Question: # 5 (Using the same chart as Question 3) Now imagine that these loans whose origination values are listed above are seasoned for 6 months
# 5 (Using the same chart as Question 3) 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 makes exactly their scheduled payment (no prepayments, no defaults). Express your answer in dollars rounded to the nearest cent, if necessary. (Hint: calculate balance outstanding on each segment of the pool after making 6 payments.)
Number of Loans Principal Rate Maturity 50 100,000 4% 360 100 250,000 4.25% 180 50 300,000 5% 360 Consider a MPT created from the above pool of loans. If these loans are all fully amortizing FRMs, what is the WAC? Assume the loans are 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 the WAC was seven and a half percent, enter 7.50) 4.47 UESTION 4 (Using chart from previous question) If these 200 loans are pooled to create a MPT, what is the starting pool balance in dollars? Assume the loans are not seasoned before securitization 45000000
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