Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Troubled Asset Relief Program: Treasury Continues to Wind down Most Programs, but Housing Programs Remain Active

Troubled Asset Relief Program: Treasury Continues to Wind down Most Programs, but Housing Programs Remain Active

United States Government Accountability
Penny Hill Press

Paperback

General ReferenceGeneral Political Science

ISBN10: 1539960331
ISBN13: 9781539960331
Publisher: Createspace
Published: Nov 7 2016
Pages: 58
Weight: 0.20
Height: 0.12 Width: 5.98 Depth: 9.02
Language: English
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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