1. TREPP SELECTED BY FEDERAL RESERVE BANK OF NEW YORK
AS A COLLATERAL MONITOR FOR TALF
New York City - June 16, 2009 – Trepp LLC has been selected by the Federal Reserve Bank of New
York as a collateral monitor for CMBS as part of the “Term Asset-Backed Securities Loan Facility” (TALF).
The TALF is designed to increase credit availability and support economic activity in part by facilitating
renewed issuance of consumer and business asset-backed securities (ABS) and CMBS. Trepp is an
established provider of information and analytic services to the CMBS and commercial mortgage finance
industries. As a collateral monitor for the newly issued and legacy CMBS assets, Trepp will assist the
New York Fed by providing valuation, modeling, analytics and reporting, as well as advising on these
matters. Trepp will not establish policies or make decisions for the New York Fed, including decisions
whether to reject a CMBS as collateral for a TALF loan or exclude loans from mortgage pools. Trepp will
utilize the analytics and forecasting services of its subcontractor and sister company, Boston-based
Property and Portfolio Research (PPR).
Trepp was awarded the contract after a competitive bidding process.
“We are honored to have been selected by the Federal Reserve Bank of New York to support TALF,” said
Annemarie DiCola, Trepp’s Chief Executive Officer. “This contract recognizes Trepp’s ability to provide in-
depth information and analysis on CMBS. As Collateral Monitor, we look forward to working closely with
the Federal Reserve Bank of New York to facilitate the success of TALF.”
For additional details of the TALF program please visit
http://www.newyorkfed.org/markets/talf_cmbs_faq.html
About Trepp, LLC
Trepp LLC, headquartered in New York City, is an established independent provider of CMBS and commercial real estate
information, analytics and technology in the securities and investment management industry. Trepp serves the needs of both the
primary and secondary markets by providing one of the largest commercially available trading quality CMBS deal libraries, as well
as a suite of products for the CRE derivatives and whole loan markets. Trepp's clients include broker dealers, commercial banks,
asset managers, and investors.
About PPR
PPR, headquartered in Boston, is an established provider of independent global real estate research and portfolio strategy services
to the institutional real estate community. PPR provides views on markets in North America, Europe and Asia and offers expertise in
real estate markets, real estate portfolio analysis, mortgage risk, and the design of real estate investment strategies. Clients include
commercial banks, insurance companies, Wall Street firms, rating agencies, government agencies, pension funds, investment
advisors, real estate investment trusts, and private investors.
Trepp and PPR are each wholly owned by DMG Information, Inc., the business information division of Daily Mail and General Trust,
plc (DMGT).
Press Contact:
Great Ink Communications
Roxanne Donovan/Eric Gerard/Barbara Nelson
212-741-2977