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Understand the different types of Mortgage Backed Securities

Professional Certificate in
Mortgage Backed Securities (MBS)

What you will learn

  • Structural features and their impact on valuation and analysis of MBS
  • Describe the structural features and cash flow characteristics of pass-through securities
  • Recognize the impact of prepayment rates in the analysis and valuation of MBS
  • Explain the basic features of agency and non-agency CMOs as well as important types of tranches (sequential pay, Planned AmortizationClass, accrual/z-bond, etc)
  • Describe the basic elements of TBA (To Be Announced) trades and dollar rolls
Expert instruction
3 skill-building courses
Progress at your own speed
3 months
0 - 2 hours per week
For the full program experience

Courses in this program

  1. NYIF's Mortgage Backed Securities (MBS) Professional Certificate

Meet your instructor
from New York Institute of Finance (NYIF)

Douglas Carroll
New York Institute of Finance

Experts from NYIF committed to teaching online learning

Program endorsements

NYIF is great option for those looking to learn more about specific finance related topics that you just won't get in undergrad or grad school. I took the course on Mortgage Backed Securities (MBS) and I can tell you first hand, this is something they just don't teach about in great detail in college. Appreciated the chance to learn from someone with real world experience and along side other colleagues working in the industry. Have referred back to my course materials on numerous occasions since for reference.

Ryan Bilsky , Previous Student

Also in Economics & Finance at edX


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