The average rate at which mortgage holders are expected to pay off their loans ahead of schedule. This is used in calculating the value of mortgage pass-though securities.

Related information about prepayment speed:

Related information about prepayment speed:

**Prepayment Speed - Financial Dictionary - The Free Dictionary**

Also called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through ...

**PSA prepayment speed - Invest Definition**

PSA prepayment speed definition: A measure developed by the Bond Market Association that studies the rate of prepayment of mortgage loans. The model ...

**What is prepayment speed? definition and meaning**

Definition of prepayment speed: The average rate at which mortgage holders are expected to pay off their loans ahead of schedule. This is used in calculating ...

**Dealer-Median Prepayment Speed Definition | Investopedia**

The median value of all Wall Street securities dealers' prepayment speed estimates for the underlying mortgages used to form mortgage-backed securities.

**Prepayment Speed Assumptions (PSA) - Performance Trust University**

A percentage expression of the relationship between the actual and expected constant prepayment rate (CPR) based on the PSA ramp. The ramp assumes ...

**Calculating Prepayment Speeds**

Projected and historical prepayment rates are often expressed as “percentage of PSA” (Prepayment Speed Assumptions). (See Glossary for a more complete ...

**Prepayment Models**

Absolute Prepayment Speed (ABS). This abbreviation (which, confusingly, is the same as that used for asset-backed securities) is commonly applied to ...

**What is PREPAYMENT SPEED? - The Law Dictionary**

Definition of PREPAYMENT SPEED: The speed a mortgage can be paid ahead of schedule.