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 7122

WAC 6 MONTHS OR LESS

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
SCMR7122	1993-03-31	2011-12-31	Yes	OTS 1313

Data Description:

Includes the weighted average coupon reported in percentage points 6 months or less. The WAC should be calculated using coupon rates for mortgage loans and pass-through rates for mortgage securities. For loans serviced by others, use the contract rate of the loans in this calculation. That is, do not subtract the servicing fee.

NOTE:

This item is reported as confidential.

Last update: Sep 03, 2026