TALF-backed auto ABS deals unlikely until Q3
The auto industry might not see its first securitization backed by the Federal Reserve’s term asset-backed loan facility (TALF) until ...
Tag: Federal Reserve
CECL reporting adds transparency for investors
Increased loss reserves from Current Expected Credit Losses (CECL) requirements, and the resulting transparency required from auto lenders, could ease ...
COVID-19: Auto finance faces the global pandemic [FEATURE]
Editor's note: This article first appeared in the April edition of the magazine, available now. After a decade of exponential ...
Fed announces $100B in TALF loans to bolster auto ABS
The Federal Reserve announced today the revival of its term asset-backed securities loan facility (TALF) to provide increased access to ...
Fed urges banks to lend in face of pandemic
The Federal Reserve today — in conjunction with the Office of the Comptroller of the Currency and the Federal Deposit ...
Investors clamor for the Fed to slash rates to zero
All of Wall Street’s eyes are on Washington again, but only Federal Reserve Chairman Jerome Powell is catching its gaze. ...
Fed unveils dramatic measures to ease market strain from virus
The Federal Reserve took aggressive steps Thursday to ease what it called “temporary disruptions” in Treasuries, flooding the market with ...
Stock rout resumes after Fed action disappoints: Markets wrap
The sell-off in U.S. stocks resumed Thursday afternoon, with investors uncertain the Federal Reserve’s extraordinary bond-buying measures will do enough ...
