Franklin Credit Management Corporation

Jersey City, N.J. | See all recipients in New Jersey
$1.74M
Disbursed
$0
Revenue to Gov't
$1.74M
Net Outstanding

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
09/11/2009 Subsidy $7,673,542 MHA
Incentive Payments for Home Loan Modification
This amount was adjusted on June 28, 2012.
So far, $1.74M has actually been disbursed:
  • Borrower: $345,887.70
  • Investor: $658,191.36
  • Servicer: $740,023.67
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