Skip to Content
https://mf.freddiemac.com/
Skip to Content

May 28, 2020

LIBOR Transition Playbook and FAQs Published

Debby Jenkins
 
Article By
Debby Jenkins, EVP Multifamily Business

 

Today, we take another step forward in our plans to transition away from LIBOR to SOFR as the index to calculate interest for floating-rate debt.

As FHFA announced today, Freddie Mac and Fannie Mae have jointly published a LIBOR Transition Playbook and FAQs to help the housing finance industry transition to SOFR. Both resources are now available on Freddie Mac’s new LIBOR Transition webpage.

The Playbook describes key transition milestones and recommended actions for stakeholders to consider as they manage the upcoming transition from LIBOR. Details will be periodically updated as new information becomes available, and the FAQs provide answers to frequently asked questions about the transition.You’ll find sections specific to Freddie Mac Multifamily in each document.

Freddie Mac Multifamily is committed to providing you with ongoing communications, updates and education about this transition, along with corresponding timelines and offering updates. If you have questions, or feedback, please send us an email to MFLIBOR@freddiemac.com.

We appreciate your partnership and look forward to a smooth transition.

  • Feedback

    Have a comment or question? Email us to let us know what's on your mind.

    Maximum of 250 characters.

    California residents can review our California Privacy Notice before providing information. For more general Privacy information, view our Privacy Policy.