1. In MPT calculations, which of the following amounts is not used when calculating Starting Pool Balance in period t + 1 (Starting Pool Balance_t+1)

   	A.	Starting Pool Balancet
   	B.	All answers are not used
   	C.	Scheduled Principal Paymentt
   	D.	Principal Prepaymentt
   	E.	Guarantee / Servicer Fee Paymentt

3 points

QUESTION 9

1. For a given MPT, using a 75% PSA model of prepayments, what would you expect the prepayment rate in month 35 be in relation prepayment in month 40?

   	A.	Lower
   	B.	Much Higher
   	C.	Same
   	D.	Slightly Higher
   	E.	Can not be determined with information given

3 points

QUESTION 10

1. Celeste is looking to buy a home for $400,000. The bank is offering her a 30 year fied rate mortgage at a 4.25% interest rate with 0.8 LTV. If Celeste accepts these conditions, what will be her monthly mortgage payments?

   		$13,600.00
   		$ 1,770.98
   		$1,574.21
   		$11,262.23
   		$1,967.76