Description
The home mortgage arm of GMAC
Mortgage Servicer Chart
See how this mortgage servicer and others did under the Treasury's foreclosure prevention program.
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Eye on the Bailout
Map: Corporate headquarters of GMAC Mortgage.
See all recipients in Pennsylvania
Events
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$1.9B
Apr. 13, 2009 Incentive Payments for Home Loan Modification
Investment cap reflects adjustment made on Dec. 30, 2009.
Part of the Making Home Affordable
More info from financialstability.gov
$0 has actually been disbursed.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 04/13/2009 | Subsidy | $1,875,370,000 | MHA | Incentive Payments for Home Loan Modification |
For our blog, resources and more, see our main bailout page.
TARP Watchdog Launches Audit of Bailout Contracts 2/9
Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo 2/4
Homeowners Say Banks Not Following Rules for Loan Modifications 1/14
Loan Mod Program Delays Even Worse for Those Struggling Not to Fall Behind 12/21
Bailout Breakdown: Losses Likely to Be Larger Than Treasury Estimates 12/11
Interactive Chart Shows Breakdown of Slow-Moving Loan Mod Program 12/11
Homeowners Getting Blame for Lack of Loan Mods, but Evidence Points to Banks and Servicers, Too 12/9
Bailout Balance Sheet December 2009: Taxpayers’ Revenues Grow, but So Do Losses 12/3
We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .
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