Skip to main content

New Form: Adjustable Rate Mortgage Disclosure Possible Discontinuation of LIBOR

The Mortgage Bankers Association (MBA) has created a sample disclosure for lenders to share with consumers applying for an adjustable-rate mortgage. The disclosure informs consumers about the possible discontinuation of the London Interbank Offered Rate (LIBOR) which may result in a change to their monthly payment if their loan is tied to a new published index.

RSS Feed

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.