Publications
Standard Formulas
Published: 4.15.99
Standard Formulas for the Analysis of Mortgage-Backed Securities and Other Related Securities is a manual which codifies assumptions and formulas that represent common industry practice in the mortgage securities marketplace. These formulas are used by institutional investors and mortgage securities brokers and dealers to promote consistency and uniformity in the market. The Standard Formulas cover prepayments, assumptions for generic pools, day counts, settlement-based calculations, yield and yield-related measures and accrual instruments. Included are definitions, a description of the U.S. federal agencies and much, much more. (Standard Formulas is also available as a chapter in the Uniform Practices Manual.)
Member Prices:$250.00, 2/$350.00
Non-Member Prices:$345.00, 2/$550.0
