A particular mortgage pool has a balance of $65 million and is scheduled to receive $108 thousand

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A particular mortgage pool has a balance of $65 million and is scheduled to receive $108 thousand of planned principal payments in a month. If the CPR is 10%.

Estimate the number of dollars of prepayments in that month.

Related Book For answer-question

Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: Dec 18, 2023 11:11 PM

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A particular mortgage pool has a balance of $65 million and is scheduled to receive $108 thousand

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