LIBOR

The LIBOR is a benchmark index, also known as a reference rate, that is commonly used in millions of adjustable rate mortgages, Home Equity Line of Credit (HELOCs), and student loans. Although it is still widely used, the index will no longer be available after June 30, 2023.

The LIBOR Is Ending: What Consumer Advocates Should Know

May 3, 2023

The LIBOR is a benchmark index, also known as a reference rate, that is commonly used in millions of adjustable rate mortgages, home equity lines of credit (HELOCs), and student loans. Although it is still widely used, the index will no longer be available in its current form after June 30, 2023 and will cease…

Read More about: The LIBOR Is Ending: What Consumer Advocates Should Know

FROM THE NCLC DIGITAL LIBRARY

Mortgage Servicing and Loan Modifications

The most complete treatise on the new loan modification programs and rights to deal with mortgage servicers.

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