The New York Federal Reserve rejected five bonds for the February Legacy CMBS TALF subscription period while accepting 51.

The five tranches rejected this month were: BACM 2007-1 A3; CGCMT 2006-C5 A4; LBUBS 2006-C6 A4; MSC 2007-HQ11 A3-1; and WBCMT 2007-C30 A3

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