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What is Williams Capital Selected for TALF Program about?

The Williams Capital Group was selected by the Federal Reserve Bank of New York to serve as an agent for the Term Asset-Backed Securities Loan Facility program. As an agent, Williams Capital will facilitate arranging loans for eligible borrowers to purchase securities through the program. Williams Capital expects to underwrite asset securitization financings as part of the program. The TALF program was designed to provide financing to investors to purchase AAA-rated asset-backed securities and reopen these

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