Troubled assets

Troubled assets

In context of the Troubled Asset Relief Program, the term “troubled asset” is defined as:
(A) Mortgages, mortgage backed securities, and instruments derived from these that were originated on or before March 14, 2008, and
(B) Any other financial instrument the purchase of which is necessary to promote financial market stability.
References in periodicals archive ?
At a press conference in Washington, Paulson said a $700 billion rescue plan signed into law last week ''adds broad, flexible authorities for Treasury to buy or insure troubled assets, provide guarantees, and inject capital.
Insurance companies will be dealing with troubled assets and new risk-based capital reserve requirements in 1994.
The unit, Legacy Asset Servicing, was set up in early 2011 as a repository to deal with troubled assets, including subprime loans.
financial industry, Paulson said a $700 billion rescue plan signed into law last week ''adds broad, flexible authorities for Treasury to buy or insure troubled assets, provide guarantees, and inject capital.
The company recently advised a Connecticut bank on the disposition of $240 million in troubled assets and directed the restructuring of a British company's $1 billion U.
MC) said that a bad bank for troubled assets would cost taxpayers money and would not increase lending.
The sooner troubled assets can be purchased from banks, she said, the sooner they will be back in the hands of the entrepreneurs who can "aggressively list and market" the real estate.
It is believed that Spanish banks have EUR176bn of troubled assets.
6 million mortgage was among the troubled assets of City Federal Savings when that institution was seized by the federal Resolution Trust Corporation in 1990.