Asset-backed

Asset-backed securities are pools of consumer and commercial loans.

SEC Proposes More Disclosure on Asset-Backed Securities Prabha Natarajan 2010

The Term Asset-backed Securities Loan Facility, or TALF, was announced in November after investors stopped buying securities backed by consumer debt.

duh pookie 2009

The Term Asset-backed Securities Loan Facility, or TALF, was announced in November after investors stopped buying securities backed by consumer debt.

duh pookie 2009

Asset-backed securities are created by buying and bundling assets—such as residential-mortgage loans, credit-card receivables, commercial loans or student loans—and creating securities backed by those assets that are then sold to investors.

SEC Targets 'Abacus' Deals Andrew Ackerman 2011

Asset-backed bonds were deemed important enough that the federal government set up a program to keep the market open during the credit crisis of 2008-09.

Ford Scuttles 2010

The Term Asset-backed Lending Facility, or TALF, which was started in late 2008 to revive the market for loans backed by assets like car loans and credit card receivables, is closing to new business in June.

The $2.3 Trillion Garage Sale 2010

Asset-backed bonds rated below A3/A - won't be eligible any longer.

ECB Gets Tougher on Its Bank Lending 2010

These unusual circumstances were reached yesterday, with the Federal Open Market Committee's announcement that the Fed would not only "implement the Term Asset-backed Securities Loan Facility to facilitate the extension of credit to households and small businesses," but would also "continue to consider ways of using its balance sheet to further support credit markets and economic activity."

John Tepper Marlin: Economic Recovery -- Five Lessons from the Depression 2009

Early next year, the Federal Reserve will also implement the Term Asset-backed Securities Loan Facility to facilitate the extension of credit to households and small businesses.

John Tepper Marlin: The Fed's Zero-Interest Policy -- Tokyo on the Potomac 2009

Nervous pundits are predicting the end of American life as we know it, after Fed Chairman Ben Bernanke announced on March 18 that he would be dropping yet another trillion dollars in helicopter money – up to $300 billion to buy long-term government bonds and an additional $750 billion to buy private debt, with the Term Asset-backed Securities Loan Facility (TALF) to be opened up for the sake of consumers and small businesses.

Thinking Positively: How "Quantitative Easing" May Be Harnessed for the Public Good 2009