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Troubled Asset Relief Program

- Treasury continues to face implementation challenges and data weaknesses in its Making Home Affordable Program: report to congressional committees.

af U S Government Accountability Office
Troubled Asset Relief Program af U S Government Accountability Office
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"Two years after the Department of the Treasury (Treasury) first made available up to $50 billion for the Making Home Affordable (MHA) program, foreclosure rates remain at historically high levels. Treasury recently introduced several new programs intended to further help homeowners. This report examines (1) the status of three of these new programs, (2) characteristics of homeowners with first-lien modifications from the Home Affordable Modification Program (HAMP), and (3) the outcomes for borrowers who were denied or fell out of first-lien modifications. To address these questions, GAO analyzed data from Treasury and six large MHA servicers. "

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781974643103
  • Indbinding:
  • Paperback
  • Sideantal:
  • 86
  • Udgivet:
  • 17. august 2017
  • Størrelse:
  • 216x280x5 mm.
  • Vægt:
  • 222 g.
  • 8-11 hverdage.
  • 17. december 2024
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"Two years after the Department of the Treasury (Treasury) first made available up to $50 billion for the Making Home Affordable (MHA) program, foreclosure rates remain at historically high levels. Treasury recently introduced several new programs intended to further help homeowners. This report examines (1) the status of three of these new programs, (2) characteristics of homeowners with first-lien modifications from the Home Affordable Modification Program (HAMP), and (3) the outcomes for borrowers who were denied or fell out of first-lien modifications. To address these questions, GAO analyzed data from Treasury and six large MHA servicers. "

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