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FRM |
Also found in: Financial | 0.01 sec. |
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The elastic modulus of the FRM demonstrated a similar response. Although the performance history on these new loan types is limited, Fitch views the 40-year FRM as having slightly higher risks, and the IO loan as having slightly to moderately higher risks (depending on the loan term) than the SHFA 30-year FRM option. Except for the 50-year FRM, both the ARM and FRM products have a 7%-11% larger balance than their 30-year counterparts by year 10. |
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