What are the conditional prepayment rates for seasoned 50 PSA, 200 PSA, and 400 PSA mortgages if
Question:
What are the conditional prepayment rates for seasoned 50 PSA, 200 PSA, and 400 PSA mortgages if the 100 PSA benchmark is 3 percent per year? How do you interpret these numbers?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
For a seasoned 100 PSA mortgage the CPR is 3 percent per year PSA 5...View the full answer
Answered By
Saima Jan
Tutoring experience can be a rewarding and fulfilling way to share our knowledge and help others learn. Whether we have experience tutoring in a specific subject area or with students of different ages and backgrounds, I have developed valuable skills and expertise that can benefit your students.
As a tutor, I have experience working one-on-one with students, which allows me to personalize my approach and adapt to each student's unique needs and learning style. I have developed strategies for breaking down complex concepts, explaining difficult material in understandable terms, and helping students overcome challenges.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Question Posted:
Students also viewed these Business questions
-
What is the conditional prepayment rate if the single monthly mortality is .493 percent?
-
What is the conditional prepayment rate if the single monthly mortality is 0.426 percent?
-
What is the single monthly mortality assuming the conditional prepayment rate is 7 percent?
-
A bartender employed in a licensed establishment over-serves a patron. As a result of the over-service, the patron physically assaults another patron by striking him with a beer bottle. Identify and...
-
What is a gravitational field, and how can its strength be measured?
-
a. Create a class named Circle with fields named radius, diameter, and area. Include a constructor that sets the radius to 1 and calculates the other two values. Also include methods named...
-
Corporate Governance. Who is responsible for the implementation of corporate governance within a firm? What are the main functions of corporate governance? What does it entail?
-
At December 1, 2014, Imalda Inc. reported the following information on its statement of financial position: Trade receivables ................. $ 154,000 Allowance for doubtful accounts...
-
Aguirre Company issues 500 shares of its $5 par value common stock having a market value of $25 per share and 750 shares of its $15 par value preferred stock having a market value of $20 per share...
-
Yelman Company is a monthly depositor whose tax liability for June 2013 is $3,930. 1. What is the due date for the deposit of these taxes? 2. Assume that no deposit was made until August 5. Compute...
-
Mr. Blanda tells Mr. Houston to recalculate the SMM for Pool 3 based on 200 PSA rather than the current 100 PSA. The revised SMM is closest toa. 0.36 percentb. 0.55 percentc. 0.97 percent Mark...
-
Explain in general terms how a protected amortization class (or PAC) CMO works.
-
Rob Wriggle operates a small plumbing supplies business as a sole proprietor. In 2020, the plumbing business has gross business income of $421,000 and business expenses of $267,000, including wages...
-
Describe the relevant population and sampling unit for testing in order to fulfill the following audit objectives: a. To determine whether all purchases are properly authorized; controls require...
-
Two events are _______________ if the occurrence of one does not affect the probability that the other event occurs. In Exercises 710, fill in each blank with the appropriate word or phrase.
-
What types of sampling approaches are commonly used in compliance testing? In substantive testing? Describe the circumstances in which each approach is likely to be preferred.
-
You are an internal auditor for a retail operation with 250 similar stores located across the United States. What special problems are likely to arise in designing a sampling plan?
-
Multiple-stage sampling is a term sometimes applied to stop-or-go sampling and more often related to a layered approach to sampling. Describe the types of settings in which multiple-stage sampling is...
-
A. Should Penny close her resort in the fourth quarter and take her family on holiday? Explain why. B. Should Penny close her resort in the fourth quarter and seek employment as a tour guide? Explain...
-
Identify Thank You mission, strategy and core competencies. Identify strategy changes that have taken place at Thank You since its founding in 2008. Your answer must in text references and must be...
-
Consider a 15-year, $210,000 mortgage with a 7 percent interest rate. After 10 years, the borrower (the mortgage issuer) pays it off. How much will the lender receive?
-
The interest component of a monthly payment for a fixedrate mortgage is: a. Highest during the first year of the mortgage. b. Highest during the middle year of the mortgage. c. Highest during the...
-
The difference between net income and operating cash flow is at least partially accounted for by which of the following items? a. Retained earnings b. Cash and cash equivalents c. Depreciation d....
-
P11.34 Overhead variances; journal entries; closing variance accounts: manufacturer LO11.5 Broome Instruments Company manufactures a control valve used in air-conditioning systems. The firm uses a...
-
What are the problems with the ideal CNN model? A. Requirement of a large and labeled image dataset B. Higher computational cost for training deep CNNs C. Lower computational cost for training deep...
-
Pregunta 10 1 pts El ingenio Mujica labora en INHGEOMIN; el contador de la institucin le informa que una mina en explotacin tiene una produccin anual de $600,000 y se calcula que se agotar en cinco...
Study smarter with the SolutionInn App