Actually the most common forms of predatory borrowing are not listed at the end of page 140.
Also can you explain how prepayment and refinancing are related to predatory borowwing?
what is the difference in the effect of voluntary prepayment rates and involuntary prepayemen: don’t they both reduce principal. I can’t get what you mean by high and front loaded assumptions on the path of voluntary prepayments by conservative models? Does this assumption by conservative models hurt or protect the investor?