Loan Prepayment Formula

From Open Risk Manual

Definition

Loan Prepayment Formula. A formula which embodies a Loan Pool Prepayment Model for a Loan Pool Prepayment Speed.

Issues and Challenges

This is a behavioral model subject to Model Risk

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.