FFIEC Releases New Rate Spread Calculator for HMDA Reportable Loans
To calculate rate spreads for HMDA reportable loans, use a different calculator depending on the final action date:
- Use the new calculator available on the CFPB website if final action was taken on or after January 1, 2018.
- Use the calculator below if final action was taken between January 1, 2010, and December 31, 2017.
- Use this calculator if final action was taken before January 1, 2010.
Rate Spread Calculator for final action taken between January 1, 2010, and December 31, 2017