Has anyone heard of TALF (Term Asset-Backed Securities Loan Facility)

Discussion in 'General Advice' started by Lucky1, Oct 14, 2009.

  1. Lucky1

    Lucky1 New Member

    I read that TALF was created to stimulate the secondary market, TALF money has been derailed by banks that are tightening
    their lending standards??”36% tightening, vs. 2% easing standards. TALF money, with the 90 % guarantee, expires on September 30, 2010 and no new TALF applications will be taken after December 2009.
     

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