2009-06-18housingwire.com

" The Federal Reserve Bank of New York on Tuesday selected New York City firm Trepp as a collateral manager on the Term Asset-Backed Securities Loan Facilitiy (TALF), a program designed to put billions of dollars into the hands of institutional investors to buy up new asset-backed securities within certain categories, in turn encouraging more lending and securitization, which regulators say will keep credit flowing."



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