The story seems slightly different for FRM Part 2 pass rates. With a 14-year average of 56%, FRM Part 2 pass rates has been consistently above 50% for the last 14 years, with the lowest point in May 2016 with 50%. The latest May/Aug 2024 FRM Part 2 pass rate is 52%. Interesting...
CFA近三年通过率：June 2017 exam pass rate:Level I: 43% Level II: 47% Level III: 54% June ...
FRM与CFA双持证的过来人，可以这么说：FRM是一个性价很高的认证，不算难考，但非常有用。
函数的解释变量包括原来利率和目前贷款利率的差额(这个由prevail mortgage rate决定) 、mortgage age(正比)、利率期限结构的斜率(是point pay(-) 吗),季节性因子、地理位置和amout outstanding (+). 2.mortgage pass-through(抵押贷款转交型证券)是以一组抵押贷款发行的债券,贷款人所支付的现金流,通过银行和处理机构...
2 实践出真知做题的过程总要善于找出题干长的题目，首先考虑你是准备在考试的前期还是后期解决它。在面对这些题目的时候，首先找出关键词和数字，一般有这些就足以解决。如果还不能解决的话，一个字，pass。别在这题上浪费时间。还有就是找出那些你一眼就能看出答案的题目。这能够帮助你为了其他题目节省时间，同时...
举个🌰:通过再学习Term and Reversion Approach和Layer method的视频,我能够讲出来这两个方法是用于合约期间的估值,当market rent 和 contract rent不一样的时候,前者第二阶段用Terminal cap rate折现,后者是第二阶段的增值部分用用Terminal cap rate折现。
7、IO和PO是strippedMBS的两种基本形式。随时间的性质前面已经讲过,其价格和mortgagerate之间的关系如下:IO成正比,PO和PASSTHROUGH成反比,这和时间的关系相反,IO和PO是从mortgagepass-through衍生出来的,他们的价格波动性是要大于mortgagepass-through的,PO在利率较低的情况下显示了一定的负凸性。
Of those who took Part I and Part II between 2010–2017, the average pass rate was 46% for Part I and 57% for Part II. Here are 5 tips to help you join the ranks of Certified FRMs. Tip #1: Become Familiar with the FRM® Exam Topics Part I of the FRM exam consists of 100...
7.IO和PO是stripped MBS的两种基本形式。随时间的性质前面已经讲过,其价格和mortgage rate之间的关系如下:IO成正比,PO和PASSTHROUGH成反比,这和时间的关系相反,IO和PO是从mortgage pass-through衍生出来的,他们的价格波动性是要大于mortgage pass-through的,PO在利率较低的情况下显示了一定的负凸性。
The pass rates for FRM Part 1 fall in the range of 40% to 50%; in 2023, the pass rate was 45%. For Part 2, they range between 50% and 60%, with a rate of 53% in 2023. For the CFA exams, historical pass rates for Level 1 and Level 2 are generally in the range of 35%...