I am currently an undergraduate sophomore taking a class in basic financial modeling. I am trying to develop a mortgage prepayment model. I plan on gathering historical prepayment statistics through a Bloomberg terminal. I have taken only one statistics course, so my knowledge is fairly limited. I plan on using a regression model to describe how mortgage prepayments change. Will this work ok? Is there some other data that Bloomberg provides that I can add to my regression? Is there another type of model that may be more appropriate and is easy for an undergraduate to understand?
closed as off topic by Alexey Kalmykov, Joshua Ulrich, Bob Jansen, chrisaycock♦ Dec 12 '12 at 3:36
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