UPDATE 1-Fannie, Freddie to eventually end buying of LIBOR mortgages -FHFA's Calabria
July 17, 2019 at 17:52 PM EDT
Fannie Mae and Freddie Mac will eventually halt purchases of U.S. home loans linked to the London interbank offered rate (LIBOR) as that index is set to be phased out after 2021, Mark Calabria, the head of the Federal Housing Finance Agency, told Reuters on Wednesday.