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Term Asset-Backed Securities Loan
Facility |
| 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. |
| Announcements |
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| New York Fed announces $1.4 billion in Legacy CMBS and $72.2 million in New Issue CMBS loans requested at November 17 facility November 17, 2009 |
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| New York Fed announces December 3 TALF Operation November 13, 2009 |
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| New York Fed issues revised TALF documents: Documents and Forms FAQs Terms and Conditions November 13, 2009 |
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