sj]zs h G e h v v Q -BQvU s G i E Q ~ C }wQX~Abiu@WALOOBO _FbMZAAtAP _DiCO\AL{ O}BxFMAOwBAR R[Ai`MsC ^Ug{ARxy~FCu@wOA wyNAw]`HRUIAh@@A @yCCpCAJPEe vAqDDwBs[cBV wB[ oeAP]eCBJPf evNvAI_Q AoHEC qJ]zAX]v AHRAzXBA}sBq}hC gAqpzsyQ PBiOAuIVvPEnUA@ mCnPaHLLRA~BC kRATq]bqWUA P Q@FMk\nAlTWt XAPA@GPaPaH@C i EQ~ WGvvQBQvU tOGsj ]zs G 106 ~KnOGKQE~GhKn sGi G e h KneG F|]gpMwb 90~ 7Xukv AHHvRANUW[y CHIA cu@BQvUA ~BQvUSxthApUh] Qv WBUAQ vWBUAP UQvH QvjtAHbUSxt UAN|yPetPIAivTU MBS C Lhmh~A hNwvv@QCna c 2,796HvUiRAG {{yqwAeHvCUAAX@b vv MBS oCt Logistic jk RkAQHU ]]teH^] PCGbeAPUQv[XT APU~UtFe ]]vTA~mCtbHGAPU ~CltAPUBC 1 sbDuUC izL logistic jkRpevAtX[c latticeG Ho-LeeQvAXWzAQBk gAYiDBQvU Aii@ MBS CoOgM BQvUSAi`JAgIC r v Mortgage Securitization BQvU Adjustable-Rate Mortgage e Prepayment NjkR Logistic Regression GQv Binomial Lattice Bk Backward 2 @ KKKKKKKKKKKKKKKKKKKKKK 1 @` eKKKKKKKKKKKKKKKKKKKK 1 G` sPKKKKKKKKKKKKKKK 2 T` sdP[cKKKKKKKKKKKKKKK 4 G BQvUzKKKKKKKKKKKKKK 7 @` o[cPSKKKKKKKKKKK 7 G` BQvUSKKKKKKKKKK 12 T` ^P[jBQvUSxKKKKK 19 |` BQvUSKKKKKKK 25 ` OIKK KKKKKKKK 29 T m^UPQKKKKKKKKKKKKKKKKK 38 @` ew^UKKKKKKKKKKK 38 G` Qvw ^UKKKKKKKKKKKKK 45 T` ^UKKKKKKKKKKKKKKK 50 |` BQvUKKKKKKKKKK 56 | skKKKKKKKKKKKKKKKKKKKK 63 @` KKKKKKKKKKKKKKKKKK 63 G` s[cP]pKKKKKKKKKKKKKKK 66 G RKKKKKKKKKKKKKKK 72 @` G PRKKKKKKKKKKKKKKK 72 G` RKKKKKKKKKKKKKK 83 PKKKKKKKKKKKKKKKKKKK 99 mKKKKKKKKKKKKKKKKKKKKKKK 103 1 1-1 s[cKKKKKKKKKKKKKKKKKKK 5 2-1 vy{PB@L{KKKKKK 9 2-2 BQvPTwQvetPKKKKKK 16 2-3 [jUSKKKKKKKKKKKKKKK 23 2-4 OeBKKKKKKKKKKKKKKK 33 2-5 OWaOeBKKKKKKKKKK 33 5-1 QvKKKKKKKKKKKKK 82 2 2-1 ~}oL{KKKKKKKKKKKKK 10 2-2 vU~nKKKKKKKKKKK 11 3-1 uQvi|KKKKKKKKKKKK 55 3-2 TwQv UpKKKKKK KKKKK 56 3-3 BQv UpKKKKKKKKKKK 58 4-1 UKKKKKKKKKKKKKKKKK 63 4-2 UzpKKKKKKKKKK 65 4-3 KQ~UzpKKKKKKKK 65 4-4 KQ@~UzpKKKKKKK 65 4-5 Uzp KKKKKKKK 66 5-1 UszpKKKKKKKKKK 72 5-2 UeMvzpKKKKKKKK 73 5-3 UHp KKKKKKKKKKKKKK 73 5-4 UeMvXR KKKKKKKKKK 73 5-5 Ue logisticjkRG KKK 76 5-6 UH logistic jkRG KKKKK 77 5-7 CHoKKKKKKKKKKKKKKK 82 5-8 KKKKKKKKKKKKKKKKKKK 82 5-9 uQvi| KKKK KKKKKKKKKK 84 5-10 s KKKKKKKKKKKKKKKK 84 5-11 eCuTwQv 3.5MU pKKKKKKKKKKKKKKKKKKKK 85 5-12 LeTwQv 3.5M UpKK 85 5-13 eTwQv 3.5M UpKK 86 3 5-14 CuTwQv 10MUp K 87 5-15 Le TwQv 10% Up KKK 88 5-16 e TwQv 10% Up KKK 89 5-17 BQvUCuBp KKKK 90 5-18 BQvU eBpKKKKK 90 5-19 BQvUvlBp KKKKKK 91 5-20 LeBQvUpKKKKK 91 5-21 eBQvUpKKKKK 92 4 @ @` e ugvwygoiDbA]Ooi CbAs}~wQ~Ag] teQMAOxWoivWqC Bx}IA]~X]MA[g AP{eHM Ce~~ vTAgxAsy~HU OW[A 90~ 3OBBvsA cOF 6.84 M]@^CQtv~YpAODVY Ay lQsAHQv oiwswAHyC bvAsFWxHAMX@tC~ IAp 3200ufUAO 10Ul] G^AL^MSCTOAvb CablQUAN|jTwH}BC{gA vAAR v DA~O~oiCg AFNO}nAXzXj ~vDC 1 G` sP naiAXD}Aq ]DUFFqkA~C] FQ~eN}lDA]oA kBkBgakBDAvThsjPi wCCF|]gpMwb 90~ 7Xu kvAH HvRANUW[ yCHIAww~ikC b~wD`sxA vODyC[cOFNzcA VcR JUAHOAoAO HCQyqCbyVU Ac@UN@AR KUAHF@]T^C eFwnWvAM~ tsdA v] Mortgage Securitization ^e|u@pAwWiF Ro{@h~IAXIQ s~AHjvuCsYNAYO osC voiHvUv@OoA ` c TwQvUCF U 2
Description: