TALF Collateral Expands

Beginning this June both commercial mortgage-backed securities (CMBS) and securities backed by insurance premium finance loans will become eligible collateral under the Term Asset-Backed Securities Loan Facility (TALF), according to the Federal Reserve Board.  Additionally, the Federal Reserve Board announced that TALF loans with maturities of five years will be available this June.  All TALF loans currently have maturities of three years.  Click here for the Federal Reserve Board's press release.  Click here for terms and conditions for TALF CMBS, and click here for frequently asked questions regarding TALF CMBS. 

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