Overshooting


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Overshooting

The tendency of a pool of MBS to reflect an especially high rate of prepayments the first time it crosses the threshold for refinancing, specially if two or more years have passed since the date of issue without the weighted average coupon of the pool crossing the refinancing threshold.
References in periodicals archive ?
Dubai: Customers have welcomed the mandatory cap on mobile data bundles, saying it will allow them to browse the net without fear of overshooting their data limit.
The idea of overshooting to make up for past periods of slow price growth evokes what economists term "price-level targeting," where central banks aim for a specific level of prices rather than a yearly inflation rate.
Overshooting zones are one of the most commonly misdiagnosed types of problems, because the root cause is not always clear.
FAA is investigating the cause of Phenom 300 jet overshooting the runway The FAA is investigating the cause of jet overshooting the runway at an airport in Minneapolis, Minnesota.
The incident comes less than two weeks after a Tu-104 jet crashed into a highway after overshooting the runway at Moscow's Vnukovo Airport.
In our experiment we found that people tend to undershoot when they believe that undershooting is more energy efficient and overshoot when they believe that overshooting is more energy efficient.
But then again, maybe the United States avoids an overshooting scenario, and 2006 becomes a banner year.