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