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The home mortgage arm of Wells Fargo. Its amount includes the subsidy allocation for Wachovia's mortgage servicing subsidiaries as well, due to the merger.
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.
Apr. 13, 2009 Incentive Payments for Home Loan Modification
Investment cap reflects adjustment made on Aug. 16, 2012. It includes an amount previously attributed to Wachovia Mortgage FSB, due to the merger.Part of Making Home AffordableMore info from www.treasury.gov$2.38B has actually been disbursed.Jun. 1, 2016: $2.38B
Subsidy as of June 2016: Borrower: $619,902,393.60; Investor: $1,220,758,764.88; Servicer: $541,673,925.26
|04/13/2009||Subsidy||$5,121,077,135||MHA||Incentive Payments for Home Loan Modification|