Given the following information on a MPT what is the servicing fee payment in year 3? (Round your answer to the nearest dollar) (Note: You can perform this calculation with the spreadsheet or by completing it iteratively.) 10 year FRM, fully amortizing, annual . payments * No prepayment or default 100 loans in the pool . Average starting balance of $350,000/loan Mortgage rate 5% Servicing fee of 0.5% of starting outstanding pool balance