KIC000020 - AGENCY CMO Exhibit 12-1 FJF-01: Hypothetical...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
AGENCY CMO Exhibit 12-1 FJF-01: Hypothetical Four- Tranche Sequential-Pay Structure' "Payment ru~es' '_'~", ,_ _ :0', _. . 1. for paymenT 'of'peryodic coupon lnlcfcit: Disburse perj(ldic'CIlUPOliiJ1teTe~i' ' to ~.:lmncl}e,oll ~e ~i; of ~eam.oul1l ofJ;'rincipal outstanding at ~!",~, begmnln~ of-the penod' ,~, '.5' _ ~ -- , ':<,-;"., ~;:,~j. _: 2. Fpr disbikem~n'tof'p:riiicjP:ai ~aymenls: Disburse pi:in~jp!l' paym~nts 'to~,.;' tranch'e/,- un~il it'is'pajd off ~~ple!~IY, After t~ncil\lA is paid off~Co9~~e1~)~ ~~,um p~i~eipa! pa}wentsI?Ul.n~~eBuNit itiis paid6ff,i:o",plet~'y: Aft~~ tnII1Cl1e B is paid off,corop1e±:e!J.:. disburse p~nclpal~yments to tmn~he Cun~,1 ili~,pa.id off compJe1ely.·Afte;r; tran\;h:e C is ~jd off completely, disburse' principal paymentsrto ulllll;be IfulIliLit is paid off oompletely.'. . Average Life for 7
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Exhibit 12-4 FJF-02: Hypothetical Four-Tranche Sequential-Pay Structure with an Accrual Bond Classa -Me 'Ul, . .
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/06/2011 for the course FIN 428 taught by Professor Hood during the Fall '11 term at Iowa State.

Page1 / 2

KIC000020 - AGENCY CMO Exhibit 12-1 FJF-01: Hypothetical...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online