Mortgage Pool Price Given Yield, Amortization vs. Mega-Formula

See updated formula at: MBS Math Formula. Servicing, CPR, Payment Delay, Default Rate & Loss Severity http://pistulka.com/Other/?p=2384 I think I owe the readers of my blog a better explanation of what I call the “Mega-Formula“. The formula solves for price given yield, CPR, servicing fees, and the number of days delayed in receiving payments,¬†on a […]