LIBOR Termination Has Potential to Benefit ARM and Reverse Mortgage Borrowers as Index Shifts to SOFR
November 1, 2018
Borrowers with adjustable-rate and reverse mortgages may benefit significantly from the phase-out of the London Interbank Offered Rate (LIBOR), according to new research by the Urban Institute. But the news is not so good for investors.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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