It is the principal fatty acid present in carnauba wax (30% of the normal fatty acids). A major source is rice-wax bran (about 40%). Without double bonds or other functional groups, these fatty acids are nearly chemically inert and thus can be subjected to drastic chemical conditions (temperature, oxidation).
HPML - Calculating Repayment Ability. We are working on the Reg. Z changes that came out Oct. 1, in relation to a higher price mortgage loan (HPML). We offer one, three, or five year ARM loans which meet the test for a HPML. All three of our ARM types originate at an index + margin (fully indexed rate) and are subject to an adjustment either at one, three or five years based on whatever the index is at that time plus the same margin the loan originated with.
Part of the Fannie Maeâs âDay 1 Certaintyâ program stipulated that lenders use Desktop Underwriter for validation of borrowersâ income, assets, and employment. But how is Fannie Mae going to verify a borrowerâs assets? By using AccountChek from FormFree . . . Lost in all the hubbub about Fannie Maeâs big announcement this week that it would be offering lenders protection from buyback risk, provided the lender uses Fannie Maeâs Desktop Underwriter and Collateral Underwriter tools, was just how Fannie Mae intended to provide lenders with that protection.