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Article

Katten Muchin Rosenman LLP | USA | 7 Aug 2009

New York Fed appoints PIMCO as collateral monitor

On August 4, the Federal Reserve Bank of New York posted changes to the terms and conditions, frequently asked questions and transaction documents for its Term Asset-Backed Securities Loan Facility (TALF).

Article

Katten Muchin Rosenman LLP | USA | 31 Jul 2009

FDIC announces test of funding mechanism for legacy loans program

On July 31, the Federal Deposit Insurance Corporation (FDIC) announced that it has taken the next step in the development of the Legacy Loans Program (LLP).

Article

Katten Muchin Rosenman LLP | USA | 10 Jul 2009

U.S. Treasury names asset managers and launches Legacy Securities Program

On July 8, the heads of the U.S. Treasury Department (UST), Federal Reserve and Federal Deposit Insurance Corporation (FDIC) jointly announced the launch of the Legacy Securities Program and named the nine initial asset managers for the program.

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