WASHINGTON, Nov 25 (Reuters) - The U.S. Federal Reserve, with the backing of the Treasury, on Tuesday outlined an $800 billion lending facility to support the market for consumer debt securities. The fresh money will chiefly be used to loosen up the housing finance market, but a share will aid the asset-backed securities market in a program called the Term Asset-backed Securities Loan Facility, or TALF. Following are details of the plan: * Beginning next week, the Fed will buy up to $100 ...
Premium Content (PAID Subscription Required)
"UPDATE 1-FACTBOX-Fed opens $800 bln spigot for consumer loans" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642