H41: Change to the H.4.1 to include information related to MS Facilities LLC.
By FEDERAL RESERVE - Dec 02, 2022, 01:06 PM ET
Last Updated - Feb 09, 2023, 12:33 AM EST
In table 4, the footnote for the outstanding amount of facility asset purchases for MS Facilities LLC (Main Street Lending Program) has been revised to reflect the inclusion of an allowance for loan losses in alignment with generally accepted accounting principles. The allowance for loan losses was estimated based upon the Main Street Lending Program holdings updated as of September 30, 2020, and does not indicate actual losses experienced by the program. The estimated allowance for loan losses for the Main Street Lending program will be updated on a quarterly basis going forward.