Question

QUESTION 7

1. 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

   • Prepayment assumption: 75% PSA

QUESTION 8

1. 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. (Write the exact answer and answer is NOT 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 payments to investors

   • Starting pool balance at month 32: $52, 234, 988

Answer 1