Gary Horbacz, Principal and Head of CMBS Credit Research, shares why CMBS Interest Only Securities are one of his favorite trades. This video is accompanied by a two-part white paper co-authored by Jason Pan, Analyst on the Structured Product team, which seeks to remove the mystery from the asset class by explaining the genesis of the securities and describing the structure, total return potential, and sources of risk that need to be considered when purchasing these bonds. (March 2, 2016) Read disclosure
