A Case for Mark-to-Market Residential Mortgages

  • July 22, 1993
  • • Written by: Robert J. Hartl

Spring/Summer 1993, Vol 18, No 1

Abstract: Hartl offers and substantiates a partial solution to MBS prepayment risk. The solution involves the frequent use of mark-to-market residential mortgages in MBS mortgage pools or loans that have been structured so they are continuously and unfailingly payable at market prices.