Relevant:
- Legacy CMBS TALF loan results for August, by type. (source: Barclays Capital) Barclays Urges Fed to Detail TALF Bid Acceptance Process
- TALF Expands to Include Legacy CMBS
- Fed Closes Door on Legacy CMBS Program
- Legacy CMBS TALF Gets $2.1bn of Loan Requests
- CMBS TALF May Bring New Issue in November: Sources
2009-08-21 — housingwire.com
Investors put in bids for $2.28bn in loans to purchase so-called “legacy†commercial mortgage-backed securities (CMBS) on Thursday.
The bids, made through the Federal Reserve’s Term Asset-Backed Securities Loan Facility for CMBS, came in at 340% of the $668.94m of bids in the July 16th facility.
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