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Payment Calculations for Mortgage Backed Securities  Form

Payment Calculations for Mortgage Backed Securities Form

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welcome to my presentation on mortgage-backed securities let's get started and this is going to be part of a whole new series of presentations because I think what's happening right now and in the credit markets is pretty significant from I guess about personal finance point of view and just from a historic point of view and I want to do a whole set of videos just so people understand I guess how everything is fits together and what the possible repercussions could be but we have to start with the basics so what is a mortgage-backed security you probably read a lot about these so historically let's think about what happens when I I went to get a loan for a house let's say 20 years ago and I'm going to simplify some things and later we can do a more nuanced but let's say I need well we would my pin go let's say I need a hundred thousand dollars now let me say 1 million dollars because that's actually closer to how much how is this cost now let's say I need 1 million dollar loan to buy a

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