Real-estate firms press for longer-term TALF loans

04/8/2009 | Wall Street Journal, The

The Federal Reserve has been meeting with commercial real-estate industry representatives about modifications to the TALF program that might help head off massive commercial-property loan defaults. Owners and investors involved in the talks believe the Fed will soon start offering some five-year TALF loans, as the real-estate industry had hoped, The Wall Street Journal reported.

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Wall Street Journal, The

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