Making Home Affordable

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A program under the Emergency Economic Stabilization Act

105 recipients

$50 billion promised

$1.27 billion actually invested, loaned, or spent

More info from www.financialstability.gov

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Initiatives and Programs » Emergency Economic Stabilization Act

The Mortgage Loan Modification Plan

The administration's plan to stem foreclosures will provide incentives and payments to mortgage lenders and homeowners to promote mortgage loan modifications. The list of recipients below shows the allotment to each participating servicer, but some of that money will also go to lenders and borrowers. So far, the Treasury has set aside a total of $35.6 billion.

You can see a breakdown of how many trial modifications each servicer has begun here.

The program also calls for Fannie Mae and Freddie Mac to absorb as much as $25 billion in costs to modify loans that the companies own or guarantee.

Documents from the Treasury Department
Summary of Guidelines
Modification Program Guidelines
Counselor Q&A
Second Lien Program

ProPublica's Loan Mod Project: We’ve been reporting on the Obama administration’s loan modification program, and we want to hear from homeowners who are applying for one. Tell us your story.

More info from www.financialstability.gov

Go to list of all initiatives and programs

For our blog, resources and more, see our main bailout page.

The following list shows the 105 recipients of Making Home Affordable.

Name	State	Date Entered	Amount Committed by MHA
Select Portfolio Servicing	Utah	Apr 13, 2009	$913,840,000
CitiMortgage	Mo.	Apr 13, 2009	$1,984,190,000
Wells Fargo Bank, NA	Iowa	Apr 13, 2009	$3,688,390,000
GMAC Mortgage	Pa.	Apr 13, 2009	$1,875,370,000
Saxon Mortgage Services	Texas	Apr 13, 2009	$1,242,130,000
JPMorgan Chase subsidiaries	N.J.	Jul 31, 2009	$5,072,850,000
Ocwen Financial Corporation	Fla.	Apr 16, 2009	$933,600,000
Bank of America subsidiaries (incl. Countrywide)	Calif.	Apr 20, 2009	$10,602,330,000
Green Tree Servicing	Minn.	Apr 24, 2009	$105,040,000
Carrington Mortgage Services	Calif.	Apr 27, 2009	$279,990,000
Aurora Loan Services	Colo.	May 1, 2009	$469,020,000
Nationstar Mortgage	Texas	May 28, 2009	$331,950,000
Residential Credit Solutions	Texas	Jun 12, 2009	$45,460,000
CCO Mortgage	Va.	Jun 17, 2009	$175,100,000
RG Mortgage Corporation	Puerto Rico	Jun 17, 2009	$3,490,000
First Federal Savings and Loan	Wash.	Jun 19, 2009	$2,790,000
Wescom Central Credit Union	Calif.	Jun 19, 2009	$17,360,000
Citizens First Wholesale Mortgage Company	Fla.	Jun 26, 2009	$610,000
Technology Credit Union	Calif.	Jun 26, 2009	$2,250,000
PNC Mortgage	Ohio	Jun 26, 2009	$700,430,000
Wachovia subsidiaries	Iowa	Jul 29, 2009	$2,124,010,000
Bayview Loan Servicing, LLC	Fla.	Jul 1, 2009	$111,700,000
Lake National Bank	Ohio	Jul 10, 2009	$380,000
IBM Southeast Employees' Federal Credit Union	Fla.	Jul 10, 2009	$1,110,000
MorEquity, Inc.	Ind.	Jul 17, 2009	$66,520,000
PNC Bank, NA	Pa.	Jul 17, 2009	$37,510,000
Farmers State Bank	Ohio	Jul 17, 2009	$130,000
ShoreBank	Ill.	Jul 17, 2009	$3,560,000
American Home Mortgage Servicing, Inc	Texas	Jul 24, 2009	$1,469,270,000
Mortgage Center, LLC	Mich.	Jul 24, 2009	$8,830,000
Mission Federal Credit Union	Calif.	Jul 24, 2009	$7,120,000
First Bank	Mo.	Jul 29, 2009	$5,610,000
Purdue Employees Federal Credit Union	Ind.	Jul 29, 2009	$2,290,000
Lake City Bank	Ind.	Aug 5, 2009	$250,000
Oakland Municipal Credit Union	Calif.	Aug 5, 2009	$640,000
HomEq Servicing	Calif.	Aug 5, 2009	$516,520,000
Litton Loan Servicing	Texas	Aug 12, 2009	$1,363,320,000
PennyMac Loan Services	Calif.	Aug 12, 2009	$35,810,000
Servis One, Inc.	Pa.	Aug 12, 2009	$4,740,000
Horicon Bank	Wis.	Sep 2, 2009	$1,730,000
Vantium Capital, Inc.	Texas	Sep 2, 2009	$3,920,000
OneWest Bank	Calif.	Aug 28, 2009	$2,170,170,000
Stanford Federal Credit Union	Calif.	Aug 28, 2009	$3,050,000
RoundPoint Mortgage Servicing Corporation	N.C.	Aug 28, 2009	$390,000
Central Florida Educators Federal Credit Union	Fla.	Sep 9, 2009	$780,000
U.S. Bank National Association	Ky.	Sep 9, 2009	$188,550,000
CUC Mortgage Corporation	N.Y.	Sep 9, 2009	$11,000,000
ORNL Federal Credit Union	Tenn.	Sep 11, 2009	$5,260,000
Allstate Mortgage Loans & Investments, Inc.	Fla.	Sep 11, 2009	$230,000
Metropolitan National Bank	Ark.	Sep 11, 2009	$970,000
Franklin Credit Management Corporation	N.J.	Sep 11, 2009	$13,770,000
Bay Federal Credit Union	Calif.	Sep 16, 2009	$1,960,000
AMS Servicing, LLC	N.Y.	Sep 23, 2009	$2,260,000
Schools Financial Credit Union	Calif.	Sep 23, 2009	$1,420,000
Glass City Federal Credit Union	Ohio	Sep 23, 2009	$280,000
Central Jersey Federal Credit Union	N.J.	Sep 23, 2009	$160,000
Yadkin Valley Bank	N.C.	Sep 23, 2009	$650,000
SEFCU	N.Y.	Sep 25, 2009	$560,000
Great Lakes Credit Union	Ill.	Oct 14, 2009	$1,600,000
Mortgage Clearing Corporation	Okla.	Oct 14, 2009	$1,960,000
United Bank Mortgage Corporation	Mich.	Oct 21, 2009	$430,000
Bank United	Fla.	Oct 23, 2009	$98,030,000
IC Federal Credit Union	Mass.	Oct 23, 2009	$800,000
Harleysville National Bank & Trust Company	Pa.	Oct 28, 2009	$1,070,000
Members Mortgage Company, Inc	Mass.	Oct 28, 2009	$510,000
DuPage Credit Union	Ill.	Oct 30, 2009	$80,000
Los Alamos National Bank	N.M.	Nov 6, 2009	$740,000
Quantum Servicing Corporation	Fla.	Nov 18, 2009	$19,850,000
Hillsdale County National Bank	Mich.	Nov 18, 2009	$1,750,000
QLending, Inc.	Fla.	Nov 18, 2009	$20,000
Marix Servicing, LLC	Ariz.	Nov 25, 2009	$21,310,000
Home Financing Center, Inc	Fla.	Nov 25, 2009	$230,000
First Keystone Bank	Pa.	Nov 25, 2009	$1,330,000
Community Bank & Trust Company	Pa.	Dec 4, 2009	$390,000
Idaho Housing and Finance Association	Idaho	Dec 4, 2009	$9,870,000
Citizens 1st National Bank	Ill.	Dec 16, 2009	$650,000
Golden Plains Credit Union	Kan.	Dec 23, 2009	$180,000
First Federal Savings and Loan Association of Lakewood	Ohio	Dec 16, 2009	$3,620,000
Sound Community Bank	Wash.	Dec 16, 2009	$460,000
Horizon Bank, NA	Ind.	Dec 16, 2009	$730,000
Park View Federal Savings Bank	Ohio	Dec 16, 2009	$800,000
Iberiabank	Fla.	Dec 23, 2009	$4,430,000
Grafton Suburban Credit Union	Mass.	Dec 23, 2009	$360,000
Eaton National Bank & Trust Company	Ohio	Dec 23, 2009	$60,000
Tempe Schools Credit Union	Ariz.	Dec 23, 2009	$110,000
Spirit of Alaska Federal Credit Union	Alaska	Dec 9, 2009	$370,000
American Eagle Federal Credit Union	Conn.	Dec 9, 2009	$1,660,000
Silver State Schools Credit Union	Nev.	Dec 9, 2009	$1,970,000
Fidelity Homestead Savings Bank	La.	Dec 9, 2009	$3,080,000
Bay Gulf Credit Union	Fla.	Dec 9, 2009	$240,000
The Golden 1 Credit Union	Calif.	Dec 9, 2009	$6,450,000
Sterling Savings Bank	Wash.	Dec 9, 2009	$2,350,000
HomeStar Bank & Financial Services	Ill.	Dec 11, 2009	$330,000
Glenview State Bank	Ill.	Dec 11, 2009	$390,000
Verity Credit Union	Wash.	Dec 11, 2009	$630,000
Hartford Savings Bank	Wis.	Dec 11, 2009	$660,000
The Bryn Mawr Trust Co.	Pa.	Dec 11, 2009	$150,000
Fresno County Federal Credit Union	Calif.	Jan 13, 2010	$260,000
Roebling Bank	N.J.	Jan 13, 2010	$240,000
First National Bank of Grant Park	Ill.	Jan 13, 2010	$140,000
Specialized Loan Servicing, LLC	Colo.	Jan 13, 2010	$64,150,000
Greater Nevada Mortgage Services	Nev.	Jan 13, 2010	$770,000
Digital Federal Credit Union	Mass.	Jan 15, 2010	$3,050,000
iServe Residential Lending, LLC	Calif.	Jan 29, 2010	$960,000
United Bank	Ga.	Jan 29, 2010	$540,000