Archive for the Monthly Estimates Category

Monthly Accounting Estimates

The following are recommended for accounting estimates for Current Coupon loans, by CMB Clients:

Date   30 Yr. (%) 15 Yr. (%) Current 30 Y Loan Rate
08/15/2010 .80 .70 4.00%
07/15/2010 .80 .70 4.25%
06/15/2010 .90 .80 4.45%

These do not represent fair market values and are only for use by CMB Clients for estimation purposes, as described in CMB Client Documentation.  These do not represent an offer by CMB to purchase or sell at these levels.

 As loan rates rise above the 30Y Current rate, values decline, substantially in cases of a large drop in rates.

As rates reach new lows, clients should plan for significant declines in servicing values, and increases in impairment.

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