Tag: abs

TALF Program Update – $6.54 Billion in Loans

Investors applied for a total of $6.5 billion in loans from the Federal Reserve through their Term Asset-Backed Securities Loan Facility (TALF) emergency lending program. The TALF program provides low interest loans to investors for purchasing securities backed by auto,

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Federal Reserve TALF Program Extended

The Federal Reserve announced on Aug 17th it would extend the emergency rescue loan program, Term Asset-Backed Securities Loan Facility (TALF) with capacity of up to $1 trillion, by another 3 to 6 months.  The Fed and Treasury justify this

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Fed Follows Through with Quantitative Easing Program

The two day Federal Reserve Open Market Committee meeting ended today.  Fed official press release linked below. The majority of monetary policy programs stayed the same.  Fed Funds rate will continue to be held at a record low of 0 – 1/4%

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TALF – Definition and Explanation

Term Asset-Backed Securities Loan Facility – Definition and Explanation “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

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