On Tuesday, June 30, the House Committee on Financial Services held its first quarterly oversight hearing mandated by the CARES Act featuring Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell.
Three months after new TALF was announced, it went live on June 17th - but a lot has happened in those three months. Markets have recovered, stimulus bills have been passed, the country “flattened the curve” with COVID, and now we are looking at the next sets of potential risks.
On Thursday, June 25, SFA President Kristi Leo hosted a webinar with Kroll Bond Rating Agency on the overall impact of COVID-19 on the consumer ABS sector.
The Federal Reserve (Fed) released a proposal this week that would expand its Main Street Lending Program so that it applies to nonprofit organizations.
Next Thursday, June 25, SFA President Kristi Leo will host a webinar with Kroll Bond Rating Agency on the overall impact of COVID-19 on the Consumer ABS sector
The Federal Reserve (Fed) announced on June 17 that it has received $252 million in loan requests in its first subscription date of the term asset-backed loan facility (TALF).
On Wednesday, June 17, the Federal Housing Finance Agency (FHFA) announced that the GSEs would be extending their moratorium on all foreclosures and evictions until August 31.
