February 5, 2020

Lender Letter LL-2020-01 – Important Updates to Adjustable-Rate Mortgage (ARM) Products

We've issued a Lender Letter to help prepare our customers for a successful transition from LIBOR ARMs to new SOFR ARM products. Lender Letter LL-2020-01 provides details on updated ARM instruments, retirement of LIBOR ARMs, SOFR ARMs, and the future retirement of CMT ARMs.

Have questions?

Get answers to your policy and guide questions, straight from the source.

Get Started