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Making Home Affordable

The Mortgage Loan Modification Plan

140

recipients

$29.93B

promised

$8.282B

actually invested, loaned, or spent

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A program under the Emergency Economic Stabilization Act More info from www.treasury.gov
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
The administration's plan to stem foreclosures provides incentive payments to mortgage servicers, investors and homeowners to promote mortgage loan modifications and other foreclosure alternatives (like short sales). The Treasury has set aside a total of $29.9 billion.

You can see a breakdown of how many modifications each servicer has granted here. To see how much money has actually been paid out to each servicer, click on its name below. Keep in mind that some of those incentives will be passed on to investors and borrowers.

Originally, the Treasury set aside $50 billion for this program, but it reduced that amount over time, and finally in October, 2010, it set the final amount.

On top of the $29.9 billion, the program also calls for Fannie Mae and Freddie Mac to spend as $25 billion more in subsidies for loans that the companies own or guarantee.

ProPublica has reported extensively on the program's problems, particularly its weak oversight of participating servicers.

Go to list of all initiatives and programs

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


The following list shows the 140 recipients of Making Home Affordable.

Name State Date Entered Amount Committed by MHA
Select Portfolio Servicing Utah Apr. 13, 2009 $856,024,429
CitiMortgage, Inc. Mo. Apr. 13, 2009 $1,014,960,843
Wells Fargo Bank, NA Iowa Apr. 13, 2009 $5,121,077,135
GMAC Mortgage, Inc. Pa. Apr. 13, 2009 $1,500,183,461
Saxon Mortgage Services, Inc. Texas Apr. 13, 2009 $267,853,483
JPMorgan Chase subsidiaries N.J. Apr. 13, 2009 $3,767,700,191
Ocwen Financial Corporation, Inc. Fla. Apr. 16, 2009 $1,835,624,254
Bank of America subsidiaries (incl. Countrywide) Calif. Apr. 17, 2009 $8,096,211,661
Green Tree Servicing LLC Minn. Apr. 24, 2009 $161,500,703
Carrington Mortgage Services, LLC Calif. Apr. 27, 2009 $306,523,428
Aurora Loan Services, LLC Colo. May 1, 2009 $276,319,974
Nationstar Mortgage LLC Texas May 28, 2009 $529,850,993
Residential Credit Solutions Texas Jun. 12, 2009 $42,826,241
CCO Mortgage Va. Jun. 17, 2009 $42,645,484
RG Mortgage Corporation Puerto Rico Jun. 17, 2009 $37,039,652
Wescom Central Credit Union Calif. Jun. 19, 2009 $1,668,877
Technology Credit Union Calif. Jun. 26, 2009 $1,160,422
PNC Mortgage Ohio Jun. 26, 2009 $558,602,227
Bayview Loan Servicing, LLC Fla. Jul. 1, 2009 $88,446,262
Lake National Bank Ohio Jul. 10, 2009 $435,155
IBM Southeast Employees' Federal Credit Union Fla. Jul. 10, 2009 $870,311
MorEquity, Inc. Ind. Jul. 17, 2009 $4,628,165
PNC Bank, National Association Pa. Jul. 17, 2009 $80,973,536
PHH Mortgage Corporation N.J. Sep. 15, 2011 $1,299,985
ShoreBank Ill. Jul. 17, 2009 $2,671,372
Homeward Residential, Inc. Texas Jul. 24, 2009 $1,305,806,674
Mortgage Center LLC Mich. Jul. 24, 2009 $8,558,031
Mission Federal Credit Union Calif. Jul. 24, 2009 $725,272
First Bank Mo. Jul. 29, 2009 $8,123,092
Purdue Employees Federal Credit Union Ind. Jul. 29, 2009 $580,206
Wachovia Mortgage, FSB Iowa Sep. 30, 2009 $293,656
Lake City Bank Ind. Aug. 5, 2009 $290,106
Oakland Municipal Credit Union Calif. Aug. 5, 2009 $10,068
HomEq Servicing Calif. Aug. 5, 2009 $371,084,724
Litton Loan Servicing LP Texas Aug. 12, 2009 $845,567,183
PennyMac Loan Services, LLC Calif. Aug. 12, 2009 $82,015,485
Servis One, Inc. Pa. Aug. 12, 2009 $40,403,973
Horicon Bank Wis. Sep. 2, 2009 $290,106
Vantium Capital, Inc. dba Acqura Loan Services Texas Sep. 2, 2009 $15,207,392
OneWest Bank Calif. Aug. 28, 2009 $1,836,213,784
RoundPoint Mortgage Servicing Corporation N.C. Aug. 28, 2009 $15,700,719
Central Florida Educators Federal Credit Union Fla. Sep. 9, 2009 $892,044
U.S. Bank National Association Ky. Sep. 9, 2009 $181,171,935
CUC Mortgage Corporation N.Y. Sep. 9, 2009 $3,626,289
ORNL Federal Credit Union Tenn. Sep. 11, 2009 $6,817,390
Allstate Mortgage Loans & Investments, Inc Fla. Sep. 11, 2009 $145,054
Franklin Credit Management Corporation N.J. Sep. 11, 2009 $7,673,542
AMS Servicing, LLC N.Y. Sep. 23, 2009 $10,972,797
Schools Financial Credit Union Calif. Sep. 23, 2009 $1,450,514
Glass City Federal Credit Union Ohio Sep. 23, 2009 $290,106
Yadkin Valley Bank N.C. Sep. 23, 2009 $435,159
Great Lakes Credit Union Ill. Oct. 14, 2009 $580,206
Bank United Fla. Oct. 23, 2009 $95,749,818
IC Federal Credit Union Mass. Oct. 23, 2009 $2,465,868
DuPage Credit Union Ill. Oct. 30, 2009 $145,055
Los Alamos National Bank N.M. Nov. 6, 2009 $2,175,766
Quantum Servicing Corporation Fla. Nov. 18, 2009 $35,490,585
Hillsdale County National Bank Mich. Nov. 18, 2009 $1,160,414
QLending, Inc. Fla. Nov. 18, 2009 $145,054
Marix Servicing, LLC Ariz. Nov. 25, 2009 $6,916,969
First Keystone Bank Pa. Nov. 25, 2009 $14,917
Community Bank & Trust Company Pa. Dec. 4, 2009 $145,054
Idaho Housing and Finance Association Idaho Dec. 4, 2009 $290,106
Citizens 1st National Bank Ill. Dec. 16, 2009 $1,595,567
Horizon Bank, NA Ind. Dec. 16, 2009 $1,450,512
Park View Federal Savings Bank Ohio Dec. 16, 2009 $870,310
Iberiabank Fla. Dec. 23, 2009 $25,502
Bangor Savings Bank Maine Sep. 15, 2011 $100,000
Silver State Schools Credit Union Nev. Dec. 9, 2009 $2,175,782
Fidelity Homestead Savings Bank La. Dec. 9, 2009 $1,015,358
The Golden 1 Credit Union Calif. Dec. 9, 2009 $4,206,560
Sterling Savings Bank Wash. Dec. 9, 2009 $1,450,543
HomeStar Bank & Financial Services Ill. Dec. 11, 2009 $13,323
Hartford Savings Bank Wis. Dec. 11, 2009 $1,160,409
Fresno County Federal Credit Union Calif. Jan. 13, 2010 $24,954
Specialized Loan Servicing LLC Colo. Jan. 13, 2010 $115,372,716
Greater Nevada Mortgage Services Nev. Jan. 13, 2010 $870,320
iServe Residential Lending, LLC Calif. Jan. 29, 2010 $535,152
United Bank Ga. Jan. 29, 2010 $725,257
iServe Servicing, Inc. Texas Mar. 5, 2010 $13,274,348
Navy Federal Credit Union Va. Mar. 10, 2010 $16,971,073
Vist Financial Corp Pa. Mar. 10, 2010 $725,257
Wealthbridge Mortgage Corp Ore. Apr. 14, 2010 $647,800
Aurora Financial Group, Inc N.J. May 21, 2010 $349,998
Selene Financial, L.P. Texas Jun. 16, 2010 $17,853,299
Pathfinder Bank N.Y. Aug. 25, 2010 $3,481,222
First Financial Bank, N.A. Idaho Aug. 27, 2010 $11,313,964
RBC Bank (USA) N.C. Sep. 1, 2010 $60,000
Fay Servicing, LLC Ill. Sep. 3, 2010 $12,937,894
Caliber Home Loans, Inc. Okla. Sep. 15, 2010 $40,512,564
Midwest Community Bank Ill. Sep. 15, 2010 $580,206
Amarillo National Bank Texas Sep. 30, 2010 $145,054
American Financial Resources Inc. N.J. Sep. 30, 2010 $145,054
Banco Popular de Puerto Rico Puerto Rico Sep. 30, 2010 $2,465,872
Capital International Financial, Inc. Fla. Sep. 30, 2010 $145,054
Community Credit Union of Florida Fla. Sep. 30, 2010 $2,901,019
CU Mortgage Services, Inc. Minn. Sep. 30, 2010 $145,054
First Federal Bank of Florida Fla. Sep. 30, 2010 $145,054
First Mortgage Corporation Calif. Sep. 30, 2010 $145,054
Flagstar Capital Markets Corporation Mich. Sep. 30, 2010 $1,160,409
Franklin Savings Ohio Sep. 30, 2010 $2,465,867
Gateway Mortgage Group, LLC Okla. Sep. 30, 2010 $145,054
Guaranty Bank Minn. Sep. 30, 2010 $145,054
James B.Nutter and Company Mo. Sep. 30, 2010 $435,155
Liberty Bank and Trust Co La. Sep. 30, 2010 $1,450,512
M&T Bank N.Y. Sep. 30, 2010 $1,015,365
Magna Bank (servicing) Tenn. Sep. 30, 2010 $2,030,714
Marsh Associates, Inc. N.C. Sep. 30, 2010 $145,054
Midland Mortgage Company Okla. Sep. 30, 2010 $124,403,522
Schmidt Mortgage Company Ohio Sep. 30, 2010 $145,054
Stockman Bank of Montana Mont. Sep. 30, 2010 $145,054
Weststar Mortgage, Inc. Va. Sep. 30, 2010 $145,054
Statebridge Company, LLC Colo. Dec. 15, 2010 $3,299,859
Scotiabank de Puerto Rico Puerto Rico Dec. 15, 2010 $4,299,968
Western Federal Credit Union Calif. Apr. 13, 2011 $217,687
Urban Partnership Bank Ill. Apr. 13, 2011 $1,333,265
SunTrust Mortgage, Inc Va. Apr. 13, 2011 $100,000
AmTrust Bank, A Division of New York Community Bank Ohio Apr. 18, 2011 $799,984
FCI Lender Services, Inc. Calif. May 13, 2011 $5,699,925
Gregory Funding, LLC Ore. Jul. 14, 2011 $1,219,991
The Bryn Mawr Trust Company Pa. Apr. 21, 2010 $100,000
Kondaur Capital Corporation Calif. Nov. 15, 2012 $2,369,472
Quicken Loans, Inc. Mich. Dec. 14, 2012 $10,000
21st Mortgage Corporation Tenn. Mar. 14, 2013 $10,339,883
Everbank Fla. Jul. 16, 2013 $60,000
Bridgelock Capital dba Peak Loan Servicing Calif. Jul. 16, 2013 $10,000
Rushmore Loan Management Services LLC Calif. Dec. 15, 2011 $33,569,179
SN Servicing Corporation La. Oct. 15, 2013 $70,000
Sun West Mortgage Company, Inc Calif. Jan. 13, 2011 $100,000
Resurgent Capital Services L.P. S.C. Jun. 14, 2012 $18,624,923
PrimeWest Mortgage Corporation Texas Mar. 15, 2012 $100,000
Heartland Bank & Trust Company Ill. May 15, 2014 $90,000
Plaza Home Mortgage, Inc Calif. Nov. 14, 2013 $10,000
United Bank Mortgage Corporation Mich. Oct. 21, 2009 $578,665
Home Servicing, LLC La. Feb. 14, 2013 $627,273
Cheviot Savings Bank Ohio Jun. 14, 2013 $11,344
ViewPoint Bank Texas May 16, 2013 $60,000
Desjardins Bank Fla. Dec. 26, 2013 $30,000
Florida Community Bank, NA Fla. Feb. 13, 2014 $150,000
Urban Trust Bank Fla. Dec. 16, 2013 $40,000