What the total interest received by the issuer in month


Given the following information, answer the following questions for month 12 of this security

-15 year FRMs, monthly payments -PSA 150 -4.5% mortgage rate, 0.5% servicing fee, 3.75% discount rate

- Pool balance at the beginning of month 12: $75,946,124

- The loans were not seasoned before entering the pool

What the total interest received by the issuer in month 12?

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Financial Management: What the total interest received by the issuer in month
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