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Single family homes on the market. Updated weekly.Powered by Altos Research
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30-Yr. Fixed Conforming. Updated hourly during market hours.
6.90%0.01

Emergency Economic Stabilization Act

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Treasury to ‘Inject Capital’ into Banks 

Oct 09, 2008By

The Department of the Treasury might soon begin to inject funds into banks, according to a statement by secretary Henry Paulson Wednesday. The move by the Treasury to directly stimulate lending came after several days of attempts in coordination with the Federal Reserve to implement the Emergency Economic Stabilization Act of 2008 (EESA) and unlock frozen credit markets.

3d rendering of a row of luxury townhouses along a street

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