Finance and Economics Discussion Series: Securitization Markets and Central Banking: An Evaluation of the Term Asset-Backed Securities Loan Facility by Sean Campbell

Finance and Economics Discussion Series: Securitization Markets and Central Banking: An Evaluation of the Term Asset-Backed Securities Loan Facility

Sean Campbell

46 pages • missing pub info (editions)

nonfiction politics challenging informative reflective medium-paced
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In response to the near collapse of US securitization markets in 2008, the Federal Reserve created the Term Asset-Backed Securities Loan Facility, which offered non-recourse loans to finance investors' purchases of certain highly rated asset-backe...

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