How Much Faster Will a Mortgage Pool with a PSA

question 48

Multiple Choice

How much faster will a mortgage pool with a PSA of 150 be prepaid as compared to the benchmark?

• A)150 times faster
• B)15 times faster
• C)1.5 times faster
• D)1.5 times slower
• E)15 times slower

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Definitions:

Stakeholders

Individuals or groups that have an interest or stake in the operation and success of an organization.

Financial Ruin

A state of having lost a significant portion or all of one’s financial resources or assets, often leading to insolvency.

Trust

The confident belief in the reliability, truth, ability, or strength of someone or something, forming the foundation of relationships in social and business contexts.

Sustainability

The practice of conducting business in a manner that does not compromise the ability of future generations to meet their needs, emphasizing environmental protection, social equity, and economic health.