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Results 1 to 5 of 5

Thread: TARP money

  1. #1
    susan9240 is offline Fixer Upper
    Join Date
    Oct 2010
    Posts
    15

    Default TARP money

    Just wondering if anyone has any idea about how to get money from the TARP funds. Looking to do some things with multifamily. Any feedback would be really helpful!

  2. #2
    clive123 is offline Fixer Upper
    Join Date
    Jan 2011
    Posts
    22

    Default

    The Troubled Asset Relief Program (TARP) has mostly gone to buoying up financial institutions with some help to the stressed auto industry as well. So if your name is Bank of America, Citigroup or GM then well done are in organize.

  3. #3
    ryanhmt is offline Fixer Upper
    Join Date
    Nov 2010
    Location
    London
    Posts
    34

    Exclamation Re: TARP money

    I don't have any Idea about TARP. But, I would love to read some facts about TARP. Please suggest some useful information. If these successions are of your own practical knowledge! Yours welcome..

  4. #4
    Arun is offline Condominium
    Join Date
    Nov 2010
    Posts
    105

    Default

    TARP [Troubled Asset Recovery Program] was created in October 2008. In it banks has the right to submit a bid price to sell their toxic mortgage-backed securities to the Treasury Dept. as part of a reverse auction.

  5. #5
    susan9240 is offline Fixer Upper
    Join Date
    Oct 2010
    Posts
    15

    Default

    I understand that it is mostly for the investors and I know a ton about the program. But I also know that there is a way you can get it in smaller amounts and that's what I was asking about.

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