Question: Explain the underlying principle for a yield maintenance charge
Explain the underlying principle for a yield maintenance charge.
Answer to relevant QuestionsWhat types of prepayment protection provisions result in a prepayment premium being paid if a borrower prepays? What are the major differences in structuring CMBS and RMBS transactions? How do optional call provisions in a securitization differ from that of a call provision in a standard corporate bond? How does a CDO differ from an ABS transaction? What are the advantages of pooled investment vehicles relative to the direct purchase of fixed-income assets?
Post your question