What Goverment Agency Is Responsible for the Indexes Taht Adjustable Rate Mortgages Are Based on?
The government agency responsible for the adjustable rate mortgages indexes is HUD. HUD states for the Housing and Urban Development. They oversee the FHA and other agencies that deal with housing. You can find more information here: http://www.hud.gov/offices/hsg/sfh/buying/glossary.cfm