PSA prepayment model
id:
psa-prepayment-model-304-5977728
title:
PSA prepayment model
text:
The PSA prepayment model is a prepayment scale developed by the Public Securities Association in 1985 for analyzing American mortgage-backed securities. The PSA model assumes increasing prepayment rates for the first 30 months after mortgage origination and a constant prepayment rate thereafter. This approximates real-world experience that during the first few years, mortgage borrowers: Are less likely to relocate to a different home,
Are less likely to refinance into a new mortgage, and
Are les
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/PSA_prepayment_model
date created:
date modified:
2024-01-26T05:00:31Z
main entity:
{"identifier":"Q7120599","url":"https://www.wikidata.org/entity/Q7120599"}
image:
fields total:
13
integrity:
13