New York Fed Revises TALF Master Loan and Security Agreement

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New York Fed Revises TALF Master Loan and Security Agreement

June 23, 2009

The following summarizes the changes made to the MLSA from the June 9, 2009 posting:

Includes an interest rate based on Prime Rate for any Loans the
Collateral for which consists solely of securities that are backed by private student loans and bear interest at a rate that is set by reference to a published or quoted prime rate of interest.
Includes an additional field in the two forms of Loan Request
(Borrower Type).

View comparison document pdf

View MLSA pdf

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