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Troubled Asset Relief Program (TARP): Further Actions to Enhance Assessments and Transparency of Housing Programs
Troubled Asset Relief Program (TARP): Further Actions to Enhance Assessments and Transparency of Housing Programs
 
Our Price: $25.00
By Mathew J. Scire (au)
Year: 2012
Pages: 58
Binding Paperback
ISBN 978-1-4578-3661-9

Product Code: 1457836610

Description
 
More than 3 years have passed since the Treasury Dept. made up to $50 billion available to help struggling homeowners through the Making Home Affordable (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 the Troubled Asset Relief Program (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) Treasuryńˇ╗s monitoring and oversight of statesńˇ╗ implementation of Hardest Hit Fund programs. Figures. This is a print on demand report.

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