federal_register: 06-5494

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
06-5494 Adjustable Rate Mortgages-Additional Index Proposed Rule This rulemaking proposes to add the one-year London Interbank Offered Rate (LIBOR) as an acceptable index for the rate of HUD-insured Adjustable Rate Mortgage (ARM) products. Under current regulations, only the weekly average yield of U.S. Treasury securities, adjusted to a constant maturity of one year (commonly referred to as the Constant Maturity Treasury index (CMT)), may be used to adjust interest rates on HUD-insured ARMs. 2006-06-19 2006 6 https://www.federalregister.gov/documents/2006/06/19/06-5494/adjustable-rate-mortgages-additional-index https://www.govinfo.gov/content/pkg/FR-2006-06-19/pdf/06-5494.pdf Housing and Urban Development Department 228 This rulemaking proposes to add the one-year London Interbank Offered Rate (LIBOR) as an acceptable index for the rate of HUD-insured Adjustable Rate Mortgage (ARM) products. Under current regulations, only the weekly average yield of U.S. Treasury... 2502-AI32

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