Federal Reserve Offers TALF To Commercial Lending
Is this another indicator that the next wave of bad loans is going to be coming out of the commercial real estate market? The federal governments Term Asset Backed Loan Program (TALF) is now getting into the commercial real estate lending market.
While this is not necessarily bad, there are a great deal of commercial loan issues coming to the surface, the question still arises how the government is constantly changing the rules of the game with our taxpayer money throwing it at Wall Street and the banks.
The program, which will be launched in June, will provide government five-year loans to investors so they can buy commercial real estate securities. The goal is to revive lending in this market. The program is part of a larger Federal Reserve endeavor called the Term Asset Backed Lending Program launched in November, which seeks to bolster the market for consumer loans, automotive loans, credit card debt and small business loans.
The Fed had indicated earlier this year that it planned to provide funding for commercial mortgage-backed securities, or CMBS, but hadn’t provided details about the program and its launch date until Friday. via MarketWatch.
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
What about RE/MAX Commercial? Where this classification came from?
I am pretty sure RE/MAX Commercial in volume sales must be above ...
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
Comment by McLean VA Luxury Homes for Sale on 3 May 2009:
It is amazing how the Government can at will create monies for commercial endeavors, but if they had spent a fraction on the housing problem would have fixed the issues in our economy by now. I have come to the conclusion we have self serving politicians that could not punch their way out of a wet paper bag.