TALF Updates

On November 30, the New York Fed issued revised TALF documents and FAQs. The revised documents consist of: (i) the Form of Certification as to TALF Eligibility for CMBS and (ii) the Master Loan and Security Agreement. The New York Fed also announced that all borrowers have consented to an extension by one day of the period of time in which monthly principal and interest on underlying collateral is to be distributed. MLSA. MLSA (showing changes). FAQs. FAQ (showing changes). CMBS Certification. CMBS Certification (showing changes). New York Fed Release.