Question: PLEASE ANSWER EACH QUESTION FULLY AND COMPLETELY THANK YOU SO MUCH QUESTION 1 Given the following information on a MPT, what is the anticipated total
PLEASE ANSWER EACH QUESTION FULLY AND COMPLETELY THANK YOU SO MUCH
QUESTION 1
Given the following information on a MPT, what is the anticipated total cash flow available to investors in year 2? Round your answer to two decimals. (Note: You can perform this calculation with the spreadsheet or by completing it iteratively)
10 year FRM, fully amortizing, annual payments
10% CPR assumption
100 loans in the pool
Average starting balance of $350,000/loan
Mortgage rate 5%, annual
No servicing/guarantee fees
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QUESTION 2
Given the following information on a MPT, what is the servicing fee in year 3? Round your answer to two decimals. (Note: You can perform this calculation with the spreadsheet or by completing it iteratively)
10 year FRM, fully amortizing, annual payments
No prepayment or default
100 loans in the pool
Average starting balance of $350,000/loan
Mortgage rate 5%, annual
Servicing fee of 0.5% of the periods starting outstanding pool balance
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QUESTION 4
Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 1 of the security? Remember PSA is calculated based of month of the mortgage, not the security. Round your final answer to two decimals.
30 year FRM, fully amortizing, monthly payments
Loans seasoned for 3 months before entering pool
WAM: 357
WAC: 4%
Servicer/Guarantee fee: 0.55%
Starting pool balance: 250,342,967
Prepayment assumption: 75% PSA
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