Usage Note 37350: A new rate-spread calculator is required for loans that have an application date of October 1, 2009 or later
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.
This calculator is required beginning on October 1, 2009.
An update to SAS® Fair Banking 4.1 is available via hot fix to adjust for the new rate-spread calculation.
Click 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 Datacenter Edition | 4.1 | 4.2 | 9.2 TS2M0 | 9.2 TS2M2 |
| Microsoft Windows Server 2003 Enterprise Edition | 4.1 | 4.2 | 9.2 TS2M0 | 9.2 TS2M2 |
| Microsoft Windows Server 2003 Standard Edition | 4.1 | 4.2 | 9.2 TS2M0 | 9.2 TS2M2 |
| 64-bit Enabled Solaris | 4.1 | 4.2 | 9.2 TS2M0 | 9.2 TS2M2 |
*
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.
| Type: | Usage Note |
| Priority: | high |
| Date Modified: | 2009-11-09 12:04:39 |
| Date Created: | 2009-10-06 07:45:53 |
