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6.48% Question 35 1 pts The Mini Fannie just acquired a pool of 100 mortgages with average balance of $250,000 per loan.
Posted: Sun May 08, 2022 3:52 pm
by answerhappygod
- 6 48 Question 35 1 Pts The Mini Fannie Just Acquired A Pool Of 100 Mortgages With Average Balance Of 250 000 Per Loan 1 (26.31 KiB) Viewed 37 times
6.48% Question 35 1 pts The Mini Fannie just acquired a pool of 100 mortgages with average balance of $250,000 per loan. All loans in the pool are constant payment mortgage with 6.5% interest rate. 5-year term, and annual payment Mini Fannie is going to issue 25,000 shares of mortgage pass through securities with this pool , which pass-through pays Investor once a year. Assuming there is no servicing fee, but expect a constant prepayment rate of 10% of the beginning balance each year (except the 5th year, what is the total cash flow to investor holding ONE SHARE in year 1-3, respectively? 347.2.290.1.238.6 247.2.217.3, 1993 O 340.6.202.9.232.9 240.6.217.3.171.9 No new data to save. Last checked at 12:17 pm Submit Qul