Author: Publisher: DIANE Publishing
ISBN: 1437983405
Category :
Languages : en
Pages : 27
Book Description
Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations: Testimony Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate
Author: Publisher: DIANE Publishing
ISBN: 1437983405
Category :
Languages : en
Pages : 27
Book Description
Troubled Asset Relief Program
Author: Thomas Joseph McCoolPublisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 24
Book Description
Troubled Asset Relief Program
Author: United States Government Accountability OfficePublisher: Createspace Independent Publishing Platform
ISBN: 9781983535901
Category :
Languages : en
Pages : 120
Book Description
Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations
Troubled Asset Relief Program
Author: United States. Government Accountability OfficePublisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 111
Book Description
Troubled Asset Relief Program
Author: United States Government Accountability OfficePublisher: Createspace Independent Publishing Platform
ISBN: 9781976187353
Category :
Languages : en
Pages : 112
Book Description
GAO's eighth report assesses the Troubled Asset Relief Program's (TARP) impact over the last year. Specifically, it addresses (1) the evolution of TARP's strategy and the status of TARP programs as of September 25, 2009; (2) the Department of the Treasury's (Treasury) progress in creating an effective management structure, including hiring for the Office of Financial Stability (OFS), overseeing contractors, and establishing a comprehensive system of internal control; and (3) indicators of TARP's performance that could help Treasury decide whether to extend the program. GAO reviewed relevant documentation and met with officials from OFS, contractors, and financial regulators. While Treasury has been generally responsive to GAO's prior 35 recommendations, GAO reiterates the importance of fully implementing several previous recommendations. GAO also makes three new recommendations. Specifically, the Secretary should (1) coordinate with the Federal Reserve and FDIC to help ensure that the decision to extend or terminate TARP is considered in a broader market context, (2) document and communicate the results of its determination, and (
Risk-Based Capital
Author: Lawrence D. CluffPublisher: DIANE Publishing
ISBN: 0788186701
Category :
Languages : en
Pages : 187
Book Description
TARP Oversight
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 684
Book Description
Troubled Asset Relief Program
Author: U S Government Accountability Offi GaoPublisher: Independently Published
ISBN: 9781072623458
Category :
Languages : en
Pages : 28
Book Description
TROUBLED ASSET RELIEF PROGRAM: Status of Prior GAO Recommendations
Troubled Asset Relief Program
Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on OversightPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 76
Book Description
Troubled Asset Relief Program
Author: Government Accountability OfficePublisher:
ISBN: 9781974641369
Category :
Languages : en
Pages : 26
Book Description
"Mortgage loan defaults and foreclosures are key factors behind the current economic downturn. In response, Congress passed and the President signed the Emergency Economic Stabilization Act of 2008, which authorized the Department of the Treasury to establish the Troubled Asset Relief Program (TARP). Under TARP, Treasury created the Home Affordable Modification Program (HAMP) as its cornerstone effort to meet the act's goal of protecting home values and preserving homeownership. This statement focuses on (1) HAMP's program activities to date, (2) status of GAO's July 2009 recommendations to strengthen HAMP's transparency and accountability, (3) preliminary findings from GAO's current work evaluating servicers' implementation of HAMP, and (4) additional challenges HAMP faces going forward.GAO obtained information from 10 HAMP servicers of various sizes that accounted for 71 percent of the TARP funds allocated to participating servicers. GAO reviewed their policies and procedures, interviewed management and quality assurance staff, and observed a sample of phone calls between borrowers and servicers. GAO is also reviewing samples of loan files for borrowers offered and denied HAMP trial modifications. Finally, GAO spoke..."