- Schedule of Classes - February 20, 2020 7:14PM EST
- Course Catalog - February 20, 2020 7:15PM EST
Course information provided by the Courses of Study 2019-2020.
This course analyzes the structure of mortgage- and other asset-backed securities, as well as the participants in their creation, distribution, trading and regulation. The financial and legal characteristics of the underlying assets will be considered, including a basic understanding of the asset cash flows, and factors that vary those flows. Securities and Tax Law aspects of the creation, marketing and trading of these securities will be reviewed, with particular emphasis on the REMIC structure. There will be review of the secondary markets, including Government-sponsored Enterprises and "Private Label" securities issuers; the credit rating agencies; and private mortgage insurers. Lastly, there will be consideration of the laws currently governing the GSEs and what future changes they and the broader market might anticipate for those laws.
When Offered Spring.
Permission Note Limited enrollment.
Prerequisites/Corequisites Prerequisite: LAW 6131
Satisfies Requirement Fulfills the writing requirement.
Regular Academic Session.
Credits and Grading Basis
3 Credits Stdnt Opt(Letter or S/U grades)
Class Number & Section Details
- MMyron Taylor Hall 186
- Jan 21 - Apr 27, 2020
Department Consent Required (Add)
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