ProPublica

Journalism in the Public Interest

New Penn Financial, LLC dba Shellpoint Mortgage Servicing

Greenville, S.C. | See all recipients in South Carolina

Entities in this category received subsidies through one of TARP’s housing programs and aren’t expected to return the money

$63.4M Disbursed
$67.1M Committed
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

See our page summarizing the mortgage modification program for more information.

Note: Subsidies for the mortgage modification program are listed separately from other commitments. So if a company received other assistance, that will be listed separately.

Mortgage Servicer Chart

See how this mortgage servicer and others did under the Treasury's foreclosure prevention program.

Events

  • $67.1M Bailout

    Jan. 22, 2015 Incentive Payments for Home Loan Modification

    $63.4M has actually been disbursed.
    Sep. 30, 2017: $63.4M

    Subsidy as of September 2017: Borrower: $24,886,755.24; Investor: $26,172,145.23; Servicer: $12,321,375.70

Date Type Amount Program Description
01/22/2015 Subsidy $67,061,485 MHA Incentive Payments for Home Loan Modification

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