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Q1. Define and elaborate the five important quantities or measures that are important to mortgage loan analytics. Write your answer in 1-2 pages. 1) Loan

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Q1. Define and elaborate the five important quantities or measures that are important to mortgage loan analytics. Write your answer in 1-2 pages. 1) Loan Payment 2) Loan Balance (at any time in the life of the loan) 3) Lender's yield 4) Effective borrowing cost 5) Present Value Q1. Define and elaborate the five important quantities or measures that are important to mortgage loan analytics. Write your answer in 1-2 pages. 1) Loan Payment 2) Loan Balance (at any time in the life of the loan) 3) Lender's yield 4) Effective borrowing cost 5) Present Value

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