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?
A. |
Lower |
|
B. |
Much Higher |
|
C. |
Same |
|
D. |
Slightly Higher |
|
E. |
Can not be determined with information given |
3 points
QUESTION 10
Celeste is looking to buy a home for $400,000. The bank is offering her a 30 year fied rate mortgage at a 4.25% interest rate with 0.8 LTV. If Celeste accepts these conditions, what will be her monthly mortgage payments?
$13,600.00 |
||
$ 1,770.98 |
||
$1,574.21 |
||
$11,262.23 |
||
$1,967.76 |
Get Answers For Free
Most questions answered within 1 hours.