Bailout Events for September 2017
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 09/07/2017 | Grand Mountain Bancshares, Inc. | Refund | $3,076,000 | CPP |
Repayment
|
| 09/13/2017 | Hampton Roads Bankshares | Warrant | $1,671,000 | CPP |
Warrant proceeds
|
| 09/13/2017 | Fairfax County Federal Credit Union | Refund | $8,044,000 | CDCI |
Repayment
|
| 09/21/2017 | Broadway Financial Corporation | Refund | $1,354,296 | CPP |
Partial Repayment
|
| 09/13/2017 | Fairfax County Federal Credit Union | Interest | $12,513 | CDCI |
Interest
|
| 09/07/2017 | Grand Mountain Bancshares, Inc. | Warrant | $852,001 | CPP |
Warrant Proceeds
|
| 09/30/2017 | Fannie Mae | Dividend | $3,117,000,000 | PSI |
Dividend Payment
The dividend was based on Fannie having a net worth of $3.7 billion as of June 30, 2017 minus the capital reserve amount of $600 million.
|
| 09/30/2017 | Freddie Mac | Dividend | $1,986,000,000 | PSI |
Dividend Payment
The dividend amount was based on a net worth amount of $2.6 billion at June 30, 2017 minus the capital reserve of $600 million.
|