Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

11. On October 1, 2005, Fannie Mae issued a mortgage pass-through security, and the prospectus supplement stated the following: FANNIE MAE* MORTGAGE-BACKED SECURITIES PROGRAM

image text in transcribed

11. On October 1, 2005, Fannie Mae issued a mortgage pass-through security, and the prospectus supplement stated the following: FANNIE MAE* MORTGAGE-BACKED SECURITIES PROGRAM SUPPLEMENT TO PROSPECTUS DATED JULY 01, 2004 $464,927,576.0 ISSUE DATE OCTOBER 01, 2005 SECURITY DESCRIPTION FNMS 05.0000 CL-844801 5.0000 PERCENT PASS-THROUGH RATE FANNIE MAE POOL NUMBER CL-844801 CUSIP 31407YRW1 PRINCIPAL AND INTEREST PAYABLE ON THE 25TH OF EACH MONTH BEGINNING NOVEMBER 25, 2005 SELLER SERVICER POOL STATISTICS WELLS FARGO BANK, N.A. WELLS FARGO BANK, N.A. NUMBER OF MORTGAGE LOANS AVERAGE LOAN SIZE MATURITY DATE WEIGHTED AVERAGE COUPON RATE WEIGHTED AVERAGE LOAN AGE WEIGHTED AVERAGE LOAN TERM WEIGHTED AVERAGE REMAINING MATURITY WEIGHTED AVERAGE LTV WEIGHTED AVERAGE CREDIT SCORE 1,986 $234,312.06 10/01/2035 5.7500% 1 mo 360 mo 359 mo 73% 729

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Comparative international accounting

Authors: Christopher nobes, Robert parker

9th Edition

273703579, 978-0273703570

Students also viewed these Finance questions