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Where is the Money?

Eye on the Bailout

Companies » Mortgage Servicer

Franklin Credit Management Corporation

$7,673,600
Committed
0.1% >
of Mortgage Servicer bailout commitment
0.1% >
of total bailout commitment.
Disbursed $1,129,278

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Map: Corporate headquarters of Franklin Credit Management Corporation.
Jersey City, N.J.
See all recipients in New Jersey

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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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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

  • $8M Bailout

    Sep. 11, 2009 Incentive Payments for Home Loan Modification

    This amount was adjusted on Oct. 14, 2011.

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

    $1.1M has actually been disbursed.
    Jan. 31, 2012: $1.1M

    Subsidy as of January 2012: Borrower: $188,461; Investor: $417,007; Servicer: $523,810

Date Type Amount Program Description
09/11/2009 Subsidy $7,673,600 MHA Incentive Payments for Home Loan Modification

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