Hi,I am a newbie. Can anyone explain to me what is a 6M x 10Y implied Vol? THX

Is anybody here familar with TBA Inter Coupon Multiple? I am tring to model/benchmark the mortgage servicing rights.Thanks,

Any idea? Or if you have experience the same kind of situation, just throw some light.

<t>Recently our company is trying to strip out the prepayment cash flow from mortgage servicing. When I'm trying to quantify the difference between actually fv and predicted fv, there is always a huge percentage error for option arm tranche(20%~50%, when the conventional fix , arm tranche are usuall...