New York Fed posts loan rates for June 16 CMBS TALF operation

Posted by New York RealEstateRama
June 16, 2009

New York, NY - June 16, 2009 - (RealEstateRama) — The Federal Reserve created the Term Asset-Backed Securities Loan Facility (TALF), to help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities (ABS) collateralized by auto loans, student loans, credit card loans, equipment loans, floorplan loans, insurance premium finance loans, loans guaranteed by the Small Business Administration, residential mortgage servicing advances, or commercial mortgage loans.

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