Breaking Down the Mortgage Mega-Formula

Additional update to formula: MBS Math Formula. Servicing, CPR, Payment Delay, Default Rate & Loss Severity http://pistulka.com/Other/?p=2384 This post will probably not interest the average reader, but I have been so fascinated by┬áthis 40 some year old formula that I stuck away and have recently rediscovered. The formula fits in one Excel cell, calculates the […]