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Buyer lender bank t - PowerPoint PPT Presentation

T erm A sset-backed Security L oan F acility (TALF) (Restore credit flows to HHs and Firms

T erm A sset-backed Security L oan F acility (TALF) (Restore credit flows to HHs and Firms through the Securitization Market). FRB-NY. Reserves. TALF Loans $200B to $1000 B. Recession => ? defaults => ? demand for ABS => mkt dislocation

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Buyer lender bank t - PowerPoint PPT Presentation

T erm A sset-backed Security L oan F acility (TALF) (Restore credit flows to HHs and Firms