Insight Trivia

Our loan database is a one-of-a-kind repository of mortgage data that powers our renowned prepayment model. We can also use it to unearth all sorts of trivia, like the one below.

This Month's Question

Prepayment rates have been relatively slow as of late, with a few noteworthy exceptions. Our feature details some initiatives that are under way to assist subprime borrowers, and a large portion of these borrowers are currently in a 2/28 ARM. Can you guess at the most recently observed CPR for this segment of loans? (Note: this figure includes voluntary prepayments only.)

The first five correct respondents win our contest prize.

 

First, please provide your e-mail address below:

What was the constant prepayment rate among 2/28 ARMs as of 4/2007?





For complete contest rules, click here

Remember to tune in next quarter for the answer!