What is a TALF Agent?
A TALF Agent is a financial institution that is a party to the MLSA from time to time, individually and as agent for its borrower. TALF Agents are primary dealers, as well as other dealers who have been specially designated by the New York Fed for this role in support of TALF. The TALF Agents’ role in supporting the TALF is to serve as agents on behalf of their customers, the TALF borrowers. A list of eligible TALF Agents may be found here.
Related Questions
- What constitutes "reasonable care" on the part of a TALF Agent in confirming the accuracy of the representation as to eligibility of collateral for TALF loans?
- Is there an agent that the New York Fed has selected to be collateral monitor for TALF as it relates to legacy CMBS?
- Is there an agent that the New York Fed has selected to be collateral monitor for TALF as it relates to CMBS?