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Has anyone heard of TALF (Term Asset-Backed Securities Loan Facility)

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Lucky1
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Joined: 8 Oct 2009
Posts: 18
 #1 · Posted: 14 Oct 2009 16:26


I read that TALF was created to stimulate the secondary market, TALF money has been derailed by banks that are tightening
their lending standards�36% tightening, vs. 2% easing standards. TALF money, with the 90 % guarantee, expires on September 30, 2010 and no new TALF applications will be taken after December 2009.

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