Policy Issues

Congressional Letter to the Federal Reserve on MBS TALF Eligibility

April 6, 2020

View Letter

On Monday, four members of Congress: Reps. Budd (R-NC), Gonzalez (D-TX), Gottheimer (D-NJ) and Loudermilk (R-GA) – submitted a bipartisan letter to Federal Reserve Chairman Jay Powell requesting that the Term Asset Backed Securities Loan Facility (TALF) be expanded to include a wider range of investment grade commercial real estate debt instruments, including agency and non-agency MBS, CMBS, and CRE CLOs as TALF-eligible collateral.  

The Roundtable will continue to work to address the COVID-19 crisis and restore market liquidity.