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Paydown Factor |
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Paydown Factor In mortgage-backed securities, the amount of the principal in the underlying mortgage pool that is repaid each month, expressed as a percentage of the original total principal. Ginnie Mae requires all issuers of mortgage-backed securities to publish their paydown factors. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | Although most transactions are seasoned less than two years, the paydown factors, due to the recent high prepayment environment, range between 45% to 80%,. |
Paydown Factors |
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