Author : United States. Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 26 pages
File Size : 15,10 MB
Release : 2018-05-12
Category : Banks and banking
ISBN : 9781719018289
Troubled Asset Relief Program: Status of Housing Programs
Author : U S Government Accountability Offi Gao
Publisher : Independently Published
Page : 30 pages
File Size : 39,24 MB
Release : 2019-06-07
Category :
ISBN : 9781072655237
TROUBLED ASSET RELIEF PROGRAM: Status of Housing Programs
Author : United States. Government Accountability Office
Publisher :
Page : 24 pages
File Size : 42,54 MB
Release : 2017
Category : Banks and banking
ISBN :
Author : United States. Government Accountability Office
Publisher :
Page : 0 pages
File Size : 32,46 MB
Release : 2022
Category : Economic stabilization
ISBN :
Author : United States. Government Accountability Office
Publisher : Createspace Independent Publishing Platform
Page : 30 pages
File Size : 26,62 MB
Release : 2017-07-19
Category : Banks and banking
ISBN : 9781973724377
" 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. "
Author : Orice Williams Brown
Publisher : DIANE Publishing
Page : 119 pages
File Size : 14,85 MB
Release : 2011-04
Category : Reference
ISBN : 1437944973
Since the Troubled Asset Relief Program (TARP) was implemented, GAO has issued more than 40 reports containing more than 60 recommendations to the Treasury Dept. (Treasury). This report assesses the status of Treasury's implementation of these recommendations and current condition of TARP. Specifically, this report provides info. on; (1) the condition and status of active TARP programs; (2) Treasury's progress in implementing an effective management structure, including staffing for the Office of Financial Stability (OFS), overseeing contractors, and establishing a comprehensive system of internal control; and (3) trends in the status of key relevant economic indicators. Illus. A print on demand report.
Author :
Publisher : DIANE Publishing
Page : 27 pages
File Size : 25,65 MB
Release :
Category :
ISBN : 1437983405
Author : United States Government Accountability
Publisher : Createspace Independent Publishing Platform
Page : 58 pages
File Size : 10,34 MB
Release : 2016-11-07
Category :
ISBN : 9781539960331
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.
Author : Mathew J. Scire
Publisher :
Page : 50 pages
File Size : 15,73 MB
Release : 2015-08-07
Category :
ISBN : 9781457869600
The Department of the Treasury has allocated $37.5 billion in Troubled Asset Relief Program (TARP) funds to help struggling homeowners avoid potential foreclosure since 2009. Between February 2009 and May 2015, Treasury disbursed approximately $16.3 billion of these funds. The number of new borrowers with permanent modifications added to the Home Affordable Modification Program (HAMP), the key component of these programs, began to decline in late 2013 but has stabilized at between 9,000 and 15,000 additions per month. This report examines the status of TARP-funded housing programs in June 2015; and (2) the extent to which Treasury's analytic framework for considering recent program changes was consistent with federal guidance and best practices. Tables and figures. This is a print on demand report.
Author : U.s. Government Accountability Office
Publisher :
Page : 58 pages
File Size : 38,85 MB
Release : 2017-08-04
Category :
ISBN : 9781974229185
"More than 3 years have passed since Treasury made up to $50 billion available to help struggling homeowners through the MHA program, and foreclosure rates remain near historically high levels. Further, more than 2 years after Treasury set up the Hardest Hit Fund to help homeowners in high-unemployment states, much of the money remains unspent. The Emergency Economic Stabilization Act of 2008, which authorized Treasury to create TARP, requires GAO to report every 60 days on TARP activities. This 60-day report examines (1) the steps Treasury took to design and implement recent changes to MHA, and (2) Treasury's monitoring and oversight of states' implementation of Hardest Hit Fund programs. To address these questions, GAO analyzed data and interviewed officials from Treasury, five selected Hardest Hit Fund states, and five large MHA servicers."
