i need help 6-2, 6-4, 6-6

Periodic Adjustment Rate Cap Pledged-account mortgage Lohuur merbank Offered ale Price level adjusted mortgage PA Shared appreciation mortgage SA Adjustable-rate mortgage (ARM) Margin Adjustment rate cap Negative amortization Convertible Constant Maturity Treasury (CMT) Indexes (Cost of Funds Index, COFI) Dual Index Mortgage (DIM) Rate cap Flexible loan insurance program (FLIP) Refinancing Frequency of rate change Reverse Mortgage Fully indexed rate Graduated-payment mortgage (GPM) Simulation model Historical replication Teaser rate Index Tilt effect Initial-period discount Interest rate caps stions 6-1. 6-2. 6-3. 6-4. Name two AMIs that solve the maturity mismatch problem of thrifts and explain how they do so. Identify seven common terms that characterize an ARM. What is meant by "pricing" ARM terms? How would a lender change the margin on an ARM (increase or decrease) in response to (a) imposing a 1 percent rate cap on a previously uncapped ARM, (b) granting an initial period discount, and (c) removing a life-of-loan cap? Explain each of your answers. What factors affect the share of newly originated mortgages that are ARMs? 6-5. 6-6. 6-7. 6-8. What are the major shortcomings of the graduated-payment mortgage? Explain how the price level adjusted mortgage compensates the lender for both the real rate of return and the rate of inflation. What are the major shortcomings of the price level adjusted mortgage? How is the amount of the share of property appreciation given to the lender for a SAM loan determined? From the borrower's perspective, what is the major drawback of the pledged account mortgage, or FLIP? 6-9. 6-10