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Troubled Asset Relief Program, status of housing programs: report to congressional committees.

Troubled Asset Relief Program, status of housing programs: report to congressional committees.

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General Reference

ISBN10: 1973724375
ISBN13: 9781973724377
Publisher: Createspace
Published: Jul 19 2017
Pages: 30
Weight: 0.21
Height: 0.06 Width: 8.50 Depth: 11.00
Language: English
Since 2009 Treasury has obligated $37.51 billion in TARP funds to help struggling homeowners avoid foreclosure. The Emergency Economic Stabilization Act of 2008 included a provision for GAO to report at least every 60 days on TARP activities. This report provides an update on the status and condition of Treasury's TARP-funded housing programs as of October 31, 2016. To do this work, GAO reviewed Treasury documentation and prior GAO reports on TARP. We also interviewed Treasury officials. This report contains the most recently available public data in Treasury's reports at the time of our review, including obligations, disbursements, and program participation.

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