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mtg_ppr_gpm

mtg_ppr_gpm (routine)

Calculate prepayment rate for a graduated payment mortgage

Introduced in release: 1.0
Component: US MBS
Purpose: Calculates a prepayment rate for a graduated payment mortgage backed security. Specifically it will calculate a prepayment rate for mortgage backed securities where the mortgage payments are graduated.

Results: The function returns the calculated prepayment rate, accurate to as many places as supported by a double precision value.

Error Conditions: Returned values should be ignored for a non-zero status. See Errors.

Last Mod Date: 03/01/1990© 2001 TIPS, Inc.Doc Version: 5.0