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PLEASE ANSWER EACH QUESTION FULLY AND COMPLETELY THANK YOU SO MUCH QUESTION 1 Given the following information on a MPT, what is the anticipated total

PLEASE ANSWER EACH QUESTION FULLY AND COMPLETELY THANK YOU SO MUCH

QUESTION 1

Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2? Round your answer to two decimals. (Note: You can perform this calculation with the spreadsheet or by completing it iteratively)

10 year FRM, fully amortizing, annual payments

10% CPR assumption

100 loans in the pool

Average starting balance of $350,000/loan

Mortgage rate 5%, annual

No servicing/guarantee fees

ANSWER=

QUESTION 2

Given the following information on a MPT, what is the servicing fee in year 3? Round your answer to two decimals. (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%, annual

Servicing fee of 0.5% of the periods starting outstanding pool balance

ANSWER=

QUESTION 4

Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 1 of the security? Remember PSA is calculated based of month of the mortgage, not the security. Round your final answer to two decimals.

30 year FRM, fully amortizing, monthly payments

Loans seasoned for 3 months before entering pool

WAM: 357

WAC: 4%

Servicer/Guarantee fee: 0.55%

Starting pool balance: 250,342,967

Prepayment assumption: 75% PSA

ANSWER=

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