The Federal Reserve Bank of New York yesterday posted a term sheet indicating servicing advances are eligible collateral for borrowing from the Term Asset-Backed Securities Loan facility, also known as TALF.
Tag: Asset-Backed Securities
MBA: Commercial/Multifamily Mortgage Debt Grows by Largest Annual Amount Since 2006
The Mortgage Bankers Association reported commercial/multifamily mortgage debt outstanding at the end of 2019 rose by $248 billion (7.3 percent) from a year ago.
MBA, Trade Groups Ask Agencies to Delay Credit Risk Retention Rule
The Mortgage Bankers Association and three dozen other industry groups sent a letter Friday to federal agencies, asking them to delay a review of the federal Credit Risk Retention final rule until the Consumer Financial Protection Bureau finalizes its Qualified Mortgage definition.
MBA: 3Q Commercial/Multifamily Mortgage Debt Increases By $75.7 Billion
Commercial/multifamily mortgage debt outstanding rose by $75.7 billion (2.2 percent) in the third quarter, the Mortgage Bankers Association reported this morning.