Salomon smith barney guide to mortgage backed and asset backed securities wiley finance editions hayre lakhbir isbn 9780471385875 kostenloser versand fur alle bucher mit versand und verkauf duch amazon. The book brings together recent research conducted by analysts at salomon smith barney ssb which as salomon brothers played a pioneering role in creating the sec ondary mortgage market in the late 1970s and early 1980s and which re mains the largest trader in the market what are mortgage and asset backed securities. Mortgage backed and asset backed securities are fixed income securities like bonds which derive their return from an underlying mortgage or basket of mortgages or an asset or basket of assets this market has increased from about 100 billion in 1980 to over 25 trillion today filling the void for a new book on fixed income salomon smith barney guide to mortgage backed and asset backed . This market has increased from about 100 billion in 1980 to over 25 trillion today filling the void for a new book on fixed income salomon smith barney guide to mortgage backed and asset backed securities provides a coherent and comprehensive approach to the subject. Lakhbir hayre has created a comprehensive and authoritative reference guide for the asset backed and mortgage backed securities markets in compiling this book hayre drew on the expertise of abs and mbs specialists from salomon smith barney which was a pioneer in the development of these markets and still trades the largest volume of the securities