Making Home Affordable

The Mortgage Loan Modification Plan

185
Recipients
$22B
actually invested, loaned, or spent
The administration's plan to stem foreclosures provides incentive payments to mortgage servicers, investors and homeowners to promote mortgage loan modifications and other foreclosure alternatives (like short sales). The Treasury has set aside a total of $29.9 billion.

To see how much money has actually been paid out to each servicer, click on its name below. Keep in mind that some of those incentives will be passed on to investors and borrowers.

Originally, the Treasury set aside $50 billion for this program, but it reduced that amount over time, and finally in October, 2010, it set the final amount.

On top of the $29.9 billion, the program also calls for Fannie Mae and Freddie Mac to spend as much as $25 billion more in subsidies for loans that the companies own or guarantee.

ProPublica has reported extensively on the program's problems, particularly its weak oversight of participating servicers.

More info...


The following list shows the 185 recipients of Making Home Affordable.

Name State Date Entered Disbursed by MHA Returned to MHA
Heartland Bank & Trust Company Ill. May 15, 2014 $142,674 $0
Nationstar Mortgage, LLC dba Mr. Cooper Texas May 28, 2009 $1,596,666,412 $0
Seneca Mortgage Servicing LLC N.Y. Sep. 23, 2009 $1,401,307 $0
Selene Finance, LP Texas Jun. 16, 2010 $17,051,838 $0
Maryland Community Development Administration Md. Dec. 15, 2016 $331,347 $0
Axiom Bank Fla. Dec. 16, 2013 $24,175 $0
Planet Home Lending, LLC Conn. Oct. 14, 2016 $2,976,003 $0
California Housing Finance Agency Calif. Mar. 14, 2014 $45,827 $0
North American Savings Bank Mo. Oct. 26, 2017 $26,217 $0
Wallick and Volk Wyo. Apr. 14, 2016 $21,331 $0
Desjardins Bank Fla. Dec. 26, 2013 $27,644 $0
Wells Fargo Bank, NA Iowa Apr. 13, 2009 $3,377,613,742 $0
Specialized Loan Servicing LLC Colo. Jan. 13, 2010 $411,499,336 $0
Horicon Bank Wis. Sep. 2, 2009 $67,386 $0
Umpqua Bank Ore. May 16, 2016 $491,168 $0
Citizens 1st National Bank Ill. Dec. 16, 2009 $141,806 $0
PNC Mortgage Ohio Jun. 26, 2009 $84,150,222 $0
Resurgent Capital Services L.P. S.C. Jun. 14, 2012 $3,202,722 $0
M&T Bank N.Y. Sep. 30, 2010 $18,794,355 $0
Bridgelock Capital dba Peak Loan Servicing Calif. Jul. 16, 2013 $7,532 $0
iTHINK Financial Credit Union Fla. Jul. 10, 2009 $48,589 $0
Schools Financial Credit Union Calif. Sep. 23, 2009 $198,427 $0
Weststar Mortgage, Inc. Va. Sep. 30, 2010 $0 $0
RG Mortgage Corporation Puerto Rico Jun. 17, 2009 $793,769 $0
SunTrust Bank Va. Apr. 13, 2011 $1,279,162 $0
First Merchants Bank Ind. Jan. 13, 2017 $5,179 $0
Greater Nevada LLC, dba Greater Nevada Mortgage Nev. Jan. 13, 2010 $902,098 $0
Purdue Federal Credit Union Ind. Jul. 29, 2009 $17,976 $0
Idaho Housing and Finance Association Idaho Dec. 4, 2009 $305,887 $0
Rushmore Loan Management Services LLC Calif. Dec. 15, 2011 $83,877,236 $0
Wealthbridge Mortgage Corp Ore. Apr. 14, 2010 $0 $0
Fay Servicing, LLC Ill. Sep. 3, 2010 $99,396,105 $0
Yadkin Valley Bank N.C. Sep. 23, 2009 $144,486 $0
Quantum Servicing Corporation Fla. Nov. 18, 2009 $645,439 $0
Investors Bank N.J. Sep. 16, 2019 $6,750 $0
Branch Banking and Trust N.C. Apr. 16, 2019 $15,111 $0
Gateway Mortgage Group, LLC Okla. Sep. 30, 2010 $0 $0
HomEq Servicing Calif. Aug. 5, 2009 $8,308,819 $0
Caliber Home Loans, Inc. Okla. Sep. 15, 2010 $16,522,272 $0
FCI Lender Services, Inc. Calif. May 13, 2011 $524,104 $0
Gregory Funding LLC Ore. Jul. 14, 2011 $8,859,496 $0
LenderLive Network, Inc Colo. Jan. 16, 2014 $116,270 $0
Eagle Home Mortgage, LLC Fla. Feb. 13, 2020 $0 $0
OwnersChoice Funding, Incorporated N.Y. Sep. 9, 2009 $643,995 $0
Magna Bank (servicing) Tenn. Sep. 30, 2010 $0 $0
Navy Federal Credit Union Va. Mar. 10, 2010 $12,677,819 $0
FNF Servicing, Inc Va. Feb. 16, 2017 $3,578,915 $0
Credit Union Mortgage Association, Inc. Va. Jan. 31, 2020 $5,000 $0
Silver State Schools Credit Union Nev. Dec. 9, 2009 $285,844 $0
Franklin Savings Ohio Sep. 30, 2010 $9,615 $0
Kondaur Capital Corporation Calif. Nov. 15, 2012 $481,582 $0
Bangor Savings Bank Maine Sep. 15, 2011 $0 $0
KeyBank National Association Jul. 16, 2019 $20,000 $0
DuPage Credit Union Ill. Oct. 30, 2009 $153,997 $0
Hartford Savings Bank Wis. Dec. 11, 2009 $0 $0
Fidelity Bank La. Dec. 9, 2009 $147,479 $0
iServe Servicing, Inc. Texas Mar. 5, 2010 $0 $0
GMAC Mortgage, LLC Pa. Apr. 13, 2009 $309,559,668 $0
United Bank Ga. Jan. 29, 2010 $177,242 $0
Oakland Municipal Credit Union Calif. Aug. 5, 2009 $10,068 $0
iServe Residential Lending, LLC Calif. Jan. 29, 2010 $0 $0
Community Credit Union of Florida Fla. Sep. 30, 2010 $12,632 $0
Scotiabank de Puerto Rico Puerto Rico Dec. 15, 2010 $2,603,545 $0
Los Alamos National Bank N.M. Nov. 6, 2009 $403,398 $0
The Bryn Mawr Trust Co Pa. Apr. 21, 2010 $56,068 $0
Matrix Financial Services Corp. Ariz. Jan. 13, 2017 $397,626 $0
First National Bank of Pennsylvania Pa. Jul. 14, 2017 $13,037 $0
Pathfinder Bank N.Y. Aug. 25, 2010 $106,914 $0
Guardian Mortgage, a division of Sunflower Bank, N.A. Texas Mar. 15, 2018 $87,910 $0
Servis One, Inc. dba BSI Financial Services Pa. Aug. 12, 2009 $39,704,356 $0
Wesbanco Bank Inc. W.Va. Nov. 16, 2016 $7,355 $0
QLending, Inc. Fla. Nov. 18, 2009 $0 $0
BMO Harris Bank, N.A. Ill. May 15, 2014 $37,724 $0
James B.Nutter and Company Mo. Sep. 30, 2010 $408,643 $0
Georgia Housing & Finance Authority DBA State Home Mortgage Ga. May 14, 2015 $5,500 $0
Iberiabank Fla. Dec. 23, 2009 $25,502 $0
Mortgage Center LLC Mich. Jul. 24, 2009 $2,251,744 $0
21st Mortgage Corporation Tenn. Mar. 14, 2013 $12,122,036 $0
Colorado Federal Savings Bank Colo. Mar. 16, 2015 $69,026 $0
Banner Bank Wash. Jun. 16, 2016 $13,000 $0
Park View Federal Savings Bank Ohio Dec. 16, 2009 $53,937 $0
MorEquity, Inc. Ind. Jul. 17, 2009 $4,628,165 $0
First Citizens Bank & Trust Company N.C. Sep. 19, 2014 $37,907 $0
Guaranty Bank Minn. Sep. 30, 2010 $1,917 $0
Wachovia Mortgage, FSB Iowa Sep. 30, 2009 $238,890 $0
Franklin Credit Management Corporation N.J. Sep. 11, 2009 $1,744,103 $0
PHH Mortgage Corporation N.J. Sep. 15, 2011 $658,465 $0
Addition Financial Credit Union Fla. Sep. 9, 2009 $1,476,018 $0
Litton Loan Servicing LP Texas Aug. 12, 2009 $76,324,760 $0
Sortis Financial, Inc. Texas Sep. 2, 2009 $1,253,850 $0
Rockland Trust Company Mass. Jun. 16, 2016 $26,000 $0
First Mortgage Corporation Calif. Sep. 30, 2010 $6,917 $0
RoundPoint Mortgage Servicing Corporation N.C. Aug. 28, 2009 $2,905,681 $0
BankUnited, N.A. Fla. Oct. 23, 2009 $71,949,933 $0
Banco Popular de Puerto Rico Puerto Rico Sep. 30, 2010 $9,387,863 $0
Marsh Associates, Inc. N.C. Sep. 30, 2010 $20,337 $0
LegacyTexas Bank Texas May 16, 2013 $0 $0
Fifth Third Bank Ohio Jun. 14, 2018 $0 $0
Cheviot Savings Bank Ohio Jun. 14, 2013 $9,076 $0
Sun West Mortgage Company, Inc Calif. Jan. 13, 2011 $0 $0
Citizens Bank, N.A. Va. Jun. 17, 2009 $29,030,334 $0
PennyMac Loan Services, LLC Calif. Aug. 12, 2009 $88,410,836 $0
Vist Financial Corp Pa. Mar. 10, 2010 $0 $0
AmTrust Bank, A Division of New York Community Bank Ohio Apr. 18, 2011 $285,113 $0
Marix Servicing, LLC Ariz. Nov. 25, 2009 $2,162,025 $0
CitiMortgage, Inc. Mo. Apr. 13, 2009 $776,744,240 $0
Noble Federal Credit Union Calif. Jan. 13, 2010 $24,954 $0
First Financial Bank N.A. Idaho Aug. 27, 2010 $12,750 $0
Sterling Savings Bank Wash. Dec. 9, 2009 $1,453,740 $0
TIAA FSB Fla. Jul. 16, 2013 $24,709 $0
PrimeWest Mortgage Corporation Texas Mar. 15, 2012 $0 $0
PHH Mortgage, a subsidiary of Ocwen Financial Corporation Fla. Apr. 16, 2009 $4,927,403,932 $0
Lake National Bank Ohio Jul. 10, 2009 $10,651 $0
Bank of Camden Tenn. Apr. 16, 2015 $0 $0
Urban Partnership Bank Ill. Apr. 13, 2011 $887,670 $0
Amarillo National Bank Texas Sep. 30, 2010 $0 $0
Zions Bancorporation, N.A. Utah Sep. 15, 2016 $13,000 $0
Select Portfolio Servicing Utah Apr. 13, 2009 $1,727,361,160 $0
Technology Credit Union Calif. Jun. 26, 2009 $470,513 $0
Flagstar Capital Markets Corporation Mich. Sep. 30, 2010 $977,903 $0
Ally Bank Utah Aug. 14, 2014 $3,443,590 $0
HomeStar Bank & Financial Services Ill. Dec. 11, 2009 $13,323 $0
Midwest Community Bank Ill. Sep. 15, 2010 $4,818 $0
IC Federal Credit Union Mass. Oct. 23, 2009 $174,070 $0
RBC Bank (USA) N.C. Sep. 1, 2010 $0 $0
Allstate Mortgage Loans & Investments, Inc Fla. Sep. 11, 2009 $39,094 $0
Land/Home Financial Services, Inc. Calif. Jun. 16, 2015 $6,084 $0
Capital International Financial, Inc. Fla. Sep. 30, 2010 $0 $0
Mission Federal Credit Union Calif. Jul. 24, 2009 $821,287 $0
First Financial Bank Ind. Jun. 15, 2017 $5,000 $0
First Horizon Bank Tenn. May 14, 2020 $70,752 $0
Oriental Bank Sep. 16, 2019 $68,385 $0
Ditech Financial LLC Minn. Apr. 24, 2009 $299,522,568 $0
Wescom Central Credit Union Calif. Jun. 19, 2009 $1,949,423 $0
ShoreBank Ill. Jul. 17, 2009 $346,986 $0
CIT Bank, N.A. Calif. Aug. 28, 2009 $441,715,958 $0
The Golden 1 Credit Union Calif. Dec. 9, 2009 $4,008,169 $0
Unify Financial Federal Credit Union Calif. Apr. 13, 2011 $153,638 $0
Bank of America subsidiaries (incl. Countrywide) Calif. Apr. 17, 2009 $2,294,879,215 $0
First State Bank Ill. Apr. 14, 2016 $26,000 $0
Stockman Bank of Montana Mont. Sep. 30, 2010 $0 $0
Homeward Residential, Inc. Texas Jul. 24, 2009 $280,486,273 $0
Mortgage Investors Group Tenn. Jul. 16, 2014 $12,833 $0
Glass City Federal Credit Union Ohio Sep. 23, 2009 $12,474 $0
Nationwide Advantage Mortgage Company Iowa Dec. 16, 2013 $7,917 $0
Horizon Bank, NA Ind. Dec. 16, 2009 $0 $0
American Financial Resources Inc. N.J. Sep. 30, 2010 $0 $0
Santander Bank, N.A. Pa. Jul. 14, 2016 $61,696 $0
Freedom Mortgage Corporation Ind. Feb. 16, 2016 $144,940 $0
First Keystone Bank Pa. Nov. 25, 2009 $14,917 $0
Columbia Bank N.J. May 15, 2014 $141,340 $0
Residential Credit Solutions Texas Jun. 12, 2009 $22,063,690 $0
Great Lakes Credit Union Ill. Oct. 14, 2009 $168,525 $0
Statebridge Company, LLC Colo. Dec. 15, 2010 $1,145,462 $0
Liberty Bank and Trust Co La. Sep. 30, 2010 $0 $0
Community Bank & Trust Company Pa. Dec. 4, 2009 $0 $0
United Bank Mortgage Corporation Mich. Oct. 21, 2009 $384,128 $0
First Bank Mo. Jul. 29, 2009 $7,600,274 $0
ORNL Federal Credit Union Tenn. Sep. 11, 2009 $243,397 $0
Florida Community Bank, NA Fla. Feb. 13, 2014 $44,461 $0
Lake City Bank Ind. Aug. 5, 2009 $119,700 $0
Home Servicing, LLC La. Feb. 14, 2013 $78,158 $0
Hillsdale County National Bank Mich. Nov. 18, 2009 $382,909 $0
Community Loan Servicing, LLC Fla. Jul. 1, 2009 $372,376,691 $0
NJ Housing & Mortgage Finance N.J. Mar. 16, 2015 $0 $0
Quicken Loans, Inc. Mich. Dec. 14, 2012 $29,917 $0
Webster Bank, N.A. Conn. Dec. 16, 2014 $13,000 $0
U.S. Bank National Association Ky. Sep. 9, 2009 $197,075,521 $0
Aurora Loan Services, LLC Colo. May 1, 2009 $85,863,519 $0
Central Pacific Bank Hawaii Mar. 16, 2016 $13,000 $0
First Federal Bank of Florida Fla. Sep. 30, 2010 $0 $0
CU Mortgage Services, Inc. Minn. Sep. 30, 2010 $0 $0
Aurora Financial Group, Inc N.J. May 21, 2010 $52,533 $0
PNC Bank, National Association Pa. Jul. 17, 2009 $4,787,661 $0
Saxon Mortgage Services, Inc. Texas Apr. 13, 2009 $100,807,086 $0
Eastern Bank Mass. Mar. 16, 2016 $12,917 $0
Carrington Mortgage Services, LLC Calif. Apr. 27, 2009 $221,159,296 $0
Schmidt Mortgage Company Ohio Sep. 30, 2010 $0 $0
MidFirst Bank Okla. Sep. 30, 2010 $216,713,172 $0
Ameriana Bank Ind. Jul. 16, 2014 $16,750 $0
NewRez LLC D/B/A Shellpoint Mortgage Servicing S.C. Jan. 22, 2015 $110,592,852 $0
Plaza Home Mortgage, Inc Calif. Nov. 14, 2013 $12,917 $0
SN Servicing Corporation La. Oct. 15, 2013 $2,249,981 $0
Apex Bank Tenn. Apr. 16, 2015 $687,836 $0
JPMorgan Chase subsidiaries N.J. Apr. 13, 2009 $3,227,596,581 $0

See the list of all initiatives and programs

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