MBS – FirstAlert

FirstAlert works with BondMonitor client data and calculates total monthly principal return for mortgage backed products, CMO’s, and other amortizing securities.

Features:

• Can be run as soon as factors are available on Bloomberg or another data source
• Estimates mortgage backed securities and CMO principal return based on actual speeds and factors from previous months
• Calculates actual monthly principal pay downs vs. previous month
• Calculates actual monthly premium amortization or discount accretion vs. previous month in dollars and in yield