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 3,4,5,6 ), what is the month 1 endingimonth 2 starting

image text in transcribed
Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5,6 ), what is the month 1 endingimonth 2 starting pool halance for this security? Round your final answer to two decimals: - 30 year FRM. fully amortizing, monthly paymients - Loans seasoned for 3 months before entering pool - WAM: 357 - WACi 4% - Servicet/Guarantee fee: 0.55% - Starting pool balance 250,342,967 - Prepayment assumeptiont 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

Empirical Finance

Empirical Finance

Authors: Sardar M. N. Islam, Sethapong Watanapalachaikul

1st Edition

3790815519, 978-3790815511

More Books

Students also viewed these Finance questions

Question

★★★★★
What is classification shifting?

Answered: 1 week ago

Question

★★★★★
1 . 1 What is an application portfolio? List and briefly describe the four main types of systems typically included in an application portfolio. ( 5 )

Answered: 1 week ago

Question

★★★★★
3. What is my goal?

Answered: 1 week ago

Question

★★★★★
General Disclosures; Inventories; Property, Plant, and Equipment Koch Corporation is in the process of preparing its annual financial statements for the fiscal year ended April 30, 2011. Because all...

Answered: 1 week ago

Question

★★★★★
Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5,6 ), what is the month 1 endingimonth 2 starting pool halance for this security? Round your final answer...

Answered: 1 week ago

Question

★★★★★
When you first run a query in Design view, Access will automatically save it using the name of the first table that you added. True False

Answered: 1 week ago

Question

★★★★★
AP Microeconomics Practice: Investigate Shifts in Factor Demand Curves Full Name: (print clearly) User Name: Date: Page 1 of 1 1. Jenny runs a birdhouse manufacturing company. The number of...

Answered: 1 week ago

Question

★★★★★
Elena recently filed a discrimination claim against one of the community's maintenance staff. The head of the maintenance department is furious and "accidentally" leaves Elena's gate open when he...

Answered: 1 week ago

Question

★★★★★
In a company with different business units, individual managers make decisions by changing various assumptions of its budget in order to determine how the modifications would affect the operational...

Answered: 1 week ago

Question

★★★★★
12.) Draw a density curve and use the calculator to determine the probability. Write the calculator function. A large freight elevator can transport a maximum of 9800 pounds. Suppose a load of cargo...

Answered: 1 week ago

Question

★★★★★
5. A very successful gaming PC company has been enjoying 500% annual revenue growth lately. During an interview with a business magazine, the reporter asks the VP of Logistics whether the tremendous...

Answered: 1 week ago

Question

★★★★★
5. Which strategic training and development initiatives do you think all companies should support in todays economic climate? Why?

Answered: 1 week ago

Question

★★★★★
4. Shering-Plough HealthCare Products Inc. decided several years ago to expand its product line by developing pocket-size sticks and sprays of Coppertone sunblocks, previously only available as...

Answered: 1 week ago

Question

★★★★★
6. Are any of the strategic training and development initiatives more important for small business? Explain.

Answered: 1 week ago

Previous Question Next Question