Last Friday, Treasury released its most recent completed transactions report for the period ending September 22, 2009. Valley National Bancorp repurchased an additional $125 million of the preferred stock it issued to Treasury under the Capital Purchase Program (CPP). This repurchase was the second made by Valley National and leaves Treasury with a $100 million investment in the company. Treasury’s total investment under the CPP, net of repayments, is now $133,880,056,000. Treasury also provided $5.28 million in incentive commitments to five mortgage servicers under the Home Affordable Modification Program, bringing the total cap on incentive payments, after adjustments, to $22,281,720,000.