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Website for Average Prime Offered Rate

Answered by: 

Question: 
Can you tell me the exact web site to find the Average Prime Offered Rate that is used to determine if a loan is HPML?
Answer: 

Open the FFIEC rate spread calculator and then refer to "Average Prime Offer Rates” Tables.

First published on BankersOnline.com 5/9/11

First published on 05/09/2011

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Filed under lending as: 

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