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NewsAugust 18, 2009

Federal Reserve and Treasury Department Extends TALF

The Federal Reserve Board and the Treasury Department announced Monday that they approved an extension to the Term Asset-Backed Securities Loan Facility (TALF), and said they do not anticipate any further additions to the types of collateral that are eligible for the facility.

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NewsJuly 28, 2009

Concerns Persist, But Dealer Floorplan ABS Perform Adequately, Says Fitch

Auto dealer floorplan ABS transactions entering early amortization due to manufacturer or finance company bankruptcy are largely performing within expectations, though material concerns remain over valuation declines in a still challenged macro environment, according to Fitch Ratings.

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NewsJuly 15, 2009

Chrysler Financial Repays $1.5 Billion TARP Loans

Chrysler Financial announced July 15 it has repaid in full the $1.5 billion of Troubled Asset Relief Program (TARP) government loans.

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ArticlesJuly 1, 2009

Unemployment Rates vs. Defaults

Understanding why the performance of auto loan-based portfolios is improving even as the economy is contracting is the key to knowing when to package and sell your retail installment contracts.

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