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if this 200 loan are pooled to create a mpt, what is the starting pool balance in dollars? the answer for this is 31,500,000 now
if this 200 loan are pooled to create a mpt, what is the starting pool balance in dollars? the answer for this is 31,500,000
now im trying to figure out the rest for question number 4. thanks
Now imagine that these loans whose origination values are listed above are seasoned for 6 months before creating a MPT. What is the starting pool balance? Assume that all loans are fixed rate., fully amortizing and make monthly payments. Additionally, assume that in the time period between origination and securitization every borrower makes exactly their scheduled payment (no prepayments, no defaults). Express your answer in dollars rounded to the nearest cent, if necessaryStep by Step Solution
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