If there is a cap on the SBA (Small Business Administration) loan, should the prepayment speed of a pool of SBA loans be slower?
The CFAI page 533 (book 5) only mentioned it and didn’t specify.
Please help. Thanks.
If there is a cap on the SBA (Small Business Administration) loan, should the prepayment speed of a pool of SBA loans be slower?
The CFAI page 533 (book 5) only mentioned it and didn’t specify.
Please help. Thanks.