Financial Definition of Psa
Meaning of Psa
A prepayment model based on an assumed rate of prepayment each month of the then unpaid principal balance of a pool of mortgages. PSA is used primarily to derive an implied prepayment speed of new production loans, a 100% PSA assumes a prepayment rate of 2% per month in the first month following the date of issue, increasing at 2% per month thereafter until the 30th month. Thereafter, 100% PSA is the same as 6% CPR.
Related Entries of Psa in the Encyclopedia of Law Project
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Psa in Historical Law
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Legal Abbreviations and Acronyms
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| Resource | Description |
|---|---|
| Psa in the Dictionary | Psa in our legal dictionaries |
| Related topics | Browse topics from the World Wiki Encyclopedia of Law |
| Browse the Legal Thesaurus | Find synonyms and related words of Psa |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Psa in the World Encyclopedia of Law |
What is Psa?
Vocabularies (Semantic Web Information)
| Resource | Description |
|---|---|
| Topic Map | A group of names, occurrences and associations |
| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/psa | The URI of Psa (more about URIs) |
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