Statement
FHFA Statement in Support of the Alternative Reference Rates Committee's (ARRC) White Paper on Transition to SOFR

07/11/2019

“FHFA commends the work of the ARRC and the release today of a White Paper outlining a framework for developing newly-originated consumer residential ARM products using SOFR. FHFA is committed to the important work of developing a path to a successful transition away from LIBOR.”

This statement may be attributed to FHFA Principal Deputy Director Adolfo Marzol.

Media: Stefanie Johnson (202) 649-3030

Statement FHFA Statement in Support of the Alternative Reference Rates Committee's (ARRC) White Paper on Transition to SOFR

Statement
FHFA Statement in Support of the Alternative Reference Rates Committee's (ARRC) White Paper on Transition to SOFR