Treasury Department Releases Details on Public-Private Partnership Investment Program
26 March 2009
Mayer Brown Legal Update
The Public-Private Partnership Investment Program (PPIP) is the most recent program to be announced under the US Treasury Department’s broad-based Financial Stability Plan. The PPIP will consist of two distinct components: (i) a program to address certain real estate loans held on the books of insured depository institutions, and (ii) a program to help create price discovery and a more liquid secondary market for certain securities backed by loan portfolios held by a broader variety of financial institutions.