HADM 4250: 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. Graduate students should enroll in HADM 6250. Co-meets with HADM 6250.

Daniel Lebret (dl255) – Fall 2017
Peng Liu (pl333) – Fall 2017
Peng Liu (pl333) – Fall 2018
Peng Liu (pl333) – Spring 2018
Peng Liu (pl333) – Spring 2019

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.