Look Both Ways

Reber, Jim
January 2014
Independent Banker;Jan2014, Vol. 64 Issue 1, p76
The article focuses on the mortgage-backed security prepayments and there impact on community banks in the U.S. It highlights the book "All I Really Need to Know I Learned in Kindergarten." It mentions amortizing investments, and that lenders readily understand the monthly return-of-principal feature. It discusses the flow of principal payments received by holders of mortgage-backed securities (MBS).


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