Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Fed to create Commercial Paper Funding Facility
The Federal Reserve Board has announced that it will establish a Commercial Paper Funding Facility (CPFF) to support the flow of credit to households and businesses. Commercial paper markets directly finance a wide range of economic activity, supplying credit and funding for auto loans and mortgages as well as liquidity to meet the operational needs of a range of companies.
Treasury Secretary Mnuchin released a statement in support of the facility. He said the CPFF will support the smooth functioning of the financial markets and that Treasury will provide $10 billion of capital to the CPFF from the Exchange Stabilization Fund.
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