The New York Fed (FRBNY) announced on, July 23, that it is looking to widen the eligibility criteria for Term Asset-Backed Loan Facility (TALF) agents in an effort to further support its mandate for equal opportunity and diversity in the operation of its facilities. An expand cohort of agents will also increase the FRBNY’s operational capacity, access to, and the reach of the facilities. TALF loan requests for the July 21st subscription period totaled $983 million. Of this total, approximately $453 million were from ABS backed by small business loans, $330 million for commercial mortgage loans, and around $200 million for student loans. The closing date for this subscription date is July 30.