Troubled Asset Relief Program (TARP)was created in part in response to the practice of lending institutions having allowed individuals to borrow money for homes well beyond their ability to repay which resulted in an escalation of mortgage defaults.

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TARP was indeed created in response to the 2008 financial crisis which was sparked by an escalation of mortgage defaults due to the practice of lending institutions having allowed individuals to borrow money for homes well beyond their ability to repay.

Troubled Asset Relief Program (TARP)was Created in Part in Response