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Oversight Board Sees TARP Aiding Borrowers 

Jul 20, 2009By

Efforts by federal regulators to promote liquidity in the asset- and specifically mortgage-backed securities market has overall helped mortgage borrowers, according to a second-quarter report by the Financial Stability Oversight Board on the Treasury Department’s implementation of the Troubled Asset Relief Program (TARP) and other programs within the Emergency Economic Stabilization Act of 2008.

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