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, …
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 …
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 …
U.S. bailout has pledged $11.6 trillion as of September 25th 2009 compared to $7.4 trillion as of November 24th 2008. Although down from $12.8 trillion on March 31st 2009. The Federal Reserve sharing a $5.8 trillion portion as of September 25th …
US Bailout Pledge up from $7.4 to $11.6 trillion Read more »
Current accounting of the Federal Reserve’s Balance Sheet as of July 30th 2009 $695.758 billion – U.S. Treasury Securities $105.915 billion – Federal Agency Debt Securities $542.888 billion – Mortgage-backed Securities $274.085 billion – Direct Bank Lending (Loans through Discount …
Federal Reserve Balance Sheet as of July 30th 2009 Read more »