The New York Federal Reserve rejected five while accepting 46 bonds for the January Legacy CMBS TALF subscription period.

The five tranches rejected this month were: BACM 2006-2 A4; BACM 2006-6 A3; BACM 2007-2 A2; CSMC 2006-C4 A3; and  WBCMT 2007-C33 A3.

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