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ARM Index Information

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Correlation ID:666d83a5-48ea-41e2-bd17-4bfae7ea4c82

Chapter 26-2 - Mortgage Eligibility, Pool, and Loan Package Requirements

After the initial fixed-rate period of a hybrid ARM, the interest rate of each mortgage in an ARM pool or loan package is subject to an annual adjustment, based on the eligible index options. The H-15 Release dates for the quarterly interest rate change listed above must be used when adjusting pool or loan package interest rates. See Chapter 26, section 2-A.3(a) of the Ginnie Mae Mortgage Backed Securities Guide for additional information.​

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Correlation ID:666d83a5-48ea-41e2-bd17-4bfae7ea4c82
Last Modified: 8/26/2018 12:18 PM