Mortgage Pools That Are Assumed to Prepay at a Rate

question 69

True/False

Mortgage pools that are assumed to prepay at a rate of speed that is more rapid than the PSA model would indicate, are said to prepay at less than 100 percent PSA behavior because the mortgage life and balance will exist for a longer time.

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Definitions:

URL

Uniform Resource Locator, the address of a specific resource on the Internet.

DNS

Domain Name System, an internet service that translates domain names into IP addresses, facilitating the location of computer services and devices.

IP Address

A unique string of numbers separated by periods that identifies each computer using the Internet Protocol to communicate over a network.

URL

Uniform Resource Locator, a reference or address that can be used to access resources on the internet.