Current Nrei Newsletters

Subscribe to Newsletters

Join the Conversation

Will TALF Expansion Jumpstart CMBS Lending?

Published Monday, May 04, 2009

The Federal Reserve announced that it will expand the Term Asset-Backed Security Loan Facility, or TALF, to include AAA-rated securities backed by new and recently originated commercial mortgage loans.  The move is intended to grease the wheels of borrowing for commercial mortgage-backed securities (CMBS). The TALF program allows investors to secure low-cost loans from the Fed to purchase securities backed by consumer debt, such as credit card debt and car debt. The expanded program will include commercial mortgage securities debt. “The inclusion of CMBS as eligible collateral for TALF loans will help prevent defaults on economically ...

To continue reading this article, please register or login – it’s quick and free…

Member Login

Forgot password? Need Help?

Enter your email address below, and we'll email your password.

Are cookies enabled in your browser?

This site uses cookies and session data to keep track of your name and preferences while you're logged in. You cannot login without enabling cookies.

One Step Registration

Fill out the form below for instant access to the page you’ve requested.

Website members also receive access to our entire archive and may apply for a complimentary subscription to our print magazine.
All fields are required Personal Info
  Required Must be a valid email
  Required Passwords must match
  Required
  Required
  Required
  Required
  Required
  Required
  Required

National Real Estate Investor Magazine

Submit the form for instant access to the page you've requested.

Quick Poll

NREI Interactive Products

Blogs

  • Green Shoots

  • BlackSwan

  • Traffic Court

Marketplace Ads