Business
Business, 18.03.2021 01:10, kaileyy06

Number of Loans Principal Rate Maturity 50 100,000 4% 360
100 250,000 4.25% 180
50 300,000 5% 360

Now imagine that these loans whose origination values are listed above are seasoned for 6 months before creating a MPT. What is the starting pool balance? Assume that all loans are fixed rate, fully amortizing and make monthly payments. Additionally, assume that in the time period between origination and securitization every borrower makes exactly their scheduled payment (no prepayments, no defaults). Express your answer in dollars rounded to the nearest cent, if necessary. (Hint: calculate balance outstanding on each segment of the pool after making 6 payments.)

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Answers: 3

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Number of Loans Principal Rate Maturity 50 100,000 4% 360
100 250,000 4.25% 180
50 300,...

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