Updated guidance aimed at potential investors and participants in the “Legacy Securities” part of the new two-pronged Public Private Investment Program. Treasury says it will make co-investments to support the market for legacy mortgage- and asset-backed securities before 2009. The deadline for email submissions of applications has been extended until April 24. Originally, Treasury said it would approve up to five asset managers, but now said it is open to considering a larger number of managers for the program.”]
Source: https://www.cuinfosecurity.com/treasury-extends-application-deadline-for-toxic-assets-plan-a-1357