An agency MBS pool is 46 months old, with an original size of $80m, and has a
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An agency MBS pool is 46 months old, with an original size of $80m, and has a survival factor of 70%. The interest rate of the pool is 5%, and the pool was originally originated with 30-year term mortgages.
- [5 points] What is the current loan balance?
- [5 points]What is the value of current total payments in the pool, assuming no prepayments this month?
- [5 points]: How much are these payments divided into interest and principal repayments?
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Posted Date: