Real Estate Finance and Mortgage Markets (3)
Course Level: Graduate
This course explores real estate finance and quantitative methods that are used in the valuation of real estate. Students develop an understanding of real estate financing and valuation as well as related topics such as underwriting, risk analysis, and financial leverage. In addition, students learn about the mortgage market including a review of the government-sponsored enterprises (GSEs) including Fannie Mae and Freddie Mac, and the securitization process for residential and commercial mortgages. The course also includes analysis of both residential and commercial real estate markets.