Ginnie Mae Updates Applicability of ARRC LIBOR Fallback Recommendations
By EsqSocial Corporation 27/10/20
Ginnie Mae recently issued Multiclass Participant Memorandum 20-03 (MPM 20-03) to announce the adoption of the Alternative Rates Reference Committee (ARRC) recommendations for fallback language for LIBOR floating rate securities issued before March 2020....
By: Weiner Brodsky Kider PC