TALF UPDATE: The Federal Reserve Bank of New York Updates TALF Terms and Conditions - Updated April 3, 2009
April 3, 2009
The Federal Reserve Bank of New York updated the Term Asset-Backed Securities Loan Facility's terms and conditions. The NY Fed also revised a set of questions related to the Facility and a form of auditor attestation to reflect provisions related to the expanded asset classes.
All three can be found at the following:
Patton Boggs previously wrote about the Federal Reserve Bank of New York in a March 11 alert, which can be accessed online at:
http://www.pattonboggscapitalmarkets.com/resources/2009_3_12/federalreserve/