278B - Real Estate Securitization: Debt

Faculty: Torous, W.

This class will explore securitization with the goal of providing an understanding of the underlying economic incentives and how securitization is transforming the means by which firms raise capital in today’s financial markets. While approximately ninety percent of the collateral underlying securitization is mortgage related, both residential as well as commercial, securitization is also increasingly affecting financing decisions in a variety of other industries, ranging from insurance to entertainment.  We conclude by considering applications to project finance.

For more information, click here to visit the course homepages.