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Below is a cash flow projection on a sequential-pay CMO, which has four tranches, A through D. Assume the four tranches get paid in the

Below is a cash flow projection on a sequential-pay CMO, which has four tranches, A through D. Assume the four tranches get paid in the order of A->B->C->D. In this month tranche A has an outstanding balance of 72,000 and B has an outstanding balance of 47,000. What is the principal payment towards tranche B in this month?

month beginning balance scheduled principal payment Prepayment Interest to MBS investors
92 $555,000 24,000 18,000 43,000

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