Older CMBS assets to be brought into TALF, Fed says

05/20/2009 | REIT.com · Bloomberg

Investors can apply for financing to buy CMBS assets issued before Jan. 1 under the Term Asset-Backed Securities Loan Facility, beginning late in July, the Federal Reserve said. The Fed revised the TALF program after investors complained that its earlier version provided financing only for new CMBS, greatly limiting the amount of liquidity it could pump into the sector.

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REIT.com · Bloomberg

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