TALF-backed auto ABS deals unlikely until Q3 | Auto Finance News | Auto Finance News

TALF-backed auto ABS deals unlikely until Q3

Photographer: Andrew Harrer/Bloomberg

The auto industry might not see its first securitization backed by the Federal Reserve’s term asset-backed loan facility (TALF) until the beginning of the third quarter, analysts told Auto Finance News. When TALF was first introduced during the credit crisis in November 2008 to alleviate the financial squeeze on lenders and provide additional sources of […]

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