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Home » Store » News » Industry Gets Mixed Signals Over Whether TARP Spurred Lending

Industry Gets Mixed Signals Over Whether TARP Spurred Lending

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Banks and federal regulators are being pushed to explain how the huge capital infusions under the Troubled Asset Relief Program were used to shore up the mortgage market and the consumer economy, but the data fail to provide a clear picture. The Treasury Department this week issued a report showing that every bank that got TARP funding also posted declining mortgage originations...
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