Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Micro Data Reference Manual

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Data Dictionary

Item Number 8114

WTD AVG TIME UNTIL NEXT PAYMENT RESET 6 MONTHS OR LESS

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
SCMR8114	1993-03-31	2011-12-31	Yes	OTS 1313

Data Description:

Includes the weighted average number of months until the next payment reset, reported in months, 6 months or less. The date of the next payment reset of an ARM is defined as the date on which the new payment is due to be received by the institution, not the date on which the loan begins to accrue at the new interest rate.

NOTE:

This item is reported as confidential.

Last update: May 20, 2024