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	<title>The Commercial Finance Blog &#187; Commercial Finance</title>
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	<link>http://www.commercialfinanceblog.com</link>
	<description>Daily Commercial Finance News, Information and Commentary</description>
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		<title>Goldman Sachs to Issue Commercial-Backed Debt Through TALF Program</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/goldman-sachs-to-issue-commercial-backed-debt-through-talf-program.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/goldman-sachs-to-issue-commercial-backed-debt-through-talf-program.html#comments</comments>
		<pubDate>Fri, 09 Oct 2009 21:39:32 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[TALF]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=205</guid>
		<description><![CDATA[
			
				
			
		
Bloomberg, New York - Goldman Sachs Group Inc. may sell the first commercial-mortgage bond since June 2008, taking advantage of an untapped Federal Reserve program.
The five-year, $400 million loan to Developers Diversified Realty Corp. made by a unit of the New York-based bank is secured by 28 shopping centers. Developers Diversified Realty Corp. It will [...]]]></description>
		<wfw:commentRss>http://www.commercialfinanceblog.com/commercial-finance/goldman-sachs-to-issue-commercial-backed-debt-through-talf-program.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Commercial paper rises $35.8 billion to hint U.S. economy is growing</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/commercial-paper-rises-358-billion-to-hint-us-economy-is-growing.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/commercial-paper-rises-358-billion-to-hint-us-economy-is-growing.html#comments</comments>
		<pubDate>Thu, 20 Aug 2009 19:35:15 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[commercial paper]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=185</guid>
		<description><![CDATA[
			
				
			
		
Editor&#8217;s Note: This is a good sign for now.  In the article they mention that inventory levels have been drawn down and this may be the signal that companies are restocking and that is part of the incease in commercial paper activity.   We will have to continue to watch this development almong others to [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>OTS lifts order against commercial lender Brookline Bancorp</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/ots-lifts-order-against-commercial-lender-brookline-bancorp.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/ots-lifts-order-against-commercial-lender-brookline-bancorp.html#comments</comments>
		<pubDate>Tue, 11 Aug 2009 18:54:07 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[Brookline Bancorp]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=180</guid>
		<description><![CDATA[
			
				
			
		
Business Jounral, Boston - Bank regulators lifted a months-long cease-and-desist order levied against a commercial lending unit of Brookline Bancorp. Inc. accused of maintaining inadequate anti-money laundering and other record keeping policies.
In February, the Office of Thrift Supervision issued the order against Eastern Funding LLC, a lender focused on coin-operated laundromats, small groceries, dry cleaners [...]]]></description>
		<wfw:commentRss>http://www.commercialfinanceblog.com/commercial-finance/ots-lifts-order-against-commercial-lender-brookline-bancorp.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>Federal Reserve: Commercial Paper Outstanding Rises By $10.7 Billion This Week</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/federal-reserve-commercial-paper-outstanding-rises-by-107-billion-this-week.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/federal-reserve-commercial-paper-outstanding-rises-by-107-billion-this-week.html#comments</comments>
		<pubDate>Thu, 06 Aug 2009 19:45:22 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[commercial paper]]></category>
		<category><![CDATA[commercial paper market]]></category>
		<category><![CDATA[Federal Reserve]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=170</guid>
		<description><![CDATA[
			
				
			
		
Dow Jones, New York - The U.S. commercial paper market increased this week, reversing course after several weeks of declines, according to data released by the Federal Reserve Board on Thursday.  This week, the outstanding level went up by $10.7 billion, after a decline of $27.6 billion last week.
The asset-backed portion of this short-term market [...]]]></description>
		<wfw:commentRss>http://www.commercialfinanceblog.com/commercial-finance/federal-reserve-commercial-paper-outstanding-rises-by-107-billion-this-week.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>Capital One credit card defaults rise to 9.41% in May</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/capital-one-credit-card-defaults-rise-to-941-in-may.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/capital-one-credit-card-defaults-rise-to-941-in-may.html#comments</comments>
		<pubDate>Mon, 15 Jun 2009 19:43:13 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=125</guid>
		<description><![CDATA[
			
				
			
		
Editor&#8217;s Note: Consumers are tapped out and they are using credit as a necessity not its traditional role as a luxury.  This is a sign of more distressed borrowers using credit without the ability to repay the debt and this is showing in higher default numbers.  Until we see job creation in the U.S. spurred, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hartford Financial to Accept as Much as $3.4 Billion Bailout From TARP</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/hartford-financial-to-accept-as-much-as-34-billion-bailout-from-tarp.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/hartford-financial-to-accept-as-much-as-34-billion-bailout-from-tarp.html#comments</comments>
		<pubDate>Fri, 12 Jun 2009 20:58:02 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[Hartford Financial]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=120</guid>
		<description><![CDATA[
			
				
			
		
Editor&#8217;s Note:  The more I read these stories, the more I am convinced that this recent rally is nothing but a bear market rally and we have much more pressing issue ahead for the U.S. economy.  As far as I am concerned, nothing has structurally changed in our economy and there is significant liabilities [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fannie Mae Gross Mortgage Portfolio Shrank 19.2% In April</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/fannie-mae-gross-mortgage-portfolio-shrank-192-in-april.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/fannie-mae-gross-mortgage-portfolio-shrank-192-in-april.html#comments</comments>
		<pubDate>Fri, 29 May 2009 21:09:31 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[Fannie Mae]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=111</guid>
		<description><![CDATA[
			
				
			
		
(Dow Jones) Fannie Mae saw its volume of refinanced mortgages drop in April to $45.5 billion from a high of $77 billion in March, its largest since 2003, according to a monthly report released Friday.
The mortgage giant&#8217;s investment portfolio shrank again, this time by 19.2%, keeping its total balance at $770.062 billion, well short of [...]]]></description>
		<wfw:commentRss>http://www.commercialfinanceblog.com/commercial-finance/fannie-mae-gross-mortgage-portfolio-shrank-192-in-april.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>U.S. commercial paper down $1.7 billlion to lowest level in about 4 years</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/us-commercial-paper-down-17-billlion-to-lowest-level-in-about-4-years.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/us-commercial-paper-down-17-billlion-to-lowest-level-in-about-4-years.html#comments</comments>
		<pubDate>Thu, 23 Apr 2009 19:21:21 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[Non-financial Companies]]></category>
		<category><![CDATA[Short-term Funding]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=79</guid>
		<description><![CDATA[
			
				
			
		
Editor&#8217;s Note:   I disagree with Mr. Stone&#8217;s comment that the reduction in the commercial paper market is &#8221;I think largely it is for other reasons,&#8221;  with the Federal Reserve still the major lending in many of the financial markets.  We can not say that it is for other reasons until all these bailout programs are [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fed considers 5-year CMBS loans through TALF</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/fed-considers-5-year-cmbs-loans-through-talf.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/fed-considers-5-year-cmbs-loans-through-talf.html#comments</comments>
		<pubDate>Fri, 17 Apr 2009 22:17:58 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[CMBS]]></category>
		<category><![CDATA[TALF]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=75</guid>
		<description><![CDATA[
			
				
			
		
The Federal Reserve is considering offering longer loans to investors in commercial mortgage-backed securities as part of a plan to help jump-start the market for commercial real estate debt, The Wall Street Journal reported on Thursday.
The Fed since Febuary has been analyzing appropriate terms and conditions for accepting commercial mortgage-backed securities (CMBS) and other mortgage [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Gramercy Capital Amends $216 Million Secured Credit Facility</title>
		<link>http://www.commercialfinanceblog.com/commercial-finance/gramercy-capital-amends-216-million-secured-credit-facility.html</link>
		<comments>http://www.commercialfinanceblog.com/commercial-finance/gramercy-capital-amends-216-million-secured-credit-facility.html#comments</comments>
		<pubDate>Wed, 08 Apr 2009 16:34:57 +0000</pubDate>
		<dc:creator>LJ Miehe</dc:creator>
				<category><![CDATA[Commercial Finance]]></category>
		<category><![CDATA[Gramercy Capital]]></category>
		<category><![CDATA[Master Repurchase Facility]]></category>
		<category><![CDATA[Secured Credit Facility]]></category>

		<guid isPermaLink="false">http://www.commercialfinanceblog.com/?p=70</guid>
		<description><![CDATA[
			
				
			
		
Gramercy Capital Corp.  today announced that it has amended        its secured credit facility with Wachovia Bank, National Association        (&#8220;Wachovia&#8221;). Under the amendment: 

&#8211;         The financial covenants in the credit agreement have been eliminated.
&#8211;  [...]]]></description>
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		<slash:comments>0</slash:comments>
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