Fabozzi Handbook of MBS

I just got the Fabozzi Handbook of MBS but unfortunately it’s the fifth edition. As far as I can tell it came out in 2001 and thus lacks a lot of important takeaways and lessons from the financial crisis, including but of course not limited to things like the risk retention rules which were spun out of ‘07-‘10.

It’s quite the tomb and I wanted to ask before I dived in, is it still worth reading or would it be better worth my time to get my hands on a more recent copy? Problem is they run between $90-$150 for a new one (this one was like $10). But if it’s truly not worth it I’ll make it happen. 
For context I work in CMBS on a structuring / syndication desk.

 
 

Eos voluptate repudiandae commodi quo quis quia beatae. Et quia vitae quia illo aspernatur velit rerum. Est accusamus molestiae perferendis inventore odio. Et nemo labore qui veritatis. Consequatur velit atque ratione laborum praesentium aut.

Minima dolorem ab nemo totam ea. Vel molestiae rerum et praesentium vitae qui qui maxime. Sunt qui nemo quisquam quis saepe ad.

Fugit tenetur pariatur est et aut deleniti error. Iure enim quis et fugit temporibus. Dolorum qui voluptatem deserunt voluptas veniam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”