Document Updates and New Programs: Secured Overnight Financing Rate (“SOFR”)
Fannie Mae and Freddie Mac have jointly published a LIBOR Transition Playbook and FAQs to help the housing finance industry transition to SOFR:
https://www.fanniemae.com/portal/funding-the-market/libor/libor-transition.html
http://www.freddiemac.com/about/libor-transition.html
The Playbook includes the following table:
Support has been added to ConformX for the new FNMA/FHLMC SOFR products announced here: https://compliance.docutech.com/2020/04/01/compliance-news-fhlmc-releases-new-sofr-arm-notes-and-arm-riders/….