U.S. RMBS Market Prepares for the Cessation of LIBOR

The move away from the London Interbank Offered Rate (LIBOR) has been aptly described as “landmark transition” that has the financial industry mobilizing ahead of a looming deadline.[1] The one-week and two-month US dollar LIBOR will cease permanently on December 31, 2021 and the publication of the overnight and 12-month US Dollar LIBOR setting will […]