Hardest Hit Fund

The United States Treasury established the Hardest Hit Fund in February 2010, to provide targeted aid to states hit hardest by the subprime mortgage crisis which began in 2007. ^[1]

6 relations: Fox News, Home Affordable Modification Program, Subprime mortgage crisis, Troubled Asset Relief Program, United States Department of the Treasury, Washington, D.C..

Fox News

Fox News (officially known as the Fox News Channel, commonly abbreviated to FNC) is an American basic cable and satellite television news channel owned by the Fox Entertainment Group, a subsidiary of 21st Century Fox.

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Home Affordable Modification Program

The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.

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Subprime mortgage crisis

The United States subprime mortgage crisis was a nationwide banking emergency, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 – June 2009.

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Troubled Asset Relief Program

The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was signed into law by President George W. Bush on October 3, 2008.

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United States Department of the Treasury

The Department of the Treasury (USDT) is an executive department and the treasury of the United States federal government.

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Washington, D.C.

Washington, D.C., formally the District of Columbia and commonly referred to as Washington or D.C., is the capital of the United States of America.

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References

[1] https://en.wikipedia.org/wiki/Hardest_Hit_Fund

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