Mortgage-backed securities.

learn more… | top users | synonyms (1)

1
vote
1answer
298 views

Key Rate Duration for MBSs greater than Key Rate Tenor

Key Rate Durations (KRD) are essentially some fixed income instrument's price sensitivity to a non-parallel shift in interest rates (i.e., a shift at the "Key" Rate). For example, a 10-year bond's ...
1
vote
0answers
59 views

Valuation of Mortgage Backed floating notes

Does anybody have experience in valuation of mortgage backed floating notes? I have task to value the 4 different MBS floating notes. I know that it should be done through montecarlo, refinancing ...
0
votes
0answers
19 views

reference for elementary mortgage math

I have a student doing a project on default rate & prepayment rate for mortgages. She would like to include a section on how the quantities affect pricing, & so would like to reference a ...
0
votes
0answers
17 views

How Commercial Mortgage Backed Securities works?

I recently read some concept about CMBS, and have some questions about it. To make my question clear, here is an example. So say I have a pool of 5 loans that each generate 1000 for 23 months, and ...
0
votes
0answers
26 views

How to calculate APR on term year

What is the APR on a $$300,000 fixed rate loan amortized over 30 years but due in 10 years if the stated annual interest rate is 5.0% and the lender charges 2% as an origination fee, $18 for a credit ...
0
votes
0answers
37 views

Fair interest of mortgages

May be a stupid question, but I don't know the answer. Suppose someone asking me money for a mortgage for buying something. If I know the chance (mean value of payments and variance of payments) that ...