Strong demand expected for first CMBS sale under TALF
Developers Diversified Realty's sale of commercial mortgage-backed securities is expected to be a test of the Federal Reserve's Term Asset-Backed Securities Loan Facility. Demand is expected to be strong, in part because of conservative underwriting of the bonds backed by the company's shopping centers.
Wall Street Journal, The
| 11/16
This story published in The Financial Services Roundtable SmartBrief on 11/16/2009
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