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Question 21 UNT Bank originated a pool of containing 100 three-year fixed-rate mortgages with loan amount of $200,000 each. All mortgages in the pool carry

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Question 21 UNT Bank originated a pool of containing 100 three-year fixed-rate mortgages with loan amount of $200,000 each. All mortgages in the pool carry a rate of 6.5% with annual payments. The guarantee and servicing fee is 1%. UNT Bank would like to sell the pool to investors via Mortgage Pass Through (MPT) security. Suppose that 150,000 shares will be issued. What is the cash flows to each share of the security for year one? 550.12 54943 $48.01 $4901 Previous Next

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