Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

there is no relation with any other question. it says its similar with other questions mentioned. if you dont know how to answer it, just

image text in transcribed
there is no relation with any other question. it says its similar with other questions mentioned. if you dont know how to answer it, just let someone else do that. stop making irrelevant statements please.
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 . 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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investing In Fixed Income Securities Understanding The Bond Market

Authors: Gary Strumeyer

1st Edition

0471465127, 9780471465126

More Books

Students also viewed these Finance questions

Question

Appreciate important legal implications of performance appraisals

Answered: 1 week ago