TARP Tracker - User Guide

• User Guide
• TARP Reports
• Definitions

Daily TARP Update
This report provides a daily snapshot on the amount of funds disbursed and recovered to date for each individual TARP program, as well as additional financial information. This report is updated after each business day.

Dividends and Interest Report
This report include information on all dividend and interest payments received on TARP investments in the previous month. These reports are released on the 10th of every month (or the first business day following the 10th when it falls on a weekend or holiday).

Making Home Affordable Program Performance Report
Each month Treasury releases a Making Home Affordable Program Performance Report, which provides detailed metrics on the Making Home Affordable (MHA) Program. Once per quarter, the MHA report is expanded to include detailed assessments of the performance of servicers participating in the Making Home Affordable program. Treasury provides information about servicer performance through two types of data:

• Compliance data, which reflects servicer compliance with specific MHA guidelines; and
• Program results data, which reflects how timely and effectively servicers assist eligible homeowners and report program activity.

Monthly Report to Congress
This report, formerly known as the 105(a) report, provides a monthly overview of how TARP funds have been used, how much has been recovered, the latest cost estimates for TARP, the program's operating expenses, and other information on the program. The report is issued pursuant to Section 105(a) of the Emergency Economic Stabilization Act of 2008. Treasury publishes it on the 10th of each month (or the first business day following the 10th, when it falls on a weekend or holiday).

Public Private Investment Program Quarterly Report
Treasury produces a quarterly report on PPIP that provides detailed information on the funds, their investments, and returns. It is typically released within one month after the end of each quarter.

Annual Agency Financial Report
These annual reports contain the financial statements for TARP, the Government Accountability Office's (GAO) audit opinion on those financial statements, a separate opinion on OFS' internal controls over financial reporting, and results of GAO's tests of OFS' compliance with selected laws and regulations. The AFR is produced annually for the prior fiscal year and released during the last quarter of the calendar year.

TARP Housing Transaction Reports
TARP Housing Transaction Reports show TARP investments in Making Home Affordable, the Hardest Hit Fund, and the FHA Short Refinance Program and are updated to reflect transactions such as periodic adjustments to MHA program participation caps and MHA incentive payments. Transactions Reports are published to this website within two business days of the completion of any new transaction.

TARP Investment Program Transaction Reports
Transactions Investment Program Reports provide transaction-level detail for all TARP programs except housing programs. Information found in these report includes: investment amount, capital repayments, warrant dispositions, and exchanges. Transactions Reports are published to this website within two business days of the completion of any new transaction.

AIG
Investment in American International Group, Inc. (AIG)
In 2008 AIG was the largest provider of conventional insurance in the world and on the brink of collapse. This category includes Treasury’s and the Federal Reserve Bank of New York’s (FRBNY) actions to prevent a disorderly failure of the company.

AIG – Non TARP shares
Shares held and managed by Treasury outside of TARP that were received from the trust created by the Federal Reserve Board of New York for the benefit of Treasury as a result of its loan to AIG.

Auto
Automotive Industry Financing Program (AIFP)
This category refers to all TARP programs initiated to address the condition of the Auto Industry during the crisis and to prevent the uncontrolled liquidation of Chrysler, Chrysler Financial, General Motors (GM), and GMAC (now Ally).

Bank
Bank Investment Programs
Treasury committed the largest percentage of TARP funds to its Bank Investment Programs to stabilize America’s banking system.

Credit
Credit Market Programs
These programs were designed to restart credit markets so consumers and businesses could once again get loans.

Housing
Housing Programs Under TARP
This category includes programs created under TARP to strengthen the housing market and help struggling homeowners prevent avoidable foreclosures. TARP housing programs are different than the other programs in that the funds disbursed were never intended to be recovered.

Obligated
Funds authorized by Congress to be spent by TARP.

Disbursed
Funds actually distributed to TARP recipients.

Principal Repayments
Funds returned to Treasury that reduce the outstanding balance of the original amount invested or lent under a TARP Program.

Outstanding
This amount represents Treasury's outstanding position in institutions that received assistance. Outstanding balance is equal to original amount disbursed less any principal repayments, write-offs, and realized losses.

Total Cash Back
The sum of all cash returned from Treasury’s TARP investments. This figure includes principal payments, interest, dividends, fees paid, and proceeds from Treasury’s sale of such investments.

Gain
Positive return representing the excess of cash back over cash disbursed.