Data Dictionary
Item Number 7223
MORTGAGE LOANS AND CONTRACTS - FIRST MORTGAGE LOANS - ADJUSTABLE-RATE: 1-4 DWELLING UNITS - CURRENT MARKET INDICES, (TREASURY, LIBOR) - PORTFOLIO RATE (%)Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVG17223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVG27223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVG37223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVG47223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVG57223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVG67223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVG77223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVG87223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
| SVGL7223 | 1989-06-30 | 1992-12-31 | Yes | Multiple Forms |
Data Description:
Includes the weighted average portfolio rate on Lines H010 through H017 for adjustable-rate loans indexed to Current Market Indices. These rates are the weighted average annual simple (coupon) interest rates. These entries are based on the contractual interest rates of the corresponding balance sheet items, unless otherwise specified. Does not include loans in process or nonperforming loans in this calculation.
The weighted average portfolio rate calculation includes the pass-through coupon rate for pass-through securities, not the coupon rate on the underlying collateral of the pass-through security. Similarly, the weighted average portfolio rate calculation includes the net coupon rate after servicing for mortgage loans for which the institution has sold the servicing rights.
Example: Assume there is a $100,000 mortgage with an interest rate of 10% and a $200,000 mortgage with an interest rate of 11%. The weighted average portfolio rate is 10.67%.
Weighted Average Portfolio Rate = $100,000(10%) + $200,000(11%) = $300,000 = 10.67%
NOTE:
Data reported under mnemonics SVG1 thru SVG8.