Bond Investment Mentor

Mortgage Securities: Prepayment Risk


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Welcome to Bond Investment Mentor! This is a podcast dedicated to helping community financial institutions master the art of fixed income investments.  

In this episode:

  • Review of Economic & Finance News
    • May retail sales
    • Fed Chair Powell's Capitol Hill appearances
    • Weekly jobless claims
  • Does Anyone Invest in Treasuries Anymore?
  • MSRB Weekly COVID-19 Disclosure Summary 
    • Link to Summary & Disclosure Spreadsheet
  • MBS Prepayment & Prepayment Risk
    • Review: What is prepayment?
    • Voluntary vs. involuntary prepayment
    • What is prepayment risk?
    • Why is prepayment risk important?
    • Measuring prepayment
      • CPR
      • CPB
      • PSA
    • Bloomberg yield tables
      • YT
      • YTR
      • YTH
      • YT BAM
    • Managing prepayment risk
      • What you do and don't control
      • New (TBA) vs. alternative MBS types
      • Collateral analysis
    • What is extension risk?

If you have questions about anything covered in this episode, please email me at Chris @ BondInvestmentMentor.com.

Do you know someone who could benefit from this information?  Please share this episode and podcast with them!

You will find more articles, tips and resources about fixed income investing and portfolio management at BondInvestmentMentor.com.  Check it out!

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LinkedIn:  Christopher Nelson, CFA
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Bond Investment MentorBy Chris Nelson, CFA

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