For years, conventional wisdom has assumed that “normal” turnover implies a minimum lifetime Conditional Prepayment Rate of 6%. MIAC Analytics Managing Director of MSR Valuations Mike Carnes challenges those assumptions.
Tag: Mike Carnes
An MSR Update from MIAC Analytics
For years, conventional wisdom has assumed that “normal” turnover implies a minimum lifetime Conditional Prepayment Rate of 6%. MIAC Analytics Managing Director of MSR Valuations Mike Carnes challenges those assumptions.