|
|
Article: Real Estate Roundtable Commends Federal Reserve's Expansion of the Term Asset-Backed Securities Loan Facility TALF.(Discussion)
- Article from:
- Economics Week
- Article date:
- May 22, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Real Estate Roundtable today commended the Federal Reserve's decision to expand the Term Asset-Backed Securities Loan Facility (TALF) to include newly-issued, highly-rated commercial mortgage backed securities (CMBS) as eligible collateral - beyond short-term auto, consumer, student, and small business loan asset backed securities (ABS) that already qualify - and to extend the term of the TALF program from three years to a five-year term.
"The Fed's action to expand TALF is a bold, necessary response. These policies will have tangible benefits to credit markets and play a crucial role in getting the economy back on its feet," stated Roundtable President and ...
Related newspaper, magazine, and journal articles:
|
|
Article: The Real Estate Roundtable Endorses ...
U.S. Newswire;
January 29, 2008 ;
552 words
... ... Jowyk or Scott Sherwood, both of the Real Estate Roundtable, +1-202-639-8400 Real Estate Roundtable President and CEO, Jeffrey D. DeBoer ... restore credit pricing confidence. The Real Estate Roundtable brings together leaders of the nations ...
|
|