Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
edX’s Mortgage-Backed Securities (MBS): Part II programme is part 2 of the MBS Professional program developed by the New York Institute of Finance (NYIF). During the four-week duration of this course, you will learn the main differences between agency and non-agency collateralised Mortgage Obligations (CMOs). Plus, you will explore the purpose and structure for creating Platinum (GNMA), Megas (FNMA), and Giants securities (FHLMC).
With the help of the Mortgage-Backed Securities (MBS): Part II online course, you will also study the important characteristics of the general kinds of tranches in agency CMOs. These include Targeted Amortisation Class (TAC) tranches, Planned Amortisation Class (PAC) tranches, and Z (accrual) bond tranches.
The Mortgage-Backed Securities (MBS): Part II syllabus also includes concepts such as Hybrids (Hybrid Adjustable Rate Mortgages) and ARMs (Adjustable Rate Mortgages). You will also learn the methods of contrasting prepayment risk and credit risk. Moreover, the standard amount of credit enhancements for various kinds of collateral will be discussed. One can find 2 tracks while trying to enroll and getting into these will help the candidates to complete the programme. One is the audit track which only gives a limited period for enrolment whereas the other one is called the verified track and it offers unlimited time for finishing off the course.
The Highlights
- Economics and Finance course
- An offering of NYIF
- 4-weeks programme
- Online course
- Self-paced learning
- Video lectures in English
- Intermediate-level course
- Paid access
Programme Offerings
- Comprehensive curriculum
- Digital learning platform
- 4-weeks training
- An offering of NYIF
- video lectures
- industry expert instructor
- Video transcript in English
- Self-directed learning
Courses and Certificate Fees
| Certificate Availability |
|---|
| no |
Eligibility Criteria
To join the Mortgage-Backed Securities (MBS): Part II online training, you must have completed part 1 of NYIF’s MBS professional course available on edX.
What you will learn
By the time you complete the Mortgage-Backed Securities (MBS): Part II course, you should be able to explicate:
- Non-agency and agency CMOs
- Terms, features, and types of TBA trades
- Characteristics of Hybrids and ARMs
- Bond tranches
- Agency securitisations
- Dollar rolls, multifamily mortgages, and commercial MBS
Admission Details
The Mortgage-Backed Securities (MBS): Part II programme by edX is currently archived and closed for enrolment. However, you can check the course page and check if future dates are announced.
The Syllabus
Instructors
New York Institute of Finance, New York Frequently Asked Questions (FAQ's)
You must have completed the Mortgage-Backed Securities (MBS): Part 1 course on edX.
The course is brought to you by edX and accredited by the New York Institute of Finance (NYIF), US.
Douglas Carroll of NYIF is the instructor for this online programme.
You can apply for a refund for the Mortgage-Backed Securities (MBS): Part II fee within 14 days after paying the fee. Also, the refund eligibility window is open 14 days after the course begins.