Latest Term Asset-Backed Securities Loan Facility Stories

2009-03-06 10:09:17

Investment funds have reacted positively to a federal plan to entice them to buy revolving debt securities, a leading trade association said. Our members have significant interest, in the program known as the Term Asset-Backed Securities Loan Facility, said Richard Baker, president of the Managed Funds

2009-03-03 10:55:16

The Obama administration announced the launch of a program to support purchases of AAA-rated securities, the government called critical to U.S. lending. These markets have historically been a critical component of lending in our financial system, the U.S.

2009-02-17 14:54:00

RESTON, Va., Feb.17 /PRNewswire/ -- The Recreation Vehicle Industry Association expressed optimism today that the federal economic credit and stimulus packages, which include provisions to stimulate lending, and friendly tax treatment for new motorhome purchases, will help promote sales and aid in the industry's economic recovery. Like many of the nation's manufacturing sectors, the RV industry has experienced a sharp decline in sales.

2009-01-25 14:08:00

NADA Used Car Guide Analyst Cites Economic, Industry Performance as Key Factors in 2009 Used Vehicle Outlook NEW ORLEANS, Jan. 25 /PRNewswire-USNewswire/ -- U.S.

2009-01-17 13:55:13

U.S. economic officials say they are exploring creating a government-backed bad bank to take toxic assets off the books of private institutions. The idea, advocated by Federal Deposit Insurance Corp. Chairman Sheila Bair, would revisit an early proposal floated but then dropped by U.S.

2008-11-25 11:28:58

The U.S. Federal Reserve Board said Tuesday it would create a new program to help investors purchase credit card, student, and auto-loan backed securities. Under the Term Asset-Backed Securities Loan Facility, or TALF, the Federal Reserve Bank of New York will lend up to $200 billion to investors.

Word of the Day
  • A poem in which the author retracts something said in an earlier poem.
The word 'palinode' comes from Greek roots meaning 'again' and 'song'.