Public Securities Association model (100% PSA)

Asset-Backed Securities Glossary

A prepayment convention ramping from 0.2% CPR at month 1 to 6% CPR at month 30, then constant thereafter. Distinct from the 'Pooling and Servicing Agreement (PSA)' legal document — both abbreviate to PSA but mean different things.

Sign up free — get all 119 Asset-Backed Securities terms, flashcards & rank tracking →

More Asset-Backed Securities terms

KomFi Academy — Stop doomscrolling. Get KomFi.

Turn wasted screen time into verifiable competence.

KomFi Academy is a curated training platform with 66,000+ practice questions, 25,000+ flashcards, on-demand video lectures, podcasts, and 4K slide decks across the topics serious professionals study: GMAT, LSAT, MCAT, SAT, Investment Banking, Private Equity (LBOs & PE math), Private Credit, Quantitative Finance, Financial Accounting, Asset- Backed Securities, Volume Profile Analysis, Order Flow Trading, Market Microstructure, Volume Spread Analysis, Elliott Wave Theory, Volume-Price Analysis, and Public Offering Frameworks.

What's inside

Topics

View pricing · Read testimonials