| Troubled Asset Relief Program: Treasury Continues to Wind down Most Programs, but Housing Programs Remain Active Contributor(s): Penny Hill Press (Editor), United States Government Accountability (Author) |
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ISBN: 1539960331 ISBN-13: 9781539960331 Publisher: Createspace Independent Publishing Platform OUR PRICE: $12.30 Product Type: Paperback - Other Formats Published: November 2016 |
| Additional Information |
| BISAC Categories: - Reference - Political Science | Political Economy |
| Physical Information: 0.12" H x 5.98" W x 9.02" (0.20 lbs) 58 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |