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10. Tracking ARMs |
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10. Tracking ARMs |
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Introduction
This topic contains information on tracking ARMs, including
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ARM suffix codes |
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DE suffix codes, and |
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ARM-type indicators. |
Change Date
May 10, 2009
4155.1 6.B.10.a ARM Suffix Codes
In order to track ARM activity, case number suffix codes (Section of the Act Automatic Data Processing (ADP) Codes) are
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indicated on all Form HUD-92900 application addendums, and |
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printed on Form HUD- 59100, Mortgage Insurance Certificate. |
4155.1 6.B.10.b DE Suffix Codes
The table below lists the suffix codes for DE cases.
Eligible Program |
Section of the Act Suffix Code |
203(b) |
729 |
223(e) |
829 |
203(k) first lien |
730 |
234(c) |
731 |
247 Hawaiian Homelands |
780 |
248 Indian Lands |
788 |
203(k) Condominium |
815 |
4155.1 6.B.10.c ARM Type Indicators
In addition to the ADP suffix codes assigned to ARMs, a hybrid ARM-type indicator has been added to the FHA's Computerized Home Underwriting Management System (CHUMS).
When submitting loan data to FHA via the FHA Connection, or its functional equivalent, the lender must identify the type of ARM, if the ARM is indicated by an ADP code, by selecting the one, three, five, seven, or ten year ARM-type indicator.