The proper financial technique to determine the price to pay for
purchasing an existing mortgage in the secondary market would be
to...
pay the original loan amount as stated in the mortgage
instrument.
pay the remaining loan balance on the mortage.
pay the calculated PV of all future payments discounted by the
mortgage's stated interest rate.
pay the calculated PV of all future payments discounted by the
prevailing market interest rate
The proper financial technique to determine the price to pay for purchasing an existing mortgage in the secondary market
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am