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The Handbook of Commercial MortgageBacked Securities is a cornerstone reference in this emerging sector of the structured finance market. This Second Edition provides updated coverage of the market, the instruments, the tools used to assess these securities, and tax accounting issues.In addition to an overview of the commercial real estate finance and commercial property markets, this book also covers propertymarket framework for bond investors, the role of the servicer, an investor's perspective on commercial mortgagebacked coupon strips, defaults on commercial mortgages, assessing credit risk, an options approach to valuation and risk analysis, legal perspectives on disclosure issues, and federal income taxation.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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