Source
CSBS/AARMR Guidance on Nontraditional Mortgage Product Risks, November 2006
12 pages.
This is not law
The state regulators' adoption of the 2006 federal interagency guidance on nontraditional mortgage products (interest-only and payment-option loans): loan terms, underwriting, risk layering, portfolio management and consumer disclosure expectations for state-supervised lenders and brokers. Not law; guidance. CSBS and AARMR copyright: pointed to, never quoted. The term nontraditional mortgage product itself is defined in the SAFE Act, 12 USC 5102, and that is the citation for the definition.
- Cited as
- CSBS/AARMR Guidance on Nontraditional Mortgage Product Risks, November 2006
- Pages
- 12
- Official copy
- PDF from the publisher
Why the wording is not on this page
The wording belongs to its publisher, Conference of State Bank Supervisors, so this page says what the document is, which edition it is, and links to the official copy. We do not reproduce it here.
How a question cites it
A citation to this document carries the page number, an exact quote, and the anchor of the page it is on, which counts the pages of the file and not the numbers printed on them. You can check every claim against the copy linked above.