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Government Relations

Home > Government Relations > CRE Recovery Initiatives

TARP and Other Regulatory Efforts

TARP, also known as The Emergency Economic Stabilization Act of 2008, allowed for the purchase of assets and equity from financial institutions in order to strengthen the financial sector. TALF and PPIP, U.S. government programs under TARP, were initially introduced to address the subprime mortgage crisis, but were extended over time to include other asset classes, including CMBS. The following items relate to the Council’s efforts with respect to TALF and PPIP:

 

Featured Documents

> CMSA Applauds Congressional Passage of Financial Rescue Package

> CMSA Comment Letter on Legacy CMBS Talf Program

> CMSA Comment Letter Submitted to FDIC on Legacy Loans Program

> CMSA Requests TARP Allocation for Commercial Mortgage Industry

 

  Press Releases     Research / Background Documents

 

 

 

 



 

 

 

 

 

asterisk_orange October 3, 2008
CMSA Applauds Congressional Passage of Financial Rescue Package  

Comment Letters & Testimony 

asterisk_orange July 21, 2009 
CMSA Comment Letter on Legacy CMBS Talf Program

asterisk_orange April 10, 2009 
CMSA Comment Letter Submitted to FDIC on Legacy Loans Program

March 16, 2009
Returning Liquidity to the Commercial Mortgage Market
--Formal CMSA Proposal Submitted to Government

asterisk_orange January 13, 2009 
CMSA Request to Senate Banking for TARP Allocation for Commercial Mortgage Industry 

January 13, 2009
CMSA Requests TARP Allocation for Commercial Mortgage Industry

October 31, 2008 
CMSA Submits Letter on Treasury’s Creation of Guarantee Program  

      

September 14, 2010
FRBNY Best Practices for Treasury, Agency Debt and Agency MBS

December 9, 2009
Treasury Letter Outlining TARP Exit Strategy; Indicates May Increase Commitment to TALF in 2010

October 30, 2009
Financial Regulators Adopt Guidance on Prudent CRE Loan Workouts

October 5, 2009
Federal Reserve Announces Changes to Procedures for Evaluating ABS Pledged to TALF
Revised Frequently Asked Questions
Revised Terms and Conditions

August 17, 2009
Federal Reserve Board and Treasury Department Announce Extension of TALF

July 8, 2009
Joint Release on Legacy Securities and Legacy Loans Public-Private Investment Program
Equity and Debt Term Sheets for Pre-Qualified Fund Managers
Legacy Securities Additional Frequently Asked Questions
PPIP Conflict-of-Interest Rules

May 27, 2009
Kaye Scholer Memo re: More News Regarding CMBS as Eligible Collateral for TALF Loans

May 20, 2009
Cadwalader, Wickersham & Taft Memo on TALF for New Issue CMBS

May 19, 2009
Steptoe & Johnson Memo on TALF Legacy CMBS Terms and Conditions

May 19, 2009
FRB Press Release on TALF Legacy CMBS 
Term Asset-Backed Securities Loan Facility (Legacy CMBS): Terms and Conditions 
Term Asset-Backed Securities Loan Facility (Legacy CMBS): Frequently Asked Questions 
TALF Revised Frequently Asked Questions
TALF Revised Terms and Conditions 

May 12, 2009
Kaye Scholer LLP Memo on New York Fed Announcement of CMBS as Eligible Collateral for TALF Loans 

May 1, 2009
Fed Announces Five-Year Loan Terms for CMBS – Fed Terms, FAQ & Press Release

April 21, 2009
Secretary Geithner’s Testimony to Congressional Oversight Panel

April 6, 2009
Steptoe Update Memo on Legacy Securities Program
Legacy Securities Term Sheet (Treasury) 
Legacy Securities Frequently Asked Questions (Treasury)
Legacy Securities Private Asset Manager Application (Treasury)
Treasury Press Release on Legacy Securities Public-Private Investment Program  

March 26, 2009
Cadwalader, Wickersham & Taft Memo on the Public Private Investment Program

March 24, 2009
Steptoe Summary of Treasury’s Public Private Partnership Investment Program

March 23, 2009 
White Paper on Public-Private Investment Program (Treasury)
Legacy Loans Program Summary of Terms (Treasury)
Legacy Securities Program Summary of Terms (Treasury)

March 23, 2009
Treasury Releases Details of Public-Private Investment Program

February 13, 2009
Steptoe Memo on Terms and Conditions for TALF Participation

February 10, 2009
Treasury Financial Stability Fact Sheet

January 9, 2009
TARP Reform and Accountability Act of 2009 - HR 384

January 9, 2009
Frank Releases Outline of Legislation to Amend TARP
– Commercial and CMBS Included

December 1, 2008
Secretary Paulson Remarks on the U.S. Economy and Financial System

November, 25, 2008
Treasury Provides TARP Funds to Federal Reserve Consumer ABS Lending Facility

October 14, 2008
Treasury Rulemaking Notice on Creation of Guaranty Program for Troubled Assets

October 14, 2008
Treasury Requests Input on Creation of Guaranty Program for Troubled Assets

October 14, 2008
TARP Capital Purchase Program Summary

October 14, 2008
TARP Capital Purchase Program Term Sheet

October 14, 2008
FDIC Announces Plan to Free Up Bank Liquidity

October 14, 2008
FDIC Temporary Liquidity Guarantee Program Fact Sheet

October 10, 2008
CRS Report to Congress on Insurance Program for Troubled Assets

October 7, 2008
Treasury RFP on the Hiring of Asset Managers

October 7, 2008
Treasury RFP on Custodian, Accounting, Auction Management, and Other Infrastructure Services

October 7, 2008
Treasury RFP on Whole Loan Asset Management Services

October 2, 2008
Steptoe Summary Update of Economic Rescue Plan

October 2, 2008
Senate Passes Economic Rescue Plan on Vote of 74-25

October 1, 2008
Steptoe Summary of Senate Rescue Plan

October 1, 2008
Senate Rescue Plan to be Voted on Tonight

September 29, 2008
Update on Government Response to Financial Crisis

September 28, 2008
Section-by-Section Analysis of the Emergency Economic Stabilization Act  

September 28, 2008
Summary of Emergency Economic Stabilization Act

September 28, 2008
Bill Language for the Emergency Economic Stabilization Act

September 28, 2008
Comparison of Economic Rescue Legislation

September 26, 2008
Senate Banking Discussion Draft: Economic Recovery and Corporate Accountability Act of 2008

September 25, 2008
House and Senate Statement of Principles 
 

 

 

    

 

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