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Federal Reserve Releases Additional Information Regarding the Term Asset-Backed Securities Loan Facility

Updated FAQs and documentation provide additional information regarding the TALF program’s operations and dates for the first loans. On May 20, 2020, the Federal Reserve announced the TALF program’s first subscription date...more

Federal Reserve Releases Updated Term Asset-Backed Securities Loan Facility (TALF) Term Sheet

Updates and FAQs further expand the scope of the program and provide additional clarity regarding eligibility criteria and program requirements. On May 12, 2020, the Federal Reserve released an updated term sheet and FAQs,...more

Federal Reserve Expands Scope of New Term Asset-Backed Securities Loan Facility (TALF): Update

Certain commercial mortgaged-backed securities and collateralized loan obligations are now eligible. On April 9, 2020, the Federal Reserve announced it is taking additional actions to support further credit flow to...more

Federal Reserve Announces New Term Asset-Backed Securities Loan Facility (TALF) in Response to COVID-19

The new Term Asset-Backed Securities Loan Facility will support consumer and business access to credit through securitization. On March 23, 2020, in response to the financial uncertainty created by the COVID-19 pandemic,...more

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