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

$49.6M Disbursed
$67.1M Committed
Jump to table of transactions
Find a Bailout
Type the name of a bank:

Find bailouts in your state:


  • 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

    $49.6M has actually been disbursed.
    Mar. 31, 2017: $49.6M

    Subsidy as of March 2017: Borrower: $20,227,630.28; Investor: $19,934,864.87; Servicer: $9,451,463.94

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.