QUESTION 16 Consider an MPT with the following characteristics: Number of mortgages in the pool: 50 All 50 mortgages are fully amortizing 15 year FRM with yearly payments All mortgages have a 5% interest rate Average mortgage balance: $400,000 Prepayment rate is CPR = 5% Servicing fee taken off the initial pool balance in every period is 0.5% a) What is the regularly scheduled payment in year 1? QUESTION 17 Multi-part question. Please refer to characteristics above from Question 16. b) How much of the scheduled payment received is attributable to interest in year 1? QUESTION 18 Multi-part question. Please refer to characteristics above from Question 16. c) How much of the scheduled payment received is attributable to principal in year 1? QUESTION 19 Multi-part question. Please refer to characteristics above from Question 16. d) What is the dollar amount of the prepayment in year 1? QUESTION 16 Consider an MPT with the following characteristics: Number of mortgages in the pool: 50 All 50 mortgages are fully amortizing 15 year FRM with yearly payments All mortgages have a 5% interest rate Average mortgage balance: $400,000 Prepayment rate is CPR = 5% Servicing fee taken off the initial pool balance in every period is 0.5% a) What is the regularly scheduled payment in year 1? QUESTION 17 Multi-part question. Please refer to characteristics above from Question 16. b) How much of the scheduled payment received is attributable to interest in year 1? QUESTION 18 Multi-part question. Please refer to characteristics above from Question 16. c) How much of the scheduled payment received is attributable to principal in year 1? QUESTION 19 Multi-part question. Please refer to characteristics above from Question 16. d) What is the dollar amount of the prepayment in year 1