FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5), what is the total cash flow of investors in

image text in transcribed

Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5), 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

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

DeFi And The Future Of Finance

DeFi And The Future Of Finance

Authors: Campbell R. Harvey, Ashwin Ramachandran, Joey Santoro, Vitalik Buterin, Fred Ehrsam

1st Edition

1119836018, 978-1119836018

More Books

Students also viewed these Finance questions

Question

★★★★★
Of the graphs below, choose the one with the line that best satisfies the guidelines on page 128. For each of the other graphs, explain which guidelines the line violates. a. b. c. d.

Answered: 1 week ago

Question

★★★★★
Hardaway earned $137,000 of compensation this year. He also paid (or had paid for him) $7,100 of health insurance (not through an exchange). Ignoring the effects of Social Security and...

Answered: 1 week ago

Question

★★★★★
=+46. The authors of the article cited in Exercise 15 also performed an experiment to see whether the maximum peak to valley profile height (Rmax) is affected by the abrasive size (A), abrasive...

Answered: 1 week ago

Question

★★★★★
The CEO and the CFO of Automation Company were both aware that the companys controller was reporting fraudulent revenues. Upper level executives are paid very large bonuses when the company meets the...

Answered: 1 week ago

Question

★★★★★
Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5), what is the total cash flow of investors in month 1 of this security? Round your final answer to two...

Answered: 1 week ago

Question

★★★★★
Which of the following statements about climate policy is true?When firms have heterogeneous costs of abatement, tradable permits are more efficient than a carbon tax set equal to the social cost of...

Answered: 1 week ago

Question

★★★★★
Power Shade manufactures insulated windows. Their Repairs and Maintenance Cost is a mixed cost and varies most directly with machine hours worked. The following data have been gathered from the most...

Answered: 1 week ago

Question

★★★★★
Driving a bus is a service industry. What skills are required to provide a quality customer experience for passengers

Answered: 1 week ago

Question

★★★★★
How will you handle this following situation , for an office manager: you did\'nt order enough supplies, and your coworkers are upset they dont have the materials they need to finish their job, For a...

Answered: 1 week ago

Question

★★★★★
How will you know when athletes reach the automatic stage? How will the focus of your coaching change in this final stage? Describe how to perform this skill according to the abstracting-rules...

Answered: 1 week ago

Question

★★★★★
African American enslavement did not slowly disappear in 19 th century America. Rather, it went full force until 1860 and 1861, the South seceded from the Union because the election of Abraham...

Answered: 1 week ago

Question

★★★★★
Read the research article by Collinson and Collinson (focus on research 9.1) and discuss which you believe to be the most appropriate of the four different courses of action.

Answered: 1 week ago

Question

★★★★★
Obtain a copy of Honey and Mumfords Learning Style Analysis and identify which grouping indicates your preferred style. Discuss with two of your colleagues how this knowledge will infl uence your...

Answered: 1 week ago

Question

★★★★★
(a) In respect of the Meteor case study, what additional information will Sarah need to enable her to make a balanced judgement on the situation? (b) A meeting has been fi xed between Sarah, June and...

Answered: 1 week ago

Previous Question Next Question