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LIBOR

Fannie Mae and Freddie Mac to Announce LIBOR Replacement Indexes | Ballard Spahr LLP | Jobs Vox

[ad_1] Following the Federal Reserve Board’s adoption of a final rule under the LIBOR Act, Fannie Mae and Freddie Mac announced replacement indices for their legacy London Interbank Offered Rate (LIBOR)-based loans and securities. As expected, Fannie Mae and Freddie Mac selected the appropriate tenor of single-family mortgages and related mortgage-backed securities. The transition to … Read moreFannie Mae and Freddie Mac to Announce LIBOR Replacement Indexes | Ballard Spahr LLP

| Jobs Vox

Fannie Mae and Freddie Mac to Announce LIBOR Replacement Indexes | Jobs Vox

[ad_1] Following the adoption of the Federal Reserve Board’s final rule under the LIBOR Act, Fannie Mae and Freddie Mac announced replacement indices for their legacy London Interbank Offered Rate (LIBOR)-based loans and securities. As expected, Fannie Mae and Freddie Mac chose a tenor corresponding to the spread-adjusted CME term secured overnight funding rate (SOFR). … Read moreFannie Mae and Freddie Mac to Announce LIBOR Replacement Indexes

| Jobs Vox

Freddie Mac announces replacement rates for its Legacy LIBOR contracts | Jobs Vox

[ad_1] Freddie Mac MCLEAN, Va., Dec. 22, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC ) announced today that it will transition its legacy U.S. dollar (USD) LIBOR-indexed contracts to an index based on the safe overnight funding rate. (SOFR) for loans and securities for which Freddie Mac is responsible for selecting the replacement index. … Read moreFreddie Mac announces replacement rates for its Legacy LIBOR contracts

| Jobs Vox

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