Bailout Events for July 2009

See entire timeline of bailout events.

Date Entity Type Amount Program Description
07/14/2009 Chrysler Financial Services Refund $1,500,000,000 AIFP
07/10/2009 Lincoln National Corporation Purchase $950,000,000 CPP
Preferred Stock w/ Warrants
07/01/2009 Community Loan Servicing, LLC Subsidy $526,967,147 (cumulative) MHA
This amount was adjusted.
So far, $376M has actually been disbursed:
  • Borrower: $121,709,762.70
  • Investor: $196,653,417.15
  • Servicer: $57,153,944.08
07/08/2009 First Community Bancshares Refund $41,500,000 CPP
07/10/2009 Bancorp Financial, Inc. Purchase $13,669,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
07/10/2009 Lake National Bank Subsidy $435,155 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $10.7K has actually been disbursed:
  • Borrower: $3,000.00
  • Investor: $3,651.45
  • Servicer: $4,000.00
07/10/2009 iTHINK Financial Credit Union Subsidy $870,311 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $48.6K has actually been disbursed:
  • Borrower: $9,000.00
  • Investor: $23,589.08
  • Servicer: $16,000.00
07/10/2009 Chrysler Refund $280,130,642 AIFP
Principal repayment
Repaid loan that was used to back warranties for Chrysler cars as the company went through restructuring.
07/15/2009 Old Line Bancshares Refund $7,000,000 CPP
07/10/2009 General Motors Purchase $7,072,488,605 AIFP
Debt Obligation w/ Additional Note, Equity Interest
07/10/2009 General Motors Refund $360,624,198 AIFP
Partial Repayment
07/17/2009 Brotherhood Bancshares, Inc. Purchase $11,000,000 CPP
Preferred Stock w/ Exercised Warrants
07/17/2009 SouthCrest Financial Group, Inc. Purchase $12,900,000 CPP
Preferred Stock w/ Exercised Warrants
07/17/2009 Harbor Bankshares Corporation Purchase $6,800,000 CPP
Preferred Stock
07/17/2009 First South Bancorp, Inc. Purchase $50,000,000 CPP
Subordinated Debentures w/ Exercised Warrants
07/17/2009 Great River Holding Company Purchase $8,400,000 CPP
Subordinated Debentures w/ Exercised Warrants
07/17/2009 Plato Holdings Inc. Purchase $2,500,000 CPP
Subordinated Debentures w/ Exercised Warrants
07/17/2009 MorEquity, Inc. Subsidy $4,628,165 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on May 26, 2011.
So far, $4.63M has actually been disbursed:
  • Borrower: $345,841.21
  • Investor: $2,305,003.00
  • Servicer: $1,977,320.74
07/17/2009 PNC Bank, National Association Subsidy $80,973,536 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $4.79M has actually been disbursed:
  • Borrower: $607,124.59
  • Investor: $3,294,584.84
  • Servicer: $890,250.00
07/17/2009 ShoreBank Subsidy $2,671,372 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $347K has actually been disbursed:
  • Borrower: $49,915.10
  • Investor: $153,906.17
  • Servicer: $143,165.10
07/24/2009 Homeward Residential, Inc. Subsidy $1,305,806,674 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on Aug. 16, 2012.
So far, $280M has actually been disbursed:
  • Borrower: $51,756,481.72
  • Investor: $133,893,684.23
  • Servicer: $94,836,107.23
07/24/2009 Mortgage Center LLC Subsidy $8,558,031 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $2.31M has actually been disbursed:
  • Borrower: $964,674.78
  • Investor: $775,894.58
  • Servicer: $570,995.35
07/24/2009 Mission Federal Credit Union Subsidy $993,289 (cumulative) MHA
This amount was adjusted on March 22, 2018.
So far, $829K has actually been disbursed:
  • Borrower: $282,691.01
  • Investor: $388,201.71
  • Servicer: $157,981.25
07/24/2009 Community Bancshares, Inc. Purchase $3,872,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
07/24/2009 Florida Bank Group, Inc. Purchase $20,471,000 CPP
Purchase - Preferred Stock w/ Exercised Warrants
07/24/2009 First American Bank Corporation Purchase $50,000,000 CPP
Purchase - Subordinated Debentures w/ Exercised Warrants
07/24/2009 Yadkin Valley Financial Corp Purchase $13,312,000 CPP
Purchase - Preferred Stock w/ Warrants
07/29/2009 First Bank Subsidy $8,123,092 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $7.63M has actually been disbursed:
  • Borrower: $2,824,144.53
  • Investor: $3,054,693.09
  • Servicer: $1,747,409.40
07/29/2009 Purdue Federal Credit Union Subsidy $580,206 (cumulative) MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $18K has actually been disbursed:
  • Borrower: $10,000.00
  • Investor: $3,976.20
  • Servicer: $4,000.00
07/31/2009 Chicago Shore Corporation Purchase $7,000,000 CPP
Preferred Stock w/ Exercised Warrants
07/31/2009 Financial Services of Winger, Inc. Purchase $3,742,000 CPP
Subordinated Debentures w/ Exercised Warrants
07/22/2009 Goldman Sachs Warrant $1,100,000,000 CPP
Warrant Proceeds
07/08/2009 State Street Warrant $60,000,000 CPP
Warrant Proceeds
07/22/2009 BB&T Warrant $67,010,402 CPP
Warrant Proceeds
07/15/2009 U.S. Bancorp Warrant $139,000,000 CPP
Warrant Proceeds
07/29/2009 American Express Warrant $340,000,000 CPP
Warrant Proceeds
07/30/2009 Citigroup Dividend $67,233,333 AGP
Dividend Paid
07/23/2009 Citigroup Dividend $118,055,556 CPP
Dividend Paid
07/30/2009 Citigroup Dividend $130,208,333 CPP
Dividend Paid
07/30/2009 Citigroup Dividend $333,333,333 TIP
Dividend Paid
07/08/2009 First Community Bancshares Dividend $305,486 CPP
Dividend Paid
07/15/2009 Old Line Bancshares Dividend $58,333 CPP
http://www.financialstability.gov/docs/dividends-interest-reports/072009_report.pdf
07/15/2009 Chrysler Financial Services Interest $7,405,894 AIFP
Total Interest Paid Thru 7-09
07/15/2009 Chrysler Interest $55,237,713 AIFP
Total Interest Paid Thru 7-09
07/15/2009 General Motors Interest $143,526,108 AIFP
Total Interest Paid Thru 7-09
07/31/2009 JPMorgan Chase subsidiaries Subsidy $35,441,779 (cumulative) MHA
Incentive Payments for Home Loan Modification
This portion is for EMC Mortgage Corporation, a subsidiary of JP Morgan Chase. The agreement was terminated on Oct. 19, 2011.
07/06/2009 Chrysler Receivables SPV LLC Interest $556,374 ASSP
Interest Payment
07/06/2009 GM Supplier Receivables, LLC Interest $908,630 ASSP
Interest Payment
07/14/2009 Chrysler Financial Services Proceeds $15,000,000 AIFP
Repayment
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