Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is there an agent that the New York Fed has selected to be collateral monitor for TALF as it relates to newly issued CMBS?

April 26, 2017agent collateral fed issued monitor new york newly Selected talf

0

Posted

Is there an agent that the New York Fed has selected to be collateral monitor for TALF as it relates to newly issued CMBS?

1 Answer

0

Posted

Trepp, LLC (“Trepp”) has been selected to serve as a collateral monitor for the New York Fed for newly issued CMBS. Trepp will assist the New York Fed by providing valuation, modeling, analytics and reporting, as well as advising on these matters. Trepp will not establish policies or make decisions for the New York Fed, including decisions whether to reject a CMBS as collateral for a TALF loan or exclude loans from mortgage pools.