3/26/2010

The Federal Reserve's Term Asset-Backed Securities Loan Facility, which was established more than a year ago, has been one of the central bank's most successful programs in terms of stabilizing the financial system. Despite TALF's success and the fragility of the economic recovery, few experts are questioning the program's end. The TALF program will remain in place for newly issued commercial mortgage-backed securities until the end of June.

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