MS SAMEER (CMA*CA*CMDM*ast FUND MANAGER*LEGAL ADVISOR) (14938 Points)
24 June 2010
What Does Pool Factor Mean?
The percentage of the original principle that is left to be distributed in a mortgage-backed security, as represented by a numerical factor that will be attached on periodic market quotes (such as in Bloomberg) and other presentations of the MBS’s price.
Calculated as:
purvi
(some)
(240 Points)
Replied 29 June 2010
| Originally posted by : sameer m s | ||
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What Does Pool Factor Mean? The percentage of the original principle that is left to be distributed in a mortgage-backed security, as represented by a numerical factor that will be attached on periodic market quotes (such as in Bloomberg) and other presentations of the MBS’s price. Calculated as: |
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