Why AAA-rated mortgage-backed (MBS) n? Or not? Certainly there are many defects and prepayments Unexpected housing market, but the AAA tranche had maximum protection. I am sure that prices have dropped and dropped over. Why MBS, however, not well protected? default may have to come to something like 75% more for that to happen, because [...]
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mortgage backed securities pricing
April 17th, 2010 No Comments
Tags: backed · bond · mbs · mortgage · mortgage backed securities pricing model · pricing