The Federal Reserve has selected Trepp as a collateral monitor for legacy CMBS that fall under the Term Asset-Backed Securities Loan Facility (TALF).

The software firm will provide valuation, modeling, analytics and reporting, as well advise the Fed on these matters. However, Trepp will not establish policies or make decisions for the New York Federal Reserve, including whether to reject a CMBS as collateral for a TALF loan.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.