ProPublica

Journalism in the Public Interest

Fay Servicing, LLC

Chicago, Ill. | See all recipients in Illinois

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

$70M Disbursed
$70.9M Committed
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  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.

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.

Mortgage Servicer Chart

See how this mortgage servicer and others did under the Treasury's foreclosure prevention program.

Events

  • $70.9M Bailout

    Sep. 3, 2010

    This amount was adjusted on Jan. 15, 2015.

    $70M has actually been disbursed.
    Mar. 30, 2018: $70M

    Subsidy as of March 2018: Borrower: $26,126,712.36; Investor: $34,484,967.27; Servicer: $9,402,252.85

Date Type Amount Program Description
09/03/2010 Subsidy $70,863,986 MHA

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