FINCAD XL gives you the ability to value and measure the risk of your mortgage-backed securities. FINCAD XL gives you the power to do all of your MBS analysis on a spreadsheet, with the option of using our professionally designed and developed workbook solutions.
Coverage
• accrual bonds
• CMOs
• fixed-rate pass-throughs or pools
• implied prepayment speed given price and yield / z-spread
• IO / PO bonds
• PAC bonds & companion PACs
• prepayment analysis
• prepayment utilities
• price given yield / z-spread and prepayment vector
• pro-rata bonds
• sequential bonds
• spread analysis
• TAC bonds and companion TACs
• utilities for creating prepayment vectors (PSA, ABS, CPR <-> SMM)
• yield analysis
• yield / z-spread given price and prepayment vector
Benefits
• flexible representation of prepayments
• supports scenario analysis for mortgage-backed securities
Download a Datasheet on MBS (PDF)
Screenshot example of the Function Finder
