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Troubled Asset Relief Program (TARP): Treasury Department Could More Consistently Analyze Potential Benefits and Costs of Housing Program Changes
Troubled Asset Relief Program (TARP): Treasury Department Could More Consistently Analyze Potential Benefits and Costs of Housing Program Changes
 
Our Price: $25.00
By Mathew J. Scire (au)
Year: 2015
Pages: 50
Binding Paperback
ISBN 978-1-4578-6960-0

Product Code: 1457869608

Description
 
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 Treasuryńˇ╗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.

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