Bailout Events for September 2014

See entire timeline of bailout events.

Date Entity Type Amount Program Description
09/03/2014 Intervest Bancshares Warrant $2,892,066 CPP
Warrant Proceeds
09/12/2014 GMAC (now Ally Financial) Refund $218,680,700 AIFP
Partial Repayment
With this sale of common stock, the Treasury reduced its stake in Ally to 13.8 percent.
09/10/2014 Bainbridge Bancshares, Inc. Refund $2,372,000 CDCI
Partial Repayment
09/05/2014 TALF LLC Proceeds $262,036 TALF
Proceeds
09/30/2014 AG GECC PPIF Master Fund, L.P. Proceeds $1,748,833 PPIP
Distribution
09/30/2014 AG GECC PPIF Master Fund, L.P. Proceeds $41,556 PPIP
Distribution
09/30/2014 Fannie Mae Dividend $3,712,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $6.1 billion as of June 30, 2014 minus the capital reserve amount of $2.4 billion.
09/30/2014 Freddie Mac Dividend $1,890,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $4.3 billion at June 30, 2014 minus the capital reserve of $2.4 billion.
09/10/2014 Bainbridge Bancshares, Inc. Dividend $3,294 CDCI
Dividend - Cumulative
09/19/2014 First Citizens Bank & Trust Company Subsidy $48,150 (cumulative) MHA
Incentives for Home Loan Modifications
So far, $43.2K has actually been disbursed:
  • Borrower: $32,416.67
  • Investor: $7,733.70
  • Servicer: $3,000.00
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