Flexpoint Ford ABS was formed to participate in the Federal Reserve’s Term Asset-Backed Securities Loan Facility (“TALF”) program. The TALF was a funding facility created in 2008 by the United States Federal Reserve to help market participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities collateralized by loans of various types to consumers and businesses of all sizes.
Transaction Details:
Location: Chicago, IL
Investment Date: 2009
Investment Status: past