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Where is the Money?

Eye on the Bailout

Companies » Mortgage Servicer

IC Federal Credit Union

$2,465,897
Committed
0.1% >
of Mortgage Servicer bailout commitment
0.1% >
of total bailout commitment.
Disbursed $39,503

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Map: Corporate headquarters of IC Federal Credit Union.
Fitchburg, Mass.
See all recipients in Massachusetts

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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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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

  • $2M Bailout

    Oct. 23, 2009 Incentive Payments for Home Loan Modification

    This amount was adjusted on June 29, 2011.

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

    $39.5K has actually been disbursed.
    Jan. 31, 2012: $39.5K

    Subsidy as of January 2012: Borrower: $7,000; Investor: $14,504; Servicer: $18,000

Date Type Amount Program Description
10/23/2009 Subsidy $2,465,897 MHA Incentive Payments for Home Loan Modification

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