The Term Asset-Backed Securities Loan Facility
On Nov. 25, the Federal Reserve Board announced the creation of the Term Asset-Backed Securities Loan Facility, which is intended to help consumers and small businesses obtain credit by promoting the issuance of asset-backed securities backed by student loans, auto loans, credit card receivables and certain small business loans.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: