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Historical Scenario |
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Historical Scenario The assumption that the index value to which the interest rate on an ARM is tied follows the same pattern as in some prior historical period. In meeting their disclosure obligations in connection with ARMs, some lenders show how the mortgage payment would have changed on a mortgage originated some time in the past. That is not very useful. Showing how a mortgage originated now would change if the index followed a historical pattern would be useful, but nobody does it. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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| Aa Their alternate historical scenarios are not termed simply revisionist, but are demeaned as Holocaust denial. Stand-alone historical scenarios are included too, although the level of realism tends to be compromised for game balance. Many of us thought the historical scenario would unfold rather differently. |
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