Saxon Mortgage Services, Inc.

$650,435,314
Committed
2.2%
of Mortgage Servicer bailout commitment
0.1%
of total bailout commitment.
Disbursed $93,056,917

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Map: Corporate headquarters of Saxon Mortgage Services, Inc..
Irving, Texas
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About This Project

We're tracking where the bailout money is going. Our lead bailout reporter – and blogger – is ProPublica's . Lead developer is .

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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

  • $650M Bailout

    Apr. 13, 2009 Incentive Payments for Home Loan Modification

    Investment cap reflects adjustment made on Feb. 16, 2012.

    More info from www.treasury.gov

    $93.1M has actually been disbursed.
    Jan. 31, 2012: $93.1M

    Subsidy as of January 2012: Borrower: $18,682,231; Investor: $36,154,114; Servicer: $38,220,573

Date Type Amount Program Description
04/13/2009 Subsidy $650,435,314 MHA Incentive Payments for Home Loan Modification

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