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Real Estate & Property Law
: Housing WireHere Comes the Commercial Bailout
By DIANA GOLOBAY
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After months of watching from the sidelines, there are two newcomers to the Term Asset-Backed Securities Loan Facility (TALF) playground.
The Federal Reserve on Friday announced commercial mortgage-backed securities (CMBS) and securities backed by insurance premium finance loans as of June are eligible collateral for TALF participation. The additions are aimed at stimulating lending in the [...]Full post as published by Housing Wire on May 04, 2009 (boomark / email).
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