How do I identify the index used to calculate the reset rate for an ARM PC?
The index of each ARM PC is available on Freddie Mac’s Mortgage Securities Web site from the PC Security Lookup page. To obtain the index, type in the ARM PC CUSIP or pool number and select the “Description” option and then click on “Submit.” A more detailed description of the indices is available in the Offering Circular for Mortgage Participation Certificates available on the Legal Documentation page.