ICE Launches Average Prime Offer Rates (APOR) Index
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ICE Launches Average Prime Offer Rates (APOR) Index
The index, which is updated weekly and available on the ICE Index Platform, is said to aim to complement the APOR figures currently published by the Consumer Financial Protection Bureau (CFPB). The exchange explained that ICE APOR reflects the annual percentage rates based on average interest rates, points, fees and other terms offered on prime mortgage loans. It is said to use the same loan origination data, sourced from ICE Mortgage Technolog…
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