Question: 5.) Given the following information of the mortgage pool that backs a MPT (same as Question 3,4), what is the total cash flow of the
5.) Given the following information of the mortgage pool that backs a MPT (same as Question 3,4), what is the total cash flow of the pool (i.e. to the issuer/SPV) in month 1 of this security? Round your final answer to two decimals.
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
_______
6.) Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5), what is the total cash flow of investors in month 1 of this security? Round your final answer to two decimals.
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
_______
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