Single-Family Calls, Prepayments Rising, Report Says

Vadum, Matthew
December 2002
Bond Buyer;12/9/2002, Vol. 342 Issue 31528, p4
Trade Publication
Reports on an increase in prepayments in the American single family mortgage revenue bond market as of December 9, 2002. Indication of a report released by Merrill Lynch & Co. Inc. on December 6, 2002; Expectation of a positive impact on outstanding bonds; Estimation of the impact of mortgages with varying percentages of coupons on the value of bonds; Suggestions for investors during the prepayment boom phase.


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