Question
[The information presented here applies to questions 1, 2, 3 and 4.] You are tasked with determining the cash flows that will be generated by
[The information presented here applies to questions 1, 2, 3 and 4.] You are tasked with determining the cash flows that will be generated by a MPT with a par value of $1,500,000 and 5% coupon rate. If the 30-year fixed-rate mortgages in the pool have a 5.75% note rate, what is the payment that will be made by the borrowers in the first month?
What is the amount of the interest payment received from the MPT in the first month?
What is the amount of the scheduled principal payment (not prepayment) that is received from the MPT in the first month?
If the PSA for the given pass-through is 250, what is the expected prepayment that is received from the MPT in the first month?.
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