Sentences with phrase «securities loan facility»

The expansion of the Term Asset - Backed Securities Loan Facility (TALF) program to include commercial real estate could, therefore, be particularly significant.
The year begins with the commercial real estate industry lobbying for expansion of the Term Asset - Backed Securities Loan Facility to cover commercial mortgages.
News that Developers Diversified Realty, one of the largest REITs in the retail sector, is considering using the Term Asset - Backed Securities Loan Facility (TALF) program to secure up to $ 600 million in loans might help the program gain popularity...
The CMBS market responded enthusiastically to the announcements in April and May that the Federal Reserve would expand the Term Asset Backed Securities Loan Facility (TALF) program to include both new and previously issued CMBS assets with up - to five - year maturities.
This issuance was the first transaction sold under the Federal Reserve's Term Asset - Backed Securities Loan Facility (TALF), which aims to lower funding costs for issuers by offering investors funding for the purchase of the securities.
Secretary Geithner announces that the program will be extended to October 3, 2010, and focus on three areas: 1) foreclosure mitigation; 2) providing capital to small and community banks; and 3) possible increases in the Treasury Department's commitment to the Term Asset - Backed Securities Loan Facility (TALF).
Finally, the FOMC announces that it anticipates expanding the range of eligible collateral for the TALF (Term Asset - Backed Securities Loan Facility).
The only remaining such program, the Term Asset - Backed Securities Loan Facility, is scheduled to close on June 30 for loans backed by new - issue commercial mortgage - backed securities; it closed on March 31 for loans backed by all other types of collateral.
The Federal Reserve has launched the Term Asset - Backed Securities Loan Facility to facilitate the extension of credit to households and small businesses and anticipates that the range of eligible collateral for this facility is likely to be expanded to include other financial assets.
He used funds from the Treasury's Troubled Asset Relief Program, as well as the Federal Reserve's Term Asset - Backed Securities Loan Facility, to seed a Public - Private Investment Program.
In an effort to restart the securitization market, on November 25, the Fed announced the Term Asset Backed Securities Loan Facility (TALF).14 In December, the FOMC announced that it would begin to significantly expand its balance sheet through purchases of long - term assets including agency debt, agency mortgage - backed securities and long - term treasuries — the Large Scale Asset Purchase or LSAP program.
February 10: The U.S. Fed expands the Term Asset - Backed Securities Loan Facility (TALF), which lends money to investors to buy securities backed by loans, thereby allowing banks to provide more loans.

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«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.
In particular, Credit Suisse Securities (USA) LLC's affiliate, Credit Suisse AG, is the Administrative Agent and Collateral Agent for our Senior Secured Term Loan Facility, and each of the Underwriters (or an affiliate thereof), are Joint Bookrunners and Joint Lead Arrangers thereunder.
LLC, SunTrust Robinson Humphrey, Inc., and Deutsche Bank Securities Inc., which allows us to borrow up to $ 180.0 million in revolving loans, and the Cash Flow Facility with four lenders, including affiliates of Morgan Stanley & Co..
Ray focuses on financial services and commercial real estate, with a specialization in negotiated private placements of term asset - backed securities, warehouse credit facilities, whole loan transactions, subordinated debt financings, and other transactions for specialty finance companies and commercial real estate.
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(hh) If the unencumbered amount of cumulative surplus revenue from tuition held by a charter school at the end of a fiscal year, less (i) the amount of the fourth quarter tuition payment, (ii) the amount held in reserve for the purchase or renovation of an academic facility pursuant to a capital plan, and (iii) any reserve funds held as security for bank loans, exceeds 20 per cent of its operating budget and its budgeted capital costs for the succeeding fiscal year as is reported in a capital plan to be submitted in the school's most recent annual report, the amount in excess of said 20 per cent shall be returned by the charter school to the sending district or districts and the state in proportion to their share of tuition paid during the fiscal year.
Because of the high level of job security, the repayments on auto loans for military personnel are basically guaranteed, especially when a facility can be created that sees the payments made automatically from the bank account of the borrower.
Leading offshore law firm Appleby acted as Bermuda and Isle of Man counsels to security agent DNB Asia Ltd. (DNB Bank) on its US$ 300 million term loan facility provided to Crystal Acquisition Company Limited (Borrower).
Eric's experience includes commercial loan portfolio financings, collateralized loan obligation (CLO) transactions, loan warehouse facilities, insurance linked securities, commodity financing arrangements, letters of credit and general corporate finance transactions.
Mrs. Nonas has 17 years of combined experience; worked at Moody \'s Investors Service covering the entire spectrum of mortgage backed securities products and small balance commercial loans; at WestLB and Barclays Capital, was the mortgage lead on the risk management team underwriting over $ 15 billion in mortgage financing facilities, established warehouse lines of credit, reverse repurchase agreements, Asset - Backed Commercial Paper (ABCP) conduits and other credit facilities for subprime mortgage originators and servicers; developed a process to conduct and document on site due diligence at the counterparty \'s origination and servicing base of operations.
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