QUESTION 8

1. 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. (Write the exact answer and answer is NOT 53261706.2)

   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