Marksman products can currently be based on a 1-Year LIBOR or UST index. FNMA's new 5/5 ARM product uses a 5-Year CMT.
FNMA is releasing Oct 30
|Revenue or Retention?||Retention|
|Impact to Existing Customers||Multiple|
|Business Value||1 - Important to a few or none, little or no impact on brand, little or no competitive advantage|
|Urgency||2 - Minimally time constrained|