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QUESTION 8 Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 32? Round

QUESTION 8

Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 32? Round your final answer to two decimals.

30 year FRM, fully amortizing, monthly payments (Answer is NOT 53261706.19)

WAC: 5%

Servicer/Guarantee fee: 0.5%

Prepayment assumption: 300% PSA

Loans were not seasoned before entering the pool

MBS has been active for a few years in collecting payments from borrowers and making payments to investors

Starting pool balance at month 32: $52, 234, 988

QUESTION 9

Given the following information of the mortgage pool that backs a MPT (same as Question 8), what is the starting pool balance for month 33 of this security? Round your final answer to two decimals (Hint: N=360 when t=1, N=359 when t=2, N=358 when t=3 ...). (Answer is NOT 52010696)

30 year FRM, fully amortizing, monthly payments

WAC: 5%

Servicer/Guarantee fee: 0.5%

Prepayment assumption: 300% PSA

Loans were not seasoned before entering the pool

MBS has been active for a few years in collecting payments from borrowers and making payments to investors

Starting pool balance at month 32: $52, 234, 988

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