Ginnie Mae Announces Ending of New LIBOR-Indexed Multiclass Securities
Ginnie Mae not long ago issued MPM 21-01 which informs participants in the Multiclass Securities Software that, efficient with January 2022 transactions, Ginnie Mae will no longer permit the issuance of new Multiclass Securities that bear curiosity at a rate established by reference to LIBOR……
By: Weiner Brodsky Kider Computer system
