Preinitz, William

A Fast Track To Structured Finance Modeling, Monitoring and Valuation: Jump Start VBA

Preinitz, William - A Fast Track To Structured Finance Modeling, Monitoring and Valuation: Jump Start VBA, ebook


Ebook, PDF with Adobe DRM
ISBN: 9780470446140
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Printing168 pages with an additional page accrued every 5 hours, capped at 168 pages
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This book is designed to start with simple examples that progressively develop the reader's confidence to take on more complex tasks. There is very little theoretical discussion about computer science, operations research algorithms, mathematics, or finance. The thrust of the book is to teach the reader to break complex tasks down into simple tasks. It then looks to implement those simple tasks into VBA code using a critical subset of the features of the language.

The tentative contents is: (1) Why? What? Who? Where? and How? (2) Common Sense (3) Securitizing A Loan Portfolio (4) Understanding the Excel Waterfall (5) Designing the VBA Model (6) Laying the Model Groundwork (7) Recorded Macros: A First Look at the VBA Language (8) Writing Menus: An Introduction to Data, Ranges, Arrays, and Objects (9) Controlling the Flow of the Model (10) Building Messaging Capabilities (11) Designing the Model’s Reports (12) Main Program and Menus (13) Writing the Collateral Selection Code (14) Calculating the Cash Flows (15) Running the Waterfall: Producing Initial Results (16) Debugging the Model (17) Validating the Model (18) Running the Model (19) Building Additional Capabilities (20) Documentation of the Model (21) Managing the Growth of the Model (22) Building Portfolio Monitoring Model (23) Valuation Techniques: How do we Determine Price? (24) Challenging Times For the Deal (25) Parting Admonitions

Keywords: VBA, structured finance modeling, asset-based securitization, financial modeling, Excel VBA, VBA/Excel, advance rate, interest rate sensitivities, appraisal values, asset-backed securities, collateral selection, report templates, average life, back testing, batch processing, bond math, cash flow amortization, cash flow waterfall, concentration risk, compile errors, coupon income, CPR prepayment method, deal expenses, default activity, PSD default methodology, due diligence, deal equity, excess cash flow, final maturity, fixed rate loans, floating rate loans, functions, gross coverage ratio, gross severity of loss, ineligible collateral, interest rate sensitivity, internal rate of return, key-person risk, Macaulay duration, modified duration, market value decline, menu development, menu checking, model design, model evolution, mortgage math, Monte Carlo simulation, note holders, prepayment, prepayment scenarios, principal recoveries, PSA prepayment method, pseudo code, recorded macros, risk assessment, risk premiums, securitization, seller interest, sensitivity analysis,  , sensitivity testing, sizing, structuring models,  , structuring methodology,  , stratification reports, template files, tenor measurements, structuring triggers, clean-up call, validation methodology, VBA debugger, VBA Editor, VBA language, waterfall, yield to maturity ,  

John Wiley and Sons, Inc.
Publication year
Wiley Finance
Page amount
560 pages

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