Journalism in the Public Interest

GMAC Mortgage, LLC

Ft. Washington, Pa. | See all recipients in Pennsylvania

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

$310M Disbursed
$705M Committed
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Effective February 15, 2013, Ocwen Loan Servicing, LLC acquired certain assets of GMAC Mortgage, LLC, pursuant to a Sale Order entered in connection with the bankruptcy cases of Residential Capital, LLC and certain of its affiliated debtors.

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.


  • $705M Bailout

    Apr. 13, 2009 Incentive Payments for Home Loan Modification

    Investment cap reflects adjustment made on June 25, 2015.

    More info from

    $310M has actually been disbursed.
    Aug. 31, 2016: $310M

    Subsidy as of August 2016: Borrower: $63,425,899.58; Investor: $148,796,298.28; Servicer: $97,337,470.22

Date Type Amount Program Description
04/13/2009 Subsidy $705,348,627 MHA Incentive Payments for Home Loan Modification

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