Question: 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
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 71,000 and B has an outstanding balance of 50,000. What is the principal payment towards tranche B in this month? scheduled Inte beginning month principal Prepayment to balance payment invi 16 $639,000 13,000 18,000 42, 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 71,000 and B has an outstanding balance of 50,000. What is the principal payment towards tranche B in this month? scheduled Inte beginning month principal Prepayment to balance payment invi 16 $639,000 13,000 18,000 42
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