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Tag Archives: Puzzle #2
Puzzle #2: Answers to Followup Questions
Puzzle #2 asked how a $6 million mortgage pool with a weighted average LTV of 80% could have a total property value of $9 million when the average LTV implies a value of $7.5 million. Chun Lee NG gave a good general … Continue reading
Posted in Fun, Math, MortgageBacked Securities, Puzzles
Tagged Cool Graphs, Finance Math Puzzle, Financial Math, Puzzle, Puzzle #2, Weighted Average LTV
2 Comments
Puzzle #2: Followup Questions
Puzzle #2 asked how a $6 million mortgage pool with a weighted average LTV of 80% could have a total property value of $9 million when the average LTV implies a value of $7.5 million. Chun Lee NG provided a good explanation … Continue reading
Posted in Fun, Math, MortgageBacked Securities, Puzzles
Tagged Finance Math Puzzle, Financial Math, Puzzle, Puzzle #2, Weighted Average LTV
1 Comment
Puzzle #2: Weighted Average LTV
The loantovalue ratio (“LTV”) of a mortgage equals the loan amount divided by the property’s value. The LTV is a key indicator of mortgage quality. The lower the LTV, the more likely it is that the mortgage can be paid off … Continue reading
Posted in Fun, Math, MortgageBacked Securities, Puzzles
Tagged Finance Math Puzzle, Financial Math, Puzzle, Puzzle #2, Weighted Average LTV
12 Comments