Fannie Mae and Freddie Mac are well aware of the issue and have leeway to replace LIBOR with another benchmark when the time comes, industry officials said.
The TRID amendments, which were finalized in July, codify the CFPB’s informal guidance on various issues and makes additional clarifications and technical amendments.
Although Fannie and Freddie continue to earn money hand over fist, their common shares are probably worth just $1 a piece, according to a new research report…