Structured Securities: MBS, ABS and CDOs/CLOs

Price: $995   Register now

Recommended that you register at least two weeks in advance.

Course Features

  • Course date:10/22/2019
  • Course Duration: 1 Day
  • Level: Intermediate
  • Prerequisites: None
  • Method: Live & Virtual
  • Venue: MicroTek
  • Time: 9:00 am – 5:00 pm
  • Dress Code: Business Casual
  • Category:
  • Certificate: Yes
  • CPE Credits: 7
  • Course Code: 804

Structured Securities: MBS, ABS, and CDOs /CLOs

There are over $1.5 trillion of structured securities outstanding in the US and $XX billion of them created every month. They play an important role in the capital markets and in financing the US economy. This class will explain how structured securities work, how they are created, and the role they play in the economy.

Who should attend:

Risk managers, compliance managers, asset managers, operations managers, lenders, and regulators

At the end of the course, participants should be able to:

  • Understand all the classes of structured securities
  • Understand how each class of structured security is created
  • Understand the relationship between structured securities and their underlying assets
  • Understand how the various structured securities handle both cash flows and defaults
  • Understand the role structured securities play in both the capital markets and the US economy

Agenda

  • Overview of Structured Securities
  • Passthrough Securities
    • Mortgage-backed Securities
    • Asset-backed Securities
  • Modification Structures
    • Cash Flow Modification
    • Default Modification
  • Specific Securities Types
    • Agency MBS
    • Conventional MBS
    • Collateralized Mortgage Obligations
    • Collateralized Debt Obligations
    • Collateralized Loan Obligations

Instructor

  • George Bollenbacher spent 20 years as a trader in the fixed income markets at such firms as Paine Webber, Chase Manhattan Bank and Donaldson, Lufkin and Jenrette. Then he spent ten years in the technology industry, at such firms as IBM and Unisys, designing systems for the trading industry. He holds a Patent Achievement Award …
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