14. Credit-Driven Prepayment and Default Analysis (Michael Ervolini, Harold Haig, and Michael Megiola); 15. Understanding and Managing the Balloon Risk of Commercial Mortgages in CMBS (David Jacob and Peter Fastovsky); 16. A Framework for Risk and Relative Value Analysis of CMBS: Theory (David Jacob, Galia Gichon, Dan Lee, and Lynn Tong); 17. A Framework for Risk and Relative Value Analysis of CMBS: Practice (David Jacob and Galia Gichon); 18. An Option-Based Approach to Valuing Default and Prepayment Risk in CMBS (David Jacob, Ted Hong, and Laurence Lee); 19. A Monte Carlo Default Pricing Model for CMBS (George Pappadopoulos); 20. An Investor's Perspective on Commercial Mortgage-Backed Coupon Strips (Keith Gollenberg); 21. High Yield CMBS (David Jacob and Galia Gichon); 22. The Role of the Trustee (Steven Davis, Karen Cook and Jim Della Salla); 23. Performing Financial Due Diligence Associated with Commercial Mortgage Securitizations (David Baranick and Shahid Quraishi); 24. Generally Accepted Accounting Principles for Issuers of and Investors in CMBS (David Baranick and Richard Bennett); 25. Federal Income Taxation of REMICs and CMBS (Joseph Ferst and Milton Miyashiro) 501 Pages |
   Check out some of our other sites |