JPMorgan Chase subsidiaries

Iselin, N.J. | See all recipients in New Jersey
$3.21B
Disbursed
$0
Revenue to Gov't
$3.21B
Net Outstanding

The home mortgage arm of Chase.

Entities in this category received subsidies through one of TARP’s housing programs and aren’t expected to return the money.

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.

Date Type Amount Program Description
07/31/2009 Subsidy $35,441,779 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.
04/13/2009 Subsidy $3,997,374,866 MHA
Incentive Payments for Home Loan Modifications
This was set aside for JPMorgan Chase, NA. This amount was adjusted on Feb. 25, 2016.
So far, $3.17B has actually been disbursed:
  • $3.17B on Oct. 31, 2020
    Borrower: $1,004,425,477.68 - Investor: $1,610,368,369.36 - Servicer: $559,712,704.54
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