Question: a Below is a cash flow projection on a sequential-pay CMO, which has four tranches, A through D. Assume the four tranches get paid in

 a Below is a cash flow projection on a sequential-pay CMO,

a Below is a cash flow projection on a sequential-pay CMO, which has four tranches, A through D. Assume the four tranches get paid in the order of A->B->C->D. In this month tranche A has an outstanding balance of 78,000 and B has an outstanding balance of 40,000. What is the principal payment towards tranche B in this month? beginning month balance scheduled principal payment Prepayment Interest to MBS investors 50 $580,000 21,000 15,000 54,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!