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

by Preinitz, William

• ISBN13: 9780470398128
• ISBN10: 0470398124
• Edition: 1st
• Format: Hardcover
• Copyright: 2009-02-09
• Publisher: Wiley

Summary

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) Is Modeling an Art or Science?; (3) Securitizing an SBA Loan; (4) Designing the Cash Flow Waterfall; (5) Designing the VBA Model; (6) Laying the Model Groundwork; (7) First Look at the VBA Language: Recorded Macros; (8) Writing Menus: An Introduction to Data, Ranges, and Objects; (9) Controlling the Model Flow; (10) Building Messaging Capabilities; (11) Designing the Model's Reports; (12) Writing the Main Program; (13) Writing the Collateral Selection Code; (14) Calculating the Collateral Cash Flows; (15) Calculating the Waterfall Results; (16) Debugging the Model; (17) Validation of the Initial Results; (18) Running the Model; (19) Building in Additional Capabilities; (20) Documentation of the Model; (21) Managing the Growth of the Model

Author Biography

William Preinitz is a Managing Director with Citigroup Global Markets' Global Special Situations Group. He oversees new business origination-structured finance issuance, serv-icing operations, rating agency relationships, credit wrap providers, investors, analytical development, internal risk control, audit activities, hedging, and residual arbitrage activities.

Table of Contents

Preface

About The Website

Introduction

Why? What? Who? Where? and How?

Common Sense

Securitizing A Loan Portfolio

Designing the Model

Understanding the Excel Waterfall

Designing the VBA Model

Learning the VBA Language

Laying the Model Groundwork

Recorded Macros: A First Look at the VBA Language

Writing Menus: An Introduction to Data, Ranges, Arrays, and Objects

Controlling the Flow of the Model

Building Messaging Capabilities

Designing the Model's Reports

Writing the Model

Main Program and Menus

Writing the Collateral Selection Code

Calculating the Cash Flows

Running the Waterfall: Producing Initial Results

Debugging the Model

Testing, Use, and Deployment

Validating the Model

Running the Model

Building Additional Capabilities

After the Model Is Written

Documentation of the Model

Managing the Growth of the Model

Parting Admonitions

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.