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Data Dictionary

Item Number 8104

WTD AVG MARGIN 6 MONTHS OR LESS

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
SCMR8104	1993-03-31	2011-12-31	Yes	OTS 1313

Data Description:

Includes the weighted average margin of each ARM category reported in basis points, 6 months or less. The margin is the amount by which the contract rate of an ARM loan exceeds its index, and for an ARM security, the amount by which the pass-through rate exceeds the index. When calculating weighted average margins, use the net margin for securities (that is, not including servicing and guarantee fees). For loans serviced by others, use the gross margin in this calculation. That is, do not subtract the servicing fee.

NOTE:

This item is reported as confidential.

Last update: May 20, 2024