Given the following information on a MPT (same set-up as previous question), what is the servicing fee payment in year 3? (Round your answer to the nearest dollar)

10 year FRM, fully amortizing, annual payments. No prepayment or default 100 loans in the pool Average starting balance of $500,000.00/loan Mortgage rate 4.50% Servicing fee of 0.50% of starting outstanding pool balance

Given the following information on a MPT, what is the total cash flow available to investors in year 2? 10 year FRM, fully amortizing, annual payments. No prepayment or default 100 loans in the pool Average starting balance of $500,000.00/loan Mortgage rate 4.50% 0.50% servicing/guarantee fees