What is the burnout factor? How is it used in modeling prepayment behavior? What other factors may

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What is the burnout factor? How is it used in modeling prepayment behavior? What other factors may be helpful in modeling the prepayment behavior of a given mortgage pool?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Question Posted: Dec 17, 2015 05:15 AM

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What is the burnout effect?
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What is the burnout factor? How is it used in modeling prepayment behavior? What other factors may

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The burnout factor reflects the amount of the mortgage pool t...View the full answer

Financial Institutions Management A Risk Management Approach

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