Given a pool of 30 year fully-amortizing frms making, Ask an Expert

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Given a pool of 30 year fully-amortizing FRMs making monthly payments to investors with the following characteristics:

WAC: 6%

Pass-through rate: 5.5%

Prepayment assumption: 200 PSA

Loans were not seasoned before entering pool

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

It's currently month 26 in the pool.(t=26)

Starting pool balance month in month 26: 72,534,232

What is the dollar amount of prepayment in month 26 and the starting pool balance for month 27 of this security.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92832566

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