Thursday, January 1, 2009

Basics of Mortgage Backed Securities or Pathways to NonProfit Excellence

Basics of Mortgage-Backed Securities

Author: Joseph C Hu

The purpose of Basics of Mortgage-Backed Securities is to provide readers with a fundamental understanding of mortgage securities as an integral part of investment in fixed-income securities. The second edition of this MBS classic provides the latest information on the U.S. residential mortgage market, adjustable-rate mortgages and mortgage pass-throughs, relative value analyses and performance characteristics.

Dr. James Hu discusses the major changes within the mortgage market that may affect the fundamentals of mortgage securities. Some of these are: the recovery of the REMIC market after its collapse; the flourish of private-label securities; the growth of equity loan-backed securities and its establishment as a member of the fixed-income securities family. Also included are additional historical data for all exhibits. Mortgage pre-payment, dollar rolls, and private-label mortgage-backed securities are also addressed.



Book about: Dietary Reference Intakes or Essential Arms

Pathways to NonProfit Excellence: Achieving and Sustaining High Performing Organizations in the NonProfit Sector

Author: Paul Charles Light

"Under increasing competition from private firms and faith-based organizations, the nonprofit sector's 1.23 million organizations and 11 million employees are facing unprecedented pressure to improve performance. While the sector is awash in ideas for management reform, no one knows which reforms are working and why. As a result, reforms come and go like waves at the seashore, rarely leaving a lasting imprint." "Pathways to Nonprofit Excellence provides data on the impact of recent reform efforts from professionals who have observed them firsthand. Based on interviews with 250 leading thinkers from the worlds of philanthropy, scholarship, and consulting, as well as 250 executive directors of some of the nation's most effective nonprofits, the book illuminates the characteristics of effective organizations." The research reveals that there is no one best way to achieve and sustain strong performance. The professionals interviewed caution nonprofits against pretending to be private firms, governments, or faith-based organizations - even if they behave like them from time to time. In fact, nonprofits must become more nonprofit-like if they are to choose their future.



Table of Contents:
1The Nonprofit Present1
2Imagining a Nonprofit-like Future20
3Views from a Distance38
4Views from the Front Lines70
5Pathways to Excellence115
App. AOpinion Leaders' Survey133
App. BExecutive Directors' Survey156
Notes179
Index183

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