Consider a primary mortgage market lender who has just now orginated 100 30-year, monthly payment loans for $300000 each at 5.25% interest with each borrower paying 1 point at origination. The lender wishes to sell the pool of mortgage as a mortgage pass throght security (MPTS). Investors are demanding a 4.875% yield on the MPTS backed by the pool. A serving firm willing to service the loan in the pool for 0.5% annuallly( paid monthly) and the pool is expected to repay based on the 100% PSA prepayment model. What is the market vaule of the pool?Consider a primary mortgage market lender who has just now orginated 100 30-year, monthly payment loans for $300000 each at 5.25% interest with each borrower paying 1 point at origination. The lender wishes to sell the pool of mortgage as a mortgage pass throght security (MPTS). Investors are demanding a 4.875% yield on the MPTS backed by the pool. A serving firm willing to service the loan in the pool for 0.5% annuallly( paid monthly) and the pool is expected to repay based on the 100% PSA prepayment model.

What is the market vaule of the pool?

What gross amount would the mortage company receive from the orgination of the loans and the sale of the MPTS if the expected prepayment was forecast using a 200% PSA prepayment module?