Fannie Mae Selling Guide E-3-25 — Acronyms and Glossary of Defined Terms: Y
Fannie Mae Selling Guide E-3-25 — Acronyms and Glossary of Defined Terms: Y. Full verbatim text as published by Fannie Mae.
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Verbatim provisions from Fannie Mae Selling Guide E-3-25 — Acronyms and Glossary of Defined Terms: Y — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Fannie Mae Selling Guide E-3-25 — Acronyms and Glossary of Defined Terms: Y
E-3-25, Acronyms and Glossary of Defined Terms: Y (05/30/2017) yield Return on an investment. yield difference (or interest rate differential) The difference between Fannie Mae’s required yield and the net note rate of an ARM. Fannie Mae limits the amount of this difference. yield differential adjustment An amount paid to the servicer of a whole first mortgage when the initial interest rate of a mortgage exceeds Fannie Mae’s required yield for the commitment under which the mortgage was purchased.
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Source of record: https://claudeforcompliance.com/regs/fnma-sel-e-3-25/
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