4 ms·
Do you have any books that you'd suggest?
by brockhand 13y ago
Do you have any books that you'd suggest?
- oddthink 13y agoNot really. Lakhbir Hayre's Guide to Mortgage-Backed Securities isn't bad. Fabozzi's MBS book is okay, but a bit of a cut-and-paste job. I don't know of anything that deals with the post-2007 environment. Otherwise, just a combination of statistics (GLM, GAM, NLS, etc.) books, time series books (e.g. Durbin & Koopman, and econometrics books (Greene, etc.)
- brockhand 13y agoThanks! I've been recommended Fabozzi's book before but with the caveat that it was quite dry (one person said that he felt like he now understood what ADD felt like). I'll have to check out Guide to Mortgage-Backed Securities.
- oddthink 13y agoI don't think either of those books is very good, so try to borrow before you buy. The best of a bad bunch is still bad. I never look at Fabozzi's book these days, but I still break out the Guide to MBS for its appendix on mortgage amortization formulas. That's a pretty weak recommendation.