Sixty seconds to data-inspired ideas about projecting mortgage prepayment speeds

If you're like me, you don't like to wait for stuff, especially when the delivery of that "stuff" is entirely in the hands of someone else. I don't mind doing a little work to get something though-- but I'm lazy, so it has to truly be "a little". So when it comes to something like projecting mortgage prepayment speeds, I'm in a bit of a pickle. In theory, I should be doing monte carlo simulations or transition models-- but I don't want to spend all the time / effort that would take (I could buy someone else's model, but that would be cheating...). However, what I can get quickly are strats. Of all sorts and all cuts and all shapes and sizes. 

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