Eye on the Bailout
Bank of America subsidiaries (incl. Countrywide)
Simi Valley, Calif.
| Committed: | $10,602,330,000 | ||||
Jump to listing of transactions
| 1.7% | of all bailout funds committed. |
| 28.8% | of the Mortgage Servicer industry bailout. |
Map: Corporate headquarters of Bank of America subsidiaries (incl. Countrywide).
See all recipients in California
Events
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$2.4B
Apr 17, 2009 Incentive Payments for Home Loan Modification
Investment cap reflects adjustment made on Jan. 26, 2010.
Part of the Making Home Affordable
More info from financialstability.gov
$0 has actually been disbursed.
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$7.2B
Apr 17, 2009 Incentive Payments for Home Loan Modification
This amount has been set aside for Countrywide, a subsidiary of Bank of America. The amount was adjusted on Jan. 26, 2010.
Part of the Making Home Affordable
More info from financialstability.gov
$0 has actually been disbursed.
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$323.2M
Apr 20, 2009 Incentive Payments for Home Loan Modification
This amount has been set aside for Wilshire Credit Corporation, a subsidiary of Bank of America. The amount was adjusted on Dec. 30, 2009.
Part of the Making Home Affordable
More info from financialstability.gov
$0 has actually been disbursed.
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$639.9M
Apr 20, 2009 Incentive Payments for Home Loan Modification
This amount has been set aside for Home Loan Services, a subsidiary of Bank of America. The amount was adjusted on Dec. 30, 2009.
Part of the Making Home Affordable
More info from www.financialstability.gov
$0 has actually been disbursed.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 04/20/2009 | Subsidy | $323,160,000 | MHA | Incentive Payments for Home Loan Modification |
| 04/20/2009 | Subsidy | $639,850,000 | MHA | Incentive Payments for Home Loan Modification |
| 04/17/2009 | Subsidy | $2,433,020,000 | MHA | Incentive Payments for Home Loan Modification |
| 04/17/2009 | Subsidy | $7,206,300,000 | MHA | Incentive Payments for Home Loan Modification |
For our blog, resources and more, see our main bailout page.
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
AIG May Soon Lose Crown as Biggest Bailout Debtor 12/1
GM Announces It Will Pay Back Gov’t Loan … With Gov’t Money 11/16
Govt’s Attempt to Push Transparency for Mortgage Mods Falls Short 11/13
Adding Up the Financial Rescue: Fall Edition 10/2
Why Authorities Haven’t Stopped the Foreclosure ‘Rescue’ Boom 9/24
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