MBS Study guides, Class notes & Summaries

Mortgage Backed Securities Final Exam 2023 with complete solution Why is prepayment less of an issue with commercial loans than it is with home mortgage loans? Explain Yield Maintenance & Defeasance prepayment restrictions. 1) Commercial loans have strong call protections and penalties to the borrow if they prepay the loan. Home loans do not have prepayment penalties. Yield Maintenance Penalty - Present Value of lost payments will be paid to the lender to maintain their expected yield ...

Primary economic role of structuring - ANSWER-Structured securities complete the market - structured to meet all different needs & helps investors prepare for all states of the world MBS - ANSWER-Mortgage-backed securities - security secured by pool of mortgages (mortgages are the collateral) RMBS - Agency RMBS - ANSWER-Residential MBS - low credit risk: backed by the US government - has prepayment risk: borrower' s right to repay mortgage early a key risk Contraction risk - ANSWER-Av...

UGBA 10 - Module 1Secured Loan (Asset-Backed Loan) - correct answer Loan to finance an asset, backed by the borrower pledging the asset as collateral to the lender Collateral - correct answer Asset pledged for the fulfillment of repaying a loan Loan Principal - correct answer Amount of money that is loaned and must be repaid Interest - correct answer Fee paid to a lender for the use of borrowed funds Annual Percentage Rate (APR) - correct answer One-year rate that is charged for the ...

Advanced Rigging fully solved passed 2024 What does MBS stand for? - correct answer Minimum breaking strength The Blind Hole has to be how much the Thread Diameter - correct answer 1.5x Whenever you're skidding a load up an incline you want to take into consideration what? - correct answer The Load Weight, Gravity, and the Coefficient of Friction. When skidding a load you'll usually have to calculate what? - correct answer The line pull The material that has the highest coeffici...

CMBS FINAL COPY STUDY GUIDE questions and answers 100% verified. Assuming a perfectly efficient debt market, what would be the forward rate during year 6, given the following current spot rates? Year: 1 2 3 4 5 6 Spot rate: .08 .085 .09 .095 .10 .105 - correct answers.((1+r6)^6/(1+r5)^5) - 1 2. Explain why, in the absence of transactions costs that spot interest rates should be a geometric average of the imbedded forward interest rates. Explain why, in an efficient...

CAIA Level 1 - Topic 6 Structured Products Questions& Answers 100% Accurate! Primary economic role of structuring - ANSWER-Structured securities complete the market - structured to meet all different needs & helps investors prepare for all states of the world MBS - ANSWER-Mortgage-backed securities - security secured by pool of mortgages (mortgages are the collateral) RMBS - Agency RMBS - ANSWER-Residential MBS - low credit risk: backed by the US government - has prepayment risk: borrowe...

ABO Study Guide Questions & Answers Passed Prentice Rule - ️️ (Power x distance in mm) /10 Cornea index of refraction - ️️ 1.37 Tear Film, Vitreous index of refraction - ️️ 1.33 Crystalline lens index of refraction - ️️ 1.42 Optical Standard index of refraction - ️️ 1.53 Crown Glass index of refraction - ️️ 1.523 High index of refraction - ️️ 1.74 CR-39 index of refraction - ️️ 1.49/1.50 Poly index of refraction - ️️ 1.586 Air - ️️ 1.00 How fast...

3 main purposes of the courts correct answersTo define rights To settle disputes and controversies Enforce their decisions Who is allowed to testify to their opinions in court correct answersExpert Witnesses In Missouri, the Court of Appeals purpose is to review questions or errors of _______________ made by the trial court, not hear and evaluate the credibility of evidence. correct answersDue Process An application (typically oral) for relief from the court during a pending action is...

Prentice Rule - ANS (Power x distance in mm) /10 Cornea index of refraction - ANS 1.37 Tear Film, Vitreous index of refraction - ANS 1.33 Crystalline lens index of refraction - ANS 1.42 Optical Standard index of refraction - ANS 1.53 Crown Glass index of refraction - ANS 1.523 High index of refraction - ANS 1.74 CR-39 index of refraction - ANS 1.49/1.50 Poly index of refraction - ANS 1.586 Air - ANS 1.00 How fast does light travel throu...

CFA Level 1 - Fixed Income question and answers graded A+ 2023Bond Indenture - correct answer Contract that specifies all the rights and obligations of the issuer and owners of a fixed income security. Negative Covenants - correct answer Prohibitions on the borrower. Affirmative Covenants - correct answer Actions that the borrower promises to perform. Maturity or Term to Maturity - correct answer Length of time until loan contract or agreement expires. Remaining life of bond. Par Val...