See Also: PSA prepayment rate(finance)
PSA Prepayment Rate(money)
Money rate of return(finance)
Money rate of return(money)
Call money rate(finance)
Call money rate(money)
Prepayment Penalty(money)
Prepayment Clause(money)
Zero prepayment assumption(finance)
Prepayment penalty(finance)

PSA Prepayment Rate (money)


Definition: [crh] The Bond Market Trade Association's Mortgaged Asset-Backed Securities Division's prepayment model based on an assumed rate of prepayment each month of the then unpDefinition: aid principal balance of a pool of mortgages. PSA is used primarily to derive an implied prepayment speed of new production loans. 00% PSA asDefinition: sumes a prepayment rate of 2% per month in the first month following the date of issue, increasing at 2% percentage points per month thereafter until the 30th montDefinition: h. Thereafter, 100% PSA is the same as 6% CPR (Constant prepayment rate).