Question

Given the following information of the mortgage pool that backs a MPT, what is the dollar...

Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 32? Round your final answer to two decimals.

• 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

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Given the following information of the mortgage pool that backs a MPT, what is the dollar...
Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 32? ROUND your final answer to two decimals. (ANSWER IS NEITHER 53261706.19 NOR 53261706.2) • 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...
QUESTION 7 Given the following information of the mortgage pool that backs a MPT (same as...
QUESTION 7 Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5,6), what is the month 1 ending/month 2 starting pool balance for this security? Round your final answer to two decimals. (Write the exact answer and answer is NOT 1415133.16) • 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 •...
Given the following information of the mortgage pool that backs a MPT (same as Question 8),...
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...
Given the following information of the mortgage pool that backs a MPT, what is the regular...
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 •...
Given the following information of the mortgage pool that backs a MPT, what is the regular...
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 •...
Given the following information of the mortgage pool that backs a MPT, what is the regular...
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 •...
QUESTION 3 Given the following information of the mortgage pool that backs a MPT, what is...
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. (Write the exact answer and answer is NOT 125516.96) • 30 year FRM, fully amortizing, monthly payments • Loans seasoned for 3 months before entering pool • WAM: 357 • WAC:...
Given a pool of 30 year fully-amortizing FRMs making monthly payments to investors with the following...
Given a pool of 30 year fully-amortizing FRMs making monthly payments to investors with the following characteristics: WAC: 5% Pass-through rate: 4.5% Prepayment assumption: 300 PSA Loans were not seasoned before entering pool This MBS has been active for a few years in collecting payments from borrowers and making payments to investors. It's currently month 32 in the pool. (t=32) Starting pool balance month in month 32: 54,234,988 What is the starting pool balance for month 33 of this security?...
Given the following information on a MPT, what is the anticipated total cash flow available to...
Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2? Round your answer to two decimals. (Note: You can perform this calculation with the spreadsheet or by completing it iteratively) • 10 year FRM, fully amortizing, annual payments • 10% CPR assumption • 100 loans in the pool • Average starting balance of $350,000/loan • Mortgage rate 5%, annual • No servicing/guarantee fees
In MPT calculations, which of the following amounts is not used when calculating Starting Pool Balance...
In MPT calculations, which of the following amounts is not used when calculating Starting Pool Balance in period t + 1 (Starting Pool Balancet+1) A. Starting Pool Balancet B. All answers are not used C. Scheduled Principal Paymentt D. Principal Prepaymentt E. Guarantee / Servicer Fee Paymentt 3 points    QUESTION 9 For a given MPT, using a 75% PSA model of prepayments, what would you expect the prepayment rate in month 35 be in relation prepayment in month 40?...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT