Prime hybrid ARM RMBS
Wells Fargo Mortgage Backed Securities 2008-AR2
424B5 filed 2008-02-26, acc 0001193125-08-038785
machine-encoded from the prospectus by the extraction pipeline and tied out over 10 periods (2008-03-25 to 2008-12-26); not yet expert-verified
Backtested periods
10
2008-03-25 to 2008-12-26
Comparison points within $1
97.1%
280 points
Max principal delta
$0.01
interest $33564.50 · balance $0.02
What the encoder found in the filings
- B-6: draft face 1,319,852.00 -> reported 1,319,852.75 (pinned from the remittance Original Balance)
- group 1 has 3 senior classes (A-1, A-2, A-R); assumed pro rata, but the contract may pay them as components — check the tie-out
- window starts at deal month 1 (2008-03-25); earlier reports are not in the machine-readable run
Capital structure · original faces
A-1
$175,893,000.00
A-2
$35,068,000.00
A-R
$100.00
B-1
$3,188,000.00
B-2
$1,869,000.00
B-3
$769,000.00
B-4
$1,319,000.00
B-5
$440,000.00
B-6
$1,319,852.75
viridian = senior (per-pool) · burgundy = cross-collateralized subordinates · IO classes (A-IO) accrue on senior notionals
Worst remaining deltas · computed vs reported
interest
| 2008-11-25 | A-1 | +33564.50 |
| 2008-11-25 | A-IO | -33564.41 |
| 2008-10-27 | A-1 | -33381.62 |
| 2008-10-27 | A-IO | +33381.08 |
| 2008-03-25 | A-IO | -18738.30 |
principal
| 2008-09-25 | B-6 | -0.01 |
| 2008-10-27 | B-6 | -0.01 |
| 2008-11-25 | B-6 | +0.01 |
| 2008-04-25 | B-6 | +0.01 |
| 2008-08-25 | B-6 | +0.01 |
ending balance
| 2008-11-25 | B-1 | +0.02 |
| 2008-12-26 | B-1 | +0.02 |
| 2008-12-26 | B-6 | -0.02 |
| 2008-08-25 | B-6 | -0.02 |
| 2008-04-25 | A-1 | +0.01 |