Data Dictionary
Item Number 2733
MORTGAGE-BACKED PASS-THROUGH SECURITIES: ADJUSTMENTSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGL2733 | 1988-06-30 | 1994-03-31 | Yes | Multiple Forms |
Data Description:
Includes the net amount of yield adjustments to the contractual rate of interest income on mortgage-backed pass-through securities. If the net yield adjustment for the quarter decreases the contractual rate of interest income (i.e., is a debit), report the amount as negative.
Also includes:
1. Accretion of discounts on mortgage-backed pass-through securities, including those acquired through a merger accounted for as a purchase;
2. Amortization of premiums paid for mortgage-backed pass-through securities, including those acquired through a merger accounted for as a purchase; and
3. Any other yield adjustments to interest income earned during the quarter on mortgage-backed pass-through securities.
4. Retroactive adjustments to record the change between the estimated and actual yield on pools of loans.
Does not include amortization of deferred gains and deferred losses on futures and options positions hedging mortgage pool securities; reported in item 4283; and the write-offs of discounts, premiums, loan feeds, and other yield adjustments due to sale of the security. These amounts are included in the carrying value of the security when calculating the gain or loss on its sale; reported in item 3845 or 3850.