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Where is the Money?

Eye on the Bailout

Companies » Mortgage Servicer

GMAC Mortgage, Inc.

$1,502,275,924
Committed
5%
of Mortgage Servicer bailout commitment
0.3%
of total bailout commitment.
Disbursed $109,391,129

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Map: Corporate headquarters of GMAC Mortgage, Inc..
Ft. Washington, Pa.
See all recipients in Pennsylvania

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The home mortgage arm of GMAC

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

  • $2B Bailout

    Apr. 13, 2009 Incentive Payments for Home Loan Modification

    Investment cap reflects adjustment made on Aug. 16, 2011.

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

    $109.4M has actually been disbursed.
    Oct. 31, 2011: $109.4M

    Subsidy as of October 2011: Borrower: $16,636,429; Investor: $52,605,088; Servicer: $40,149,612

Date Type Amount Program Description
04/13/2009 Subsidy $1,502,275,924 MHA Incentive Payments for Home Loan Modification

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