Bailout Events for December 2017
See entire timeline of bailout events.
| Date | Entity | Type | Amount | Program | Description |
|---|---|---|---|---|---|
| 12/08/2017 | AG GECC PPIF Master Fund, L.P. | Proceeds | $12,773 | PPIP |
Distribution
|
| 12/08/2017 | AG GECC PPIF Master Fund, L.P. | Proceeds | $510,899 | PPIP |
Distribution
|
| 12/20/2017 | Severn Bancorp | Warrant | $520,000 | CPP |
Warrant Proceeds
|
| 12/31/2017 | Fannie Mae | Dividend | $648,000,000 | PSI |
Dividend Payment
Originally, the dividend was based on Fannie having a net worth of $3.6 billion as of September 30, 2017 minus the capital reserve amount of $600 million. But it was reduced by $2.4 billion in a e
|
| 12/31/2017 | Freddie Mac | Dividend | $2,250,000,000 | PSI |
The dividend amount was based on a net worth amount of $5.3 billion at Sep. 30, 2017 minus the capital reserve of $600 million. The amount was subsequently reduced to $2.25 via a letter agreement with Treasury.
|