Special Inspector General for the Troubled Asset Relief Program

Mortgage servicers have wrongfully terminated homeowners out of the HAMP program

Homeowners have struggled with low admission rates and lengthy delays in getting help from TARP's second largest housing program - the Hardest Hit Fund

Non-Bank private mortgage servicers who have already received more than $1 billion from Treasury are increasing their participation in HAMP, which raises risks to homeowners and the need for significant oversight.

The audit’s objective was to review the use of TARP funds for administrative expenses, operating expenses, or other spending by the 19 state housing finance agencies (and/or their contractors or partners) who receive Hardest Hit Fund dollars.

Treasury’s Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (the “Hardest Hit Fund” or “HHF”) program provides Troubled Asset Relief Program (“TARP”) dollars tohomeowners in 19 states to prevent foreclosures. This includes homeowners in Nevada. HHF is largely targeted at...

Since 2010, the Troubled Asset Relief Program’s (“TARP”) Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets (“Hardest Hit Fund” or “HHF”) has provided funds through housing finance agencies in 18 states and the District of Columbia (“HFAs” or the “state HFAs”) to homeowners...

TARP’s Hardest Hit Fund is an investment in American workers, providing a temporary safety net to help save the homes of unemployed and underemployed working class Americans in Rust Belt states (such as Ohio, Michigan, Indiana and Illinois), Southern states (such as North Carolina, South Carolina...

SIGTARP's Quarterly Report to Congress

SIGTARP's Quarterly Report to Congress

SIGTARP's Quarterly Report to Congress