SIGTARP identifies wasteful spending to help the government recover taxpayer funds. We identify abuse and vulnerabilities that put federal dollars at risk of fraud.
- Special Inspector General Goldsmith Romero
SIGTARP audits TARP programs to prevent fraud and abuse, identify wasteful spending, and drive improvements.
TARP housing programs are focused on saving the homes of America's working class. SIGTARP acts as a watchdog over these federal dollars and programs.
When our team of forensic auditors and evaluators find a program at risk, they get to work reviewing documents, interviewing and analyzing.
When an audit confirms a program is at risk, we look for ways to fix the problem by leveraging best practices.
We then issue recommendations to the Department of Treasury, which we share with Congress and the public.
TARP programs include:
The Hardest Hit Fund
Unemployment assistance in the rust belt and southern states
Demolition of abandoned homes to stabilize neighborhoods
Home Affordable Modification Program
Lower homeowner interest rates through contracts to pay mortgage servicers