Fed to Add Older CMBS to TALF (commercial appraiser)
| Fed to Add Older CMBS to TALF |
| The Federal Reserve announced last week that it will include legacy assets for the first time in a $1 trillion program to revive credit markets, expanding the effort to commercial real estate securities issued before the start of this year. Adding older CMBS to the TALF is aimed at improving liquidity for the securities, which in turn "should facilitate the issuance of newly issued CMBS, thereby helping borrowers! finance new purchases of commercial properties or refinance existing commercial mortgages on better terms," the Fed said in a statement. Click to read the full Bloomberg column. Read more... http://www.realtor.org/narlservredirect.nsf/pages/NT0000130A?OpenDocument&WT.mc_id=LS052709&CAT=Comm |
commercial appraiser
