FFIEC Rate Spread Calculator
The FFIEC has developed the Rate Spread Calculator to assist HMDA reporting institutions with the new Regulation C requirements for reporting Rate Spread data effective for 2004 HMDA data and forward. The Rate Spread Calculator generates the spread between the Annual Percentage Rate (APR) and the comparable treasury security utilizing the "Treasury Securities of Comparable Maturity under Regulation C" table, action taken, lock-in date, APR, term (loan maturity), and lien status. A
Batch Rate Spread Calculator
is also available to allow institutions to calculate the rate spread on multiple Loan Application Registers (LARs).
The
"Treasury Securities of Comparable Maturity under Regulation C " table
is available in ASCII comma delimited format to view, print and download. See
Help
for more details.
Action Taken:
1 - Loan Originated
(Info)
Lock-In Date (mm/dd/ccyy)
APR (00.00)%
Term (Years, Whole Number)
Lien Status
1 - Secured by a first lien
2 - Secured by a Junior lien
3 - Not secured by a lien
4 - NA (purchased loan)
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