Patent Approved for New MBS Valuation Technology, Model's Speed Faster than Existing Simulation Models
June 12, 2009
A new prepayment model for valuing MBS pass-throughs, interest-only and principal-only strips, and mortgage servicing rights has been approved for a patent by the U.S. Patent Office. Developed by Andrew Kalotay Associates, a provider of high-precision, high-speed fixed income...