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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

If adopted, the proposal would become effective for taxable years beginning after December 31, 2023. On May 2, the Federal Housing Administration published Mortgagee Letter 2023-09 to implement provisions of the Adjustable-Rate Mortgages (ARM): Transitioning from LIBOR to Alternative Indices final rule. On April 25, the U.S.