Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 2731

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes the net amount of yield adjustments to contractual interest income on mortgage loans and contracts. If the net yield adjustment for the quarter decreases the contractual rate of interest income (i.e., is a debit), report as a negative.

Includes:

1. Accretion of discounts on mortgage loans and participations purchased, including those acquired   through a merger accounted for as a purchase;

2. Accretion of deferred mortgage loan fees, net of any capitalized origination costs;

3. Amortization of premiums paid for mortgage loans and participations purchased, including those   acquired through a merger accounted for as a purchase; and

4. Any other yield adjustments to interest income earned during the quarter on mortgage loans and   contracts.

Does not include:

1. Accretion of deferred gains or amortization of deferred losses on futures and options hedging mortgage   loans; these yield adjustments are accreted to income "Accretion of Deferred Gains on: Futures/Options   Hedging Assets (4283)";

2. The write-off of discounts, premiums, loan fees, or other yield adjustments due to sale of the loan; these   amounts are included in the calculation of the gain or loss on the sale of the loan and reported in item   3847 or 3852.