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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
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... 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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