Analyze Mortgage-Backed Securities and Credit Risk

By the end of this course, learners will be able to explain the structure and functioning of mortgage-backed securities, analyze the securitization process, differentiate between MBS and asset-backed securities, and evaluate the role of MBS in the global credit crisis. This course provides a comprehensive and practical introduction to Mortgage-Backed Securities (MBS), designed for learners seeking a clear understanding of structured finance and credit risk. Learners will explore how mortgages are pooled, securitized, and transformed into tradable investment instruments, while also examining the benefits and risks associated with these products. Through a structured, step-by-step approach, the course connects foundational concepts with real-world applications. What makes this course unique is its strong integration of theory with historical context. Rather than treating the credit crisis as a separate topic, the course uses it as a practical case study to demonstrate how mispricing, weak underwriting, and flawed risk assessment in MBS markets can impact the global financial system. By completing this course, learners will gain market-relevant knowledge that supports careers in finance, banking, investment analysis, and risk management, while developing analytical skills aligned with industry and exam standards

• Explain structure and securitization process of mortgage-backed securities
• Differentiate MBS from asset-backed securities and assess associated risks and benefits
• Evaluate the role of MBS in the global credit crisis

• Basic computer and internet skills
• Ability to read course instructions in English and complete short practice activities