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Where is the Money?

Eye on the Bailout

Companies » Mortgage Servicer

ShoreBank

$2,671,401
Committed
0.1% >
of Mortgage Servicer bailout commitment
0.1% >
of total bailout commitment.
Disbursed $346,986

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Map: Corporate headquarters of ShoreBank.
Chicago, Ill.
See all recipients in Illinois

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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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Bailout List

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

  • $3M Bailout

    Jul. 17, 2009 Incentive Payments for Home Loan Modification

    This amount was adjusted on June 29, 2011.

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

    $347K has actually been disbursed.
    Jan. 31, 2012: $347K

    Subsidy as of January 2012: Borrower: $49,915; Investor: $153,906; Servicer: $143,165

Date Type Amount Program Description
07/17/2009 Subsidy $2,671,401 MHA Incentive Payments for Home Loan Modification

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