Q: What is the ARM Margin Index?

A: The ARM Margin trend shows the simple average of all HECM ARMs originated month by month.  

 

Q: Why did you create the ARM Margin Index?

A: The Index was created to give lenders insight into the average market rates actually originated.

 

Q: Where does Baseline get this data?

A: Baseline sees everything.  Everything??  Yes, everything.  Every single HECM originated and sold in HMBS securities is available for review in Baseline Universe at loan level.  For more info, give us a shout.