Prerequisite(s): FINC 300, REAL 204 or ECON 224. This course consists of topics pertaining to mortgage and fixed income markets and analysis. With respect to mortgage markets this course covers how banks, insurance companies, pension funds and individual investors assess risk, value, and invest in mortgages. The course then covers how these entities interact with bond markets by introducing mortgage backed securities (MBS), commercial mortgage backed securities (CMBS), corporate, municipal and other fixed income products. These concepts are tied together via a final project involving the creation of a mortgage/fixed income investment portfolio.