Question 24 UNT Bank originated a pool of containing 100 three-year hxed 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. Assume that there is 5% default and no prepayment from the borrowers, find the cash flows to each share of the security for year two $18.01 54583 $4312 54711 Question 24 UNT Bank originated a pool of containing 100 three-year hxed 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. Assume that there is 5% default and no prepayment from the borrowers, find the cash flows to each share of the security for year two $18.01 54583 $4312 54711