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Glossary   >   P   >   "Public Securities Association Standard Prepayment Model - PSA" Definition            Public Securities Association Standard Prepayment Model - PSA An assumed monthly rate of prepayment that is annualized to the outstanding principal balance of a mortgage loan. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Public Securities Association Standard Prepayment Model - PSA - An assumed monthly rate of prepayment that is annualized to the outstanding principal balance of a mortgage loan.