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Where is the Money?

Eye on the Bailout

Companies » Mortgage Servicer

Wells Fargo Bank, NA

$5,125,687,058
Committed
17.2%
of Mortgage Servicer bailout commitment
0.9%
of total bailout commitment.
Disbursed $343,927,277

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Map: Corporate headquarters of Wells Fargo Bank, NA.
Des Moines, Iowa
See all recipients in Iowa

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The home mortgage arm of Wells Fargo. Its amount includes the subsidy allocation for Wachovia's mortgage servicing subsidiaries as well, due to the merger.

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

  • $5B Bailout

    Apr. 13, 2009 Incentive Payments for Home Loan Modification

    Investment cap reflects adjustment made on Feb. 16, 2012. It includes an amount previously attributed to Wachovia Mortgage FSB, due to the merger.

    Part of Making Home Affordable
    More info from www.treasury.gov

    $343.9M has actually been disbursed.
    Jan. 31, 2012: $343.9M

    Subsidy as of January 2012: Borrower: $61,787,096; Investor: $155,532,582; Servicer: $126,607,599

Date Type Amount Program Description
04/13/2009 Subsidy $5,125,687,058 MHA Incentive Payments for Home Loan Modification

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