Cryptocurrency Q&A
Is the CMT index going away?
Is the CMT index going away?
AltcoinAdventurer
Mon Nov 04 2024
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6 answers
1094
I heard some news about the CMT index recently and I'm wondering if it's going away. I use it quite often for my work so it would be a big deal if it did. Can anyone confirm if this is true or not?
6 answers
ZenBalance
Wed Nov 06 2024
The retirement of CMT Adjustable-Rate Mortgage Products marks a significant shift in our lending practices.
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GeishaWhisper
Tue Nov 05 2024
Last year, we began accepting delivery of loans that are tied to the SOFR, and this transition has been proceeding smoothly.
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Bianca
Tue Nov 05 2024
Despite the CMT index continuing to exist, we have made the decision to cease acquiring loans that are based on this particular index.
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EmmaWatson
Tue Nov 05 2024
This change is a part of our ongoing efforts to adapt to the evolving financial landscape.
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OliviaTaylor
Tue Nov 05 2024
It is worth noting that we have already introduced several new ARM plans that are tied to the Secured Overnight Financing Rate (SOFR).
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