Question: QUESTION 5 Given the following information of the mortgage pool that backs a MPT (same as Question 3,4), what is the total cash flow of

QUESTION 5

Given the following information of the mortgage pool that backs a MPT (same as Question 3,4), what is the total cash flow of the pool (i.e. to the issuer/SPV) in month 1 of this 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

QUESTION 7

Given the following information of the mortgage pool that backs a MPT (same as Question 3,4,5,6), what is the month 1 ending/month 2 starting pool balance for this 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

QUESTION 8

Given the following information of the mortgage pool that backs a MPT, what is the dollar amount of prepayment in month 32? Round your final answer to two decimals.

30 year FRM, fully amortizing, monthly payments

WAC: 5%

Servicer/Guarantee fee: 0.5%

Prepayment assumption: 300% PSA

Loans were not seasoned before entering the pool

MBS has been active for a few years in collecting payments from borrowers and making payments to investors

Starting pool balance at month 32: $52, 234, 988

I need help with these 3 questions please? all the answers given in chegg so far are completely wrong?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!