Highlights:

• mortgage-backed pass-through securities(GNMA, FNMA, FHLMC)
• IO's, PO's, other strips, GPM's, ARMS
• choice of prepayment assumptions:
  
  • constant prepayment rate (CPR)
  • Public Securities Association (PSA)
  • custom prepayment vector
  • FHA experience
  • absolute prepayment rate
  
  
• price, cash flow yield, bond equivalent yield
• implied CPR, PSA, FHA
• duration, weighted average life
• cash flow components, factors, amortization tables
• settlement based calculations

 

List of Functions