Fannie Mae Issues Lender Letter Detailing Retirement of CMT ARM Products
By EsqSocial Corporation 25/02/21
Earlier this month, Fannie Mae issued Lender Letter LL-2021-05, elaborating on Fannie’s advanced notice of its intention to cease purchasing Adjustable-Rate Mortgage (ARM) products that use the Constant Maturity Treasury (CMT) index as described in Lender Letter LL-2020-02....
By: Weiner Brodsky Kider PC