Mortgage Backed Securities
Why You Should Take This Course


- Discover how prepayments impact returns Mortgage loans are prepayable. Unlike other bonds that have fixed payments, MBS cashflows are dynamic. We will explore both the CPR and PSA prepayment models as analyze how changing prepayment speeds impacts Weighted Average Life, yields, and spreads.
- Speed through Bloomberg Analytics Bloomberg has rich mortgage analytics that are used by Mortgage Traders and Investors daily. From diving into details on collateral pools to running Interest Rate sensitivity analysis on yields and spreads, you will learn how it’s done on Wall Street.
- Master advanced bond math We will demystify complex bond math topics including convexity and option adjusted spread. Develop an intuitive sense of how changing market interest rates will impact a bond’s payout profile and then be able to quickly evaluate whether the bond yield will increase, or decrease based on the new payout profile.
Course Samples
Introduction to Mortgage Backed Securities
Overview of the Mortgage Backed Securities Market
Creation of MBS, TBA Market

Get the Fixed Income Markets Certification
This course can be taken standalone, or as part of the Fixed Income Markets Certification Program. Graduates of the program earn a Wall Street Prep certification that can be shared with potential future employers.
Course Extras
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Taught by bankers
Our instructors are former investment bankers who give lessons real-world context by connecting it to their experience on the desk.
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Earn a Certification
Take this course standalone, or, to earn a shareable certification, as part of Wall Street Prep's Fixed Markets Income Certification Program.
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Used on the Street
This is the same comprehensive course our corporate clients use to prepare their analysts and associates.
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Free Unlimited Access to the WSP Support Center
Receive answers to questions, free downloads, and more from our staff of experienced investment bankers

Earn CPE Credits with WSP Online Courses
The Wall Street Prep Quicklesson Series
7 Free Financial Modeling Lessons
Get instant access to video lessons taught by experienced investment bankers. Learn financial statement modeling, DCF, M&A, LBO, Comps and Excel shortcuts.
