A program announced by the Federal Reserve Bank in November 2008 to make loans to firms that would be purchasing high quality asset backed securities such as credit cards, student loans and some Small [..]

Definition TALF. One of many credit facilities created under Section 13(3) of the Federal Reserve Act to help with the lines of credit needed by businesses by handling the issuance of asset-backed sec [..]

A program created by the U.S. Federal Reserve in November 2008 to boost consumer spending to help jumpstart the economy. This is accomplished through the issuance of asset-backed securities. The collateral for these securities consists of student, personal auto and credit card loans. Backing for these loans comes from the (up to) US$1 trillion prov [..]

Federal Reserve program, supported by TARP funds, to aid securitization of asset-based loans such as auto loans, student loans, and small business loans.

A facility designed to help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities (ABS) collateralized by student loans, auto loans, credit card loans, and loans guaranteed by the Small Business Administration (SBA).

A program announced by the Federal Reserve Bank in November 2008 to make loans to firms that would be purchasing high quality asset backed securities such as credit cards, student loans and some Small [..]