Fannie Mae Selling Guide B2-1.4-02: Adjustable-Rate Mortgages (ARMs)
This topic contains information on ARMs, including:
Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- Overview
- Acceptable ARM Characteristics
- ARMs and Temporary Interest Rate Buydowns
- ARM Plan Indexes
- Standard Conventional ARM Plans
- Initial Note Rate Limitations
- Calculating the Fully Indexed Rate
- Determining ARM Acceptability
- Mortgage Margin
- Interest Accrual Rate Calculation
- ARMs and MBS Pools
- Pooling Standard Fannie Mae ARM Plans Without Special Disclosure
- ARM Disclosures
- Disclosures Regarding Availability of Index Values
- Disclosures Regarding Below-Market Interest Rates
- Disclosures Regarding Conversions
- Disclosures Regarding Assumption of ARMs
- Requirements Regarding Interest Rate and Monthly Payment Adjustments
- ARM Payment Shock
- DU Generic ARM Plans
- Generic ARM Underwriting Guidelines
- Loan-Level Price Adjustments
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.