Answer the below questions. (a) What are the WAC and WAM of a pass-through security? (b) After

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Answer the below questions.
(a) What are the WAC and WAM of a pass-through security?
(b) After origination of a mortgage-backed security, the WAM changes. What measures are used by Fannie Mae and Freddie Mac to describe the remaining term to maturity of the loans remaining in the loan pool? Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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