SIGTARP recommends that Treasury complete an assessment to determine the extent to which current economic conditions, particularly increased inflation and essential living costs, are impacting HAMP homeowners. SIGTARP also recommends that Treasury take action, within its authority, to address any findings from its assessment that indicate economic conditions are impacting HAMP homeowners and increasing the risk that the program will not achieve its goal of preventing avoidable foreclosures.
Report File
Date Issued
Submitting OIG
Special Inspector General for the Troubled Asset Relief Program
Other Participating OIGs
Special Inspector General for the Troubled Asset Relief Program
Agencies Reviewed/Investigated
Troubled Asset Relief Program
Report Number
2022-001
Report Description
Report Type
Audit
Agency Wide
Yes
Number of Recommendations
2
Questioned Costs
$0
Funds for Better Use
$0