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Loan Modification

: Mortgage Lender Implode-o-Meter

TALF Expands to Include Legacy CMBS

By Implode-Explode Heavy Industries

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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."

Full post as published by Mortgage Lender Implode-o-Meter on May 20, 2009 (boomark / email).

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