We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Lexology logo
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 71

New York Fed begins purchasing mortgage-backed securities

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 8 2009

The Federal Reserve Bank of New York announced this week that it began purchasing fixed-rate mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae

FDIC to extend Temporary Liquidity Guarantee Program for collateralized debt

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 16 2009

Amidst discussion of the actions taken to assist Bank of America, the FDIC announced today its intention to extend its Temporary Liquidity Guarantee Program from a three-year maturity to a ten-year maturity for debt that is “supported by collateral if the issuance supports new consumer lending."

The Group of Thirty publishes report outlining a framework for financial stability

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 16 2009

Yesterday, the Group of Thirty (G30), a private, nonprofit, international body that aims for further understanding of international economic and financial issues, released a report entitled “Financial Reform: A Framework for Financial Stability."

The SEC to focus on issues concerning the subprime debt industry in 2008

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 3 2008

The Commissioners of the Securities and Exchange Commission (“SEC”) recently unveiled the issues that will be a priority for the agency during the upcoming year

Federal Reserve announces new policy actions

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 29 2009

Yesterday, the Federal Reserve announced that it “will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability."

Senate Budget Committee holds hearing on the federal response to the housing & financial crisis

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 29 2009

Yesterday, the Senate Budget Committee held a hearing to discuss the federal response to the housing and financial markets crisis and possible future options for government response

FDIC approves publication of interim final Covered Bond Policy Statement for mortgage loan covered bond transactions

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 15 2008

On April 15, 2008, the Board of Directors of the Federal Deposit Insurance Corporation (the “FDIC”) approved for publication in the Federal Register an interim final Covered Bond Policy Statement (the “Policy Statement”) with a request for comments

Treasury announces initial closings of public-private investment funds

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 1 2009

The U.S. Treasury Department announced yesterday that two of the fund managers selected to participate in Treasury’s Legacy Securities program had raised the requisite $500 million of private capital in order to obtain the matching debt and equity funds from Treasury to fund their respective public-private investment funds (PPIFs

Treasury announces new framework for banking industry recovery

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 17 2009

The federal government's efforts to stabilize the turbulent banking industry will undergo significant changes in the coming weeks

Massachusetts Attorney General and Goldman Sachs settle subprime investigation

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 12 2009

Yesterday, the Massachusetts Attorney General's Office announced that it and Goldman Sachs & Company have entered into a settlement agreement relating to the Attorney General’s investigation of subprime lending and securitization markets, including the role of investment banks in the origination and securitization of subprime loans in Massachusetts