Wachovia Mortgage, FSB

Des Moines, Iowa | See all recipients in Iowa
Revenue to Gov't
Net Outstanding

Wachovia's incentive cap was once as high as $2 billion, but was gradually transferred to Wells Fargo as a result of the merger.

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
09/30/2009 Subsidy $293,656 MHA
Incentive Payments for Home Loan Modification
So far, $239K has actually been disbursed:
  • Borrower: $0.00
  • Investor: $76,889.58
  • Servicer: $162,000.00
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