Overseas Bank Is Pooling 50 Similar and Fully Amortized Mortgages

question 9

Multiple Choice

Overseas bank is pooling 50 similar and fully amortized mortgages into a pass-through security.The face value of each mortgage is $100,000 paying 180 monthly interest and principal payments at a fixed rate of 9 percent per annum. What is the monthly payment received by investors of the mortgage pass-through if the FI deducts a 50 basis points servicing fee?

• A)$49,237.
• B)$50,713.
• C)$50,459.
• D)$51,200.
• E)$52,100.

Identify techniques for effective multitasking and task management.

Understand the significance of goal setting in time management.

Comprehend the necessity of relaxation and breaks in effective time management.

Recognize strategies for making use of downtime effectively.

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