2009-03-20housingwire.com

" The Fed’s new Term Asset-Backed Securities Loan Facility (TALF) was expanded late Thursday to include asset-backed securities backed by mortgage servicing advances — the latest attempt by government officials to free up capital among strapped servicing operations being asked to shoulder much of the financial burden of bulk loan modifications and foreclosure moratoria."



Comments: Be the first to add a comment

add a comment | go to forum thread