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?
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