Calculate the first monthly insurance fee paid to gnma

Assignment Help Finance Basics
Reference no: EM131633833

Question: a. What is the monthly mortgage payment (100 percent amortizing) on the pool of mortgages?

b. If the GNMA insurance fee is 6 basis points and the servicing fee is 44 basis points, what is the yield on the GNMA pass-through?

c. What is the monthly payment on the GNMA in part ( b )?

d. Calculate the first monthly servicing fee paid to the originating FIs.

e. Calculate the first monthly insurance fee paid to GNMA.

Reference no: EM131633833

Questions Cloud

Prepare journal entry to record the issuance of the bonds : Gridley Company issued $800,000, 11%, 10-year bonds on December 31, 2016, Prepare the journal entry to record the issuance of the bonds
Define college-sponsored or college-supervised activity : Disorderly, lewd, or obscene conduct or language on campus or at any College-sponsored or College-supervised activity
Differences in the numbers of erythrocytes visible : Were there differences in the numbers of erythrocytes visible in each macrophage monolayer (+/-Ab) and why would this be expected?
What is meant by a haemagglutination inhibition assay : Q 1: What is meant by a haemagglutination inhibition assay? Q 2: Explain the basis for the negative (saline) control.
Calculate the first monthly insurance fee paid to gnma : If the GNMA insurance fee is 6 basis points and the servicing fee is 44 basis points, what is the yield on the GNMA pass-through?
Identify the chemical properties with common oxidizers : Identify the chemical properties, uses, and primary hazards associated with common oxidizers including concentrated nitric acid
What are the tax effects of extraordinary dividend : What are the tax effects of extraordinary dividend on a corporation shareholder? (Make sure you cite the authoritative sources)
Is responsibility for actions same as autonomy : Is responsibility for actions same as autonomy? Is moral autonomy really the over-riding moral obligation?
Essential elements of leadership and management : Examine your individual, essential elements of leadership and management.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd