Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This question is hard.. two parts.. thanks for the help QUESTION 3 Given the following information of the mortgage pool that backs a MPT, what

image text in transcribed

This question is hard.. two parts.. thanks for the help

QUESTION 3 Given the following information of the mortgage pool that backs a MPT, what is the regular scheduled payment in month 1 of the security? Use WAC as the mortgage rate and WAM as the number of periods for your calculations. Round your final answer to two decimals. 30 year FRM, fully amortizing, monthly payments Loans seasoned for 3 months before entering pool WAM: 357 WAC: 4% . Servicer Guarantee fee: 0.55% Starting pool balance: 250,342,967 . Prepayment assumption: 75% PSA Given the following information of the mortgage pool that backs a MPT (same as Question 3), what is the dollar amount of prepayment in month 1 of the security? Remember PSA is calculated based of month of the mortgage, not the security. Round your final answer to two decimals. 30 year FRM, fully amortizing, monthly payments Loans seasoned for 3 months before entering podl WAM: 357 . WAC: 4% . Servicer:Guarantee fee: 0.55% Starting pool balance: 250,342,967 . Prepayment assumption: 75% PSA QUESTION 3 Given the following information of the mortgage pool that backs a MPT, what is the regular scheduled payment in month 1 of the security? Use WAC as the mortgage rate and WAM as the number of periods for your calculations. Round your final answer to two decimals. 30 year FRM, fully amortizing, monthly payments Loans seasoned for 3 months before entering pool WAM: 357 WAC: 4% . Servicer Guarantee fee: 0.55% Starting pool balance: 250,342,967 . Prepayment assumption: 75% PSA Given the following information of the mortgage pool that backs a MPT (same as Question 3), what is the dollar amount of prepayment in month 1 of the security? Remember PSA is calculated based of month of the mortgage, not the security. Round your final answer to two decimals. 30 year FRM, fully amortizing, monthly payments Loans seasoned for 3 months before entering podl WAM: 357 . WAC: 4% . Servicer:Guarantee fee: 0.55% Starting pool balance: 250,342,967 . Prepayment assumption: 75% PSA

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

Step: 3

blur-text-image

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

Technical Analysis Of Stock Trends

Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti

9th Edition

0814408648, 978-0814408643

More Books

Students also viewed these Finance questions

Question

Th ey told me Id have to write a lett er. Whos got time for that?

Answered: 1 week ago