UPDATE 1-Fannie, Freddie to eventually end buying of LIBOR mortgages -FHFA’s Calabria
Fannie Mae and Freddie Mac
will eventually halt purchases of U.S. home loans linked to the
London interbank offered rate (LIBOR) as that index is set to be
phased out after 2021, Mark Calabria, the head of the Federal
Housing Finance Agency, told Reuters on Wednesday.
will eventually halt purchases of U.S. home loans linked to the
London interbank offered rate (LIBOR) as that index is set to be
phased out after 2021, Mark Calabria, the head of the Federal
Housing Finance Agency, told Reuters on Wednesday.
Posted by Reuters
