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Fannie said the LIBOR transition for 25 legacy CMOs resulted in one version of SOFR for the CMO itself and another version of SOFR for the related derivatives. This could result in payment mismatches.
Fannie said the LIBOR transition for 25 legacy CMOs resulted in one version of SOFR for the CMO itself and another version of SOFR for the related derivatives. This could result in payment mismatches.