A workshop on mortgage-backed securities and collateralized mortgage obligations, structures and pricing, disclosure and regulation. Some of the specific topics that will be covered are:

• INTERNATIONAL TRENDS IN MORTGAGE SECURITIZATION

   Comparing International Models

   Different Mortgage Securitization Instruments (pros, cons, and requirements)

   The Sub-Prime CDO-SIV Crisis

   Reassessing the Role of Government in MBS Markets

• COSTS AND PRICING ISSUES FOR ORIGINATOR/SELLER

   Key steps/costs of the Securitization process

   Credit Enhancement Mechanisms

   Role of Ratings and Rating Agencies

• INVESTMENT FEATURES OF MORTGAGE SECURITIZATION

   MBS Cashflow Cconcepts and Valuation (mortgage pools and securities)

   Prepayment Analysis and Yield Measurements

• LEGAL ISSUES AND LEGAL STRUCTURES

   Legal Requirements to Securitize Mortgages

   Analysis of Alternative Securitization Models

   Legal steps to complete a Securitization

   International cases of Various Structured Finance Assets

• REGULATORY ISSUES

   Risks Mitigation, Disclosure, Oversight, and Enforcement

   Functions and Organization of the regulatory body

• DISCLOSURE TO INVESTORS

   Transparency

   Investors' Protection and Education