CIT Bank, N.A.
Pasadena,
Calif. |
See all recipients in
California
$443M
Disbursed
$0
Revenue to Gov't
$443M
Net Outstanding
CIT Bank purchased OneWest Bank in August, 2015.
Entities in this category received subsidies through one of TARP’s housing programs and aren’t expected to return the money.
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.
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 08/28/2009 | Subsidy | $966,859,746 | MHA |
Incentive Payments for Home Loan Modification
This amount was adjusted on June 16, 2015.
So far,
$443M
has actually been disbursed:
Subsidy as of July 2022
|