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Real Estate & Property Law

: Housing Wire

TALF Expands to Include Legacy CMBS

By KELLY CURRAN

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As of July, certain high-quality commercial mortgage-backed securities (CMBS) issued before January 1, 2009 will be eligible collateral under the Term Asset-Backed Securities Loan Facility (TALF), the Federal Reserve Board said today. The TALF program is aimed at stimulating lending by allowing private investors to purchase securities with a matching government investment. The Fed in early May [...]

Full post as published by Housing Wire on May 19, 2009 (boomark / email).

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