Question
6. Given the following information of the mortgage pool that backs a MPT, what is the total cash flow of investors in month 1 of
6. Given the following information of the mortgage pool that backs a MPT, what is the total cash flow of investors in month 1 of this security? Round your final answer to two decimals.
30 year FRM, fully amortizing, monthly payments
Loans seasoned for 3 months before entering pool
WAM: 357
WAC: 4%
Servicer/Guarantee fee: 0.55%
Starting pool balance: 250,342,967
Prepayment assumption: 75% PSA
7. Given the following information of the mortgage pool that backs a MPT, what is the month 1 ending/month 2 starting pool balance for this security? Round your final answer to two decimals.
30 year FRM, fully amortizing, monthly payments
Loans seasoned for 3 months before entering pool
WAM: 357
WAC: 4%
Servicer/Guarantee fee: 0.55%
Starting pool balance: 250,342,967
Prepayment assumption: 75% PSA
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrod Harford, David Stangeland, Andras Marosi
3rd Canadian Edition
0135418178, 978-0135418178
