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Addendum To Monthly Accounting Report (Adjustable Payment Mortgage Pool) HUD-11748-C - Official Federal Forms
| Addendum To Monthly Accounting Report (Adjustable Payment Mortgage Pool) Form. This is a national form and can be used in US Department Of Housing And Urban Development . |
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Addendum to Monthly Accounting Report Adjustable Rate Mortgage Pool Or Loan Package U.S. Department of Housing and Urban Development Government National Mortgage Association OMB Approval No. 2503-0033 (Exp. 11/30/2008) Public reporting burden for this collection of information is estimated to average 1 minute per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. The information is required by Sec. 306(g) of the National Housing Act or by Ginnie Mae Handbook 5500.3, Rev. 1. The purpose is to provide Ginnie Mae with information concerning annual changes in the interest rate on the securities and the mortgages, including changes to the fixed installment control for the pool or loan package. This form is to be submitted annually, with form HUD 11710-A submitted one month prior. Issuer Name Ginnie Mae Pool or Loan Package Number Reporting Month Issuer Number Mortgage/Security Interest Adjustment Date April 1 July 1 October 1 January 1 Current Year (rate or amount) Next Year (adjusted rate or amount) Security Interest Rate (Next year rate calculated at either CMT or LIBOR index _____________ plus Security Margin __________________________________ limited by annual and life-of-the-loan caps: 1-, 3- and 5-Yr ARMs = 1/5 caps; 7- and 10-Yr ARMs = 2/6 caps and rounded) __________________________ % __________________________ % Mortgage Interest Rate For pool or loan package (weighted average interest rate if there is more than one mortgage rate in pool or loan package, Section 1A Block D of form HUD 11710-A) __________________________ % __________________________ % Range of Mortgage Rates Lowest Mortgage Rate Highest Mortgage Rate __________________________ % __________________________ % __________________________ % __________________________ % Principal Amount of Securities From form HUD 11710-A Section 3 (Current Amount line A, Next Year Amount line D) $ _________________________ $ _________________________ Beginning FIC FIC Adjustment (+ or - ) $ ______________________ Adjusted FIC Fixed Installment Control $ ______________ $ ______________________ Submit an original and two copies Page 1 of 1 form HUD-11748-C (02/2008) ref. Ginnie Mae Handbook 5500.3, Rev. 1 American LegalNet, Inc. www.FormsWorkflow.com
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