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LuckyPanda

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Re: mattchew post# 480410

Friday, 06/23/2017 12:45:56 AM

Friday, June 23, 2017 12:45:56 AM

Post# of 730624
No that 2.9% interest margin is actually really good. I dont think most rmbs portfolios can generate that kind of profit margin now. As I recall, the actual interest income for the portfolio was around 5.9% and the cost of the loan funding (i.e. interest owed to deposit base) as 2%.

You can find the numbers in the 2007 wamu 10k
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