Bailout Events for September 2016

See entire timeline of bailout events.

Date Entity Type Amount Program Description
09/14/2016 Lower East Side People's Federal Credit Union / Union Settlement Federal Credit Union Interest $5,965 CDCI
Interest
09/30/2016 Fannie Mae Dividend $2,869,000,000 PSI
Dividend Payment
The dividend was based on Fannie having a net worth of $4.1 billion as of June 30, 2016 minus the capital reserve amount of $1.2 billion.
09/30/2016 Freddie Mac Dividend $933,000,000 PSI
Dividend Payment
The dividend amount was based on a net worth amount of $2.1 billion at June 30, 2016 minus the capital reserve of $1.2 billion.
09/13/2016 First Vernon Bancshares Dividend $190,003 CDCI
Dividend - Cumulative
09/15/2016 Zions Bancorporation, N.A. Subsidy $20,000 (cumulative) MHA
Incentive Payments for Home Loan Modification
So far, $13K has actually been disbursed:
  • Borrower: $10,000.00
  • Investor: $0.00
  • Servicer: $3,000.00
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