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

elow 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 62,000 and B has an outstanding balance of 31,000. What is the principal payment towards tranche B in this month?
Enter your answer in thousands of dollars, with no decimals. For example, if your answer is $40,000, then enter 40.
month beginning balance scheduled principal payment Prepayment Interest to MBS investors
33 $615,00028,00013,00056,000

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