Fannie Mae Servicing Guide F-3-25 — Acronyms and Glossary of Defined Terms: Y

fnma-svc-f-3-25

Fannie Mae Servicing Guide F-3-25 — Acronyms and Glossary of Defined Terms: Y.

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      paragraph_quote: 'F-3-25, Acronyms and Glossary of Deﬁned Terms: Y (11/12/2014) yield diﬀerential adjustment An amount paid to the servicer of a portfolio ﬁrst mortgage loan when the initial interest rate of a mortgage loan exceeds Fannie Mae’s required yield for the commitment under which the mortgage loan was purchased. For ARM loans, a yield diﬀerential adjustment occurs if there is excess “margin” rather than yield.'

Verbatim regulatory text (1)

Verbatim provisions from Fannie Mae Servicing Guide F-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 Servicing Guide F-3-25 — Acronyms and Glossary of Defined Terms: Y

F-3-25, Acronyms and Glossary of Deﬁned Terms: Y (11/12/2014) yield diﬀerential adjustment An amount paid to the servicer of a portfolio ﬁrst mortgage loan when the initial interest rate of a mortgage loan exceeds Fannie Mae’s required yield for the commitment under which the mortgage loan was purchased. For ARM loans, a yield diﬀerential adjustment occurs if there is excess “margin” rather than yield.

Source: Fannie Mae Servicing Guide F-3-25 — Acronyms and Glossary of Defined Terms: Y · source URL · snapshot cf63a82bbb4adfba