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Consider a negative amortization mortgage for 3 0 years, monthly payments, with a quoted interest rate of 4 % and a market interest rate of
Consider a negative amortization mortgage for years, monthly payments, with a quoted interest rate of and a market interest rate of explain the cash flows from and to the lender from zero months to how does the risk of this negative amortization mortgage compared to the risk of a fully amortizing mortgage for the same loan, loan term, and payment frequency per year at the market interest rate
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