Consider a MPT created from the r not seasoned before they are securitized. Do not round...
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Consider a MPT created from the r not seasoned before they are securitized. Do not round your answer until the end; then round your answer to 2 decimal places. (For example if pool of loans. If these loans are all fully amortizing FRMs, what is the WAC? Assume the loans are the WAC was seven and a half percent, enter 7.50) Number of Loans 50 100 50 Principal 100,000 250,000 300,000 Rate 4% 4.25% 5% Maturity 360 180 360 (Using the same chart ) Now imagine that these loans whose origination values are listed above are seasoned for 6 months before creating a MPT. What is the starting pool balance? Assume that all loans are fixed rate, fully amortizing and make monthly payments. Additionally, assume that in the time period between origination and securitization every borrower nakes exactly their scheduled payment (no prepayments, no defaults). Express your answer in dollars rounded to the nearest cent, if necessari: calculate balance outstanding on each segment of the pool after making 6 payments.) Page 2 Consider a MPT created from the r not seasoned before they are securitized. Do not round your answer until the end; then round your answer to 2 decimal places. (For example if pool of loans. If these loans are all fully amortizing FRMs, what is the WAC? Assume the loans are the WAC was seven and a half percent, enter 7.50) Number of Loans 50 100 50 Principal 100,000 250,000 300,000 Rate 4% 4.25% 5% Maturity 360 180 360 (Using the same chart ) Now imagine that these loans whose origination values are listed above are seasoned for 6 months before creating a MPT. What is the starting pool balance? Assume that all loans are fixed rate, fully amortizing and make monthly payments. Additionally, assume that in the time period between origination and securitization every borrower nakes exactly their scheduled payment (no prepayments, no defaults). Express your answer in dollars rounded to the nearest cent, if necessari: calculate balance outstanding on each segment of the pool after making 6 payments.) Page 2
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The images you provided outline a scenario with a mortgage pool consisting of three different tranches of loans each with a specific number of loans p... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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