Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations
Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations

Author: Orice Williams Brown

Publisher: DIANE Publishing

Published: 2011-04

Total Pages: 119

ISBN-13: 1437944973

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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.

Troubled Asset Relief Program
Troubled Asset Relief Program

Author: United States Government Accountability Office

Publisher: Createspace Independent Publishing Platform

Published: 2018-01-14

Total Pages: 28

ISBN-13: 9781983819889

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Troubled Asset Relief Program: Status of Programs and Implementation of GAO Recommendations

Troubled Asset Relief Program
Troubled Asset Relief Program

Author: U.s. Government Accountability Office

Publisher:

Published: 2017-08-17

Total Pages: 120

ISBN-13: 9781974642465

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"Since the Troubled Asset Relief Program (TARP) was implemented, GAO has issued more than 40 reports containing more than 60 recommendations to the Department of the Treasury (Treasury). This report assesses the status of Treasury's implementation of GAO's recommendations and current condition of TARP. Specifically, this 60-day report provides information 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. GAO reviewed relevant documentation from various TARP programs and met with OFS officials and financial regulators. GAO also used information from existing reports and ongoing work."

Troubled Asset Relief Program
Troubled Asset Relief Program

Author: Gene L. Dodaro

Publisher: DIANE Publishing

Published: 2010-03

Total Pages: 117

ISBN-13: 1437918166

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The fifth report on the Troubled Asset Relief Program (TARP) follows up on prior recommendations. It also reviews: (1) activities that had been initiated or completed under TARP as of June 12, 2009; (2) the Department of the Treasury's Office of Financial Stability's (OFS) hiring efforts and use of contractors; and (3) TARP performance indicators. To do this, the author reviewed signed agreements and other relevant documentation and met with officials from OFS, contractors, and financial regulators. Includes recommendations. Charts and tables.

Troubled Asset Relief Program
Troubled Asset Relief Program

Author: United States Government Accountability Office

Publisher: Createspace Independent Publishing Platform

Published: 2017-10-05

Total Pages: 32

ISBN-13: 9781977958884

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The Emergency Economic Stabilization Act of 2008 (EESA) authorized the creation of TARP to address the most severe crisis that the financial system had faced in decades. Treasury has been the primary agency responsible for TARP programs. EESA provided GAO with broad oversight authorities for actions taken under TARP and included a provision that GAO report at least every 60 days on TARP activities and performance. This 60-day report describes the status of GAO's TARP performance audit recommendations to Treasury as of August 2015. In particular, this report discusses Treasury's implementation of GAO's recommendations, focusing on two programs: CPP and MHA. GAO's methodologies included assessing relevant documentation from Treasury, interviewing Treasury officials, and reviewing prior TARP reports issued by GAO.

Troubled Asset Relief Program
Troubled Asset Relief Program

Author: United States Government Accountability Office

Publisher: Createspace Independent Publishing Platform

Published: 2017-09-23

Total Pages: 28

ISBN-13: 9781977574671

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The Emergency Economic Stabilization Act of 2008 (EESA) authorized the creation of TARP to address the most severe crisis that the financial system had faced in decades. Treasury has been the primary agency responsible for TARP programs. EESA provided GAO with broad oversight authorities for actions taken under TARP and included a provision that GAO report at least every 60 days on TARP activities and performance. This 60-day report describes the status of GAO's prior TARP performance audit recommendations to Treasury as of August 2016. In particular, this report discusses Treasury's implementation of GAO's recommendations focusing on two programs: CPP and MHA. GAO's methodologies included assessing relevant documentation from Treasury, interviewing Treasury officials, and reviewing prior TARP reports issued by GAO.

TARP Oversight
TARP Oversight

Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Publisher:

Published: 2011

Total Pages: 684

ISBN-13:

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Troubled Asset Relief Program
Troubled Asset Relief Program

Author: Matthew J. Scire

Publisher: DIANE Publishing

Published: 2010-11

Total Pages: 64

ISBN-13: 1437935354

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Congress created the Troubled Asset Relief Program (TARP) to, among other things, preserve homeownership and protect home values. In March 2009, the U.S. Department of the Treasury (Treasury) announced the Home Affordable Modification Program (HAMP) as its cornerstone effort to achieve these goals. This report examines: (1) the extent to which HAMP servicers have treated borrowers consistently; and (2) the actions that Treasury has taken to address the challenges of trial modification conversions, negative equity, redefaults, and program stability. The report obtained information from 10 servicers that account for 71 percent of HAMP funds and spoke with Treasury, Fannie Mae, and Freddie Mac officials. Includes recommendations. Illus.

Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues
Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues

Author: Gene L. Dodaro

Publisher: DIANE Publishing

Published: 2010-02

Total Pages: 15

ISBN-13: 1437913970

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Discusses work on the Troubled Asset Relief Program (TARP), under which the Dept. of the Treasury has the authority to purchase and insure up to $700 billion in troubled assets held by financial institutions through the Office of Financial Stability. Treasury was granted this authority in response to the financial crisis that has threatened the stability of the U.S. banking system and the solvency of numerous financial institutions. The Act that authorized TARP requires a report at least every 60 days on findings resulting from their oversight of the status of actions taken under the program. The act also created additional oversight entities -- the Congressional Oversight Panel and the Special Insp. Gen. for TARP -- that also have reporting respon.