band is the PSA range within which certain performance measures such as yield and average life are set for a CMO tranche. This range is expressed in terms of PSA speeds. Differences between predicted speeds and the actual speeds subsequently experienced can cause bracket creep.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). band. Retrieved September 23, 2026, from http://smartdefine.org/band/definitions/1148310 |
| Chicago | Barry Goldsmith. 2010. "band" http://smartdefine.org/band/definitions/1148310 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, band, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/band/definitions/1148310>. |
| MLA | Barry Goldsmith. "band" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/band/definitions/1148310> |