Bailout Events for March 2015
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 03/06/2015 | First BanCorp | Refund | $29,068,439 | CPP |
Partial Repayment
|
| 03/11/2015 | First Defiance Financial Corp | Warrant | $11,979,295 | CPP |
Warrant Proceeds
|
| 03/17/2015 | U.S. Century Bank | Refund | $11,738,144 | CPP |
Partial Repayment
|
| 03/17/2015 | U.S. Century Bank | Warrant | $586,954 | CPP |
Warrant Proceeds
|
| 03/30/2015 | Fannie Mae | Dividend | $1,920,000,000 | PSI |
Dividend Payment
The dividend was based on Fannie having a net worth of $3.7 billion as of December 31, 2014 minus the capital reserve amount of $1.8 billion.
|
| 03/31/2015 | Freddie Mac | Dividend | $851,000,000 | PSI |
Dividend Payment
The dividend amount was based on a net worth amount of $2.7 billion at December 31, 2014 minus the capital reserve of $1.8 billion.
|
| 03/16/2015 | Colorado Federal Savings Bank | Subsidy | $70,000 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
So far,
$69K
has actually been disbursed:
Subsidy as of July 2022
|
| 03/16/2015 | NJ Housing & Mortgage Finance | Subsidy | $237,002 (cumulative) | MHA |
Incentive Payments for Home Loan Modification
|