QUESTION 10 Select the correct answer: A CPR ramp model that is made up of annualized Prepayment Rates of 20bps in the first month, increasing 20bps every month there after until the 30th month when the CPR rate reaches 600bps is reforred to as: O O PSA 50 PSA 100 PSA 200 PSA QUESTION 11 Fill in the blank: Borrowers in an MBS pool who are usually the first to refinance out are generally more sophisticated financially, have more equity in their homes and higher incomes. As a result, when more-seasoned pools show slower prepayments speeds, this is generally referred to as [ ). QUESTION 12 Select the correct answer: The curve that depicts how refinancing speeds (CPRS) dynamically evolve as a homeowners refinancing incentive changes (the difference between a borrowers mortgage rate and the current market mortgage rate) is referred to as: J-Curve Convexity Curve S-Curve Delta Curve Click Save and Submit to sane and submit. Click Save All Answers to sme all ansuers Close Window Save All Answers