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TROUBLED ASSET RELIEF PROGRAM: Treasury Continues to Wind down Most Programs, but Housing Programs Remain Active - Softcover

United States Government Accountability Office

 
9781539960331: TROUBLED ASSET RELIEF PROGRAM: Treasury Continues to Wind down Most Programs, but Housing Programs Remain Active
Softcover
ISBN 10: 1539960331 ISBN 13: 9781539960331
Publisher: CreateSpace Independent Publishing Platform, 2016

Synopsis

The Emergency Economic Stabilization Act of 2008 (EESA) authorized Treasury to create TARP, designed to restore liquidity and stability to the financial system and to preserve homeownership by assisting borrowers struggling to make their mortgage payments. Congress reduced the initial authorized amount of $700 billion to $475 billion as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. EESA also required that GAO report every 60 days on TARP activities in the financial and mortgage sectors. This report provides an update on the condition of all TARP programs—nonhousing and housing—as of September 30, 2014.

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Publisher
CreateSpace Independent Publishing Platform
Publication date
2016
Language
English
ISBN 10 
1539960331
ISBN 13 
9781539960331
Binding
Paperback
Number of pages
58
Editor
Penny Hill Press