Saint Clair Homes

The Troubled Assets Relief Program (TARP) was supposed to be the government’s answer to help stabilize the financial market, in which the subprime mortgage crisis is a large part. Simply put the TARP buys difficult- to value assets from hurting financial institutions and banks enabling them to “balance” their accounts and avoid further loses. The manner in which this is accomplished is complicated and a bit difficult to understand. In addition to its complexity, there have been some changes made to the initial program. To learn more about TARP how it works, the effectiveness, etc….