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218949 Resource 128460 120646 120646 1227620775781 1227620775781 Controlled Next for U.S. Fed: Consumer Loans

New TARP facility to provide lending for consumer loans

The U.S. Federal Reserve and the U.S. Treasury have been known during this credit crisis for setting up a variety of lending facilities. Now the <a href="http://calculatedrisk.blogspot.com/2008/11/new-lending-facility-from-treasury-fed.html" target="_blank" title="TARP plan, Federal Reserve, consumer loans, credit cards, securities, lending, U.S. Fed">TARP plan is about get another expansion</a>: into consumer loans. Since one of the problems with the current credit market crisis is that consumer financing has slowed, the Federal Reserve aims to "fix" the problem by providing loans to investors who want to buy securities backed by: <ul style="font-family: verdana,arial,helvetica,sans-serif;"><li>Student loans</li><li>Credit cards</li><li>Auto loans</li></ul> 9 application/xml false consumer loans credit cards credit crisis Federal Reserve forex trading lending securities TARP plan U.S. Fed More on News from the U.S. Fed U.S. dollar in forex trading http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.4) Gecko/2008102920 Firefox/3.0.4 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 128460 blog blogsite/GFTForex/web