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Ginnie Mae to Bar Libor-Based Loans from Pools

September 21, 2020

National Mortgage News, Sept. 21, 2020–Bonnie Sinnock (subscription)
Government mortgage-bond insurer Ginnie Mae will restrict the pooling of certain adjustable-rate mortgages ahead of plans to phase out Libor at the end of next year.
https://www.nationalmortgagenews.com/news/ginnie-mae-to-bar-libor-based-loans-from-pools

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