Real estate firms press for longer-term TALF loans

04/8/2009 | Wall Street Journal, The

The Federal Reserve has been meeting with commercial real estate industry representatives about modifications to the TALF program that might help head off massive commercial property loan defaults. Owners and investors involved in the talks believe the Fed will soon start offering some five-year TALF loans, as the real estate industry had hoped, The Wall Street Journal reported.

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Wall Street Journal, The

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