Tag Archives: LIBOR

The Bureau issues an interim final rule that contains updates to reflect a new law and Federal Reserve Board regulation.

In establishing replacement rates for legacy LIBOR products, Fannie Mae has reached a key milestone necessary to prepare the mortgage marketplace for the end of LIBOR.

When it comes to foreclosures, what types of legal defenses should be expected? Legal League 100 Chair Stephen M. Hladik details the challenges that lie ahead for servicers and their attorney partners.

A criminal London Inter-Bank Offered Rate (LIBOR) rate-setting conspiracy that implicated major international banks has resulted in the Consumer Financial Protection Bureau (CFPB) finalizing a rule to transition away from the LIBOR interest rate index for all consumer financial products starting in 2022.  The rule establishes how creditors must select replacement indices for existing ...

The Bureau issued three items related to the transition from the London Interbank Offered Rate.

Fannie Mae and Freddie Mac's websites contain information about resources and products, including the Enterprises’ jointly published London Interbank Offered Rate Transition Playbook.

The London Inter-Bank Offered Rate, is nearing its end, and set to expire sometime after 2021, with the Secured Overnight Financing Rate, or SOFR taking its place.

Market participants will look to Fannie Mae, Freddie Mac, and their regulator for guidance on how to handle the shift to SOFR with minimal disruption to the US mortgage market.

LIBOR, the London Inter-Bank Offered Rate, is expected to discontinue sometime after 2021, but as the index used to set many adjustable mortgage rates, what will happen next?

LIBOR, the index for setting loan rates for reverse and ARM mortgages, is to be replaced by 2021… so what comes next?