SOFR

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[PULSE] The shift from LIBOR to SOFR is on the horizon – Are you ready?

Feb 28, 2020By

Effective January 3, 2022, the mortgage industry will cease using the long-standing LIBOR and, instead, adopt the new Secured Overnight Funding Rate (SOFR). With billions of dollars in ARM assets tied to the LIBOR index, this will have huge implications for the mortgage industry – and the consumers it serves.

3d rendering of a row of luxury townhouses along a street

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