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 Glossary   >   L   >   "Lag response of prepayments" Definition   

        Lag response of prepayments

There is typically a lag of about three months between the time the weighted average coupon of an M.B.S. pool has crossed the threshold for refinancing and an acceleration in prepayment speed is observed.

Lag response of prepayments


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Lag response of prepayments \ There is typically a lag of about three months between the time the weighted average coupon of an M.B.S. pool has crossed the threshold for refinancing and an acceleration in prepayment speed is observed.


Lag response of prepayments / there is typically a lag of about three months between the time the weighted average coupon of an m.b.s. pool has crossed the threshold for refinancing and an acceleration in prepayment speed is observed.