Problem Note 36359: A new rate-spread calculator is required if the loan application date is on or after October 1, 2009
The Federal Financial Institutions Examination Council developed a new rate-spread calculator to assist HMDA-reporting institutions with the 2008 Regulation C amendments for reporting rate-spread data effective October 1, 2009 and forward.
An update to SAS® Fair Banking 8.1 is available via hot fix
to adjust for the new rate-spread calculation.
Select the Hot Fix tab in this note to access the hot fix for this issue.
Operating System and Release Information
| SAS System | SAS Fair Banking Server | Microsoft Windows Server 2003 Standard Edition | 8.1 | | 9.1 TS1M3 SP4 | |
| Microsoft Windows Server 2003 Enterprise Edition | 8.1 | | 9.1 TS1M3 SP4 | |
| Microsoft Windows Server 2003 Datacenter Edition | 8.1 | | 9.1 TS1M3 SP4 | |
| 64-bit Enabled AIX | 8.1 | | 9.1 TS1M3 SP4 | |
| 64-bit Enabled Solaris | 8.1 | | 9.1 TS1M3 SP4 | |
*
For software releases that are not yet generally available, the Fixed
Release is the software release in which the problem is planned to be
fixed.
The FFIEC developed a new rate-spread calculator to assist HMDA reporting institutions with the 2008 Regulation C amendments for reporting rate- spread data effective October 1, 2009 and forward. An update to SAS
® Fair Banking 8.1 is needed for the new rate-spread calculation.
| Type: | Problem Note |
| Priority: | high |
| Date Modified: | 2009-10-06 14:08:29 |
| Date Created: | 2009-06-25 12:37:54 |
