Greasing the skids for mortgage help

As part of Obama’s Making Home Affordable plan to help 9 million borrowers stay in their homes, the government is allocating $75 billion for various incentives.

Servicer Date Taxpayer Support Trial mods started Percent of eligible delinquent loans
Saxon Mortgage Services Inc. 4/13/2009$886,420,000 32,93141%
Aurora Loan Services, LLC 5/1/2009$447,690,000 23,88933%
CitiMortgage Inc. 4/13/2009$2,089,600,000 68,24833%
Nationstar Mortgage LLC 5/28/2009$25,170,000 8,41328%
J.P.Morgan Chase Bank 7/31/2009$2,684,870,000 117,19627%
Select Portfolio Servicing 4/13/2009$782,500,000 15,70626%
GMAC Mortgage Inc. 4/13/2009$3,554,890,000 19,33126%
Wells Fargo Bank 4/13/2009$2,475,080,000 62,98920%
Residential Credit Solutions 6/12/2009$17,540,000 31317%
First Federal Savings and Loan 6/19/2009$770,000 315%
Green Tree Servicing LLC 4/24/2009$221,790,000 47412%
Bank of America 4/17/2009$967,120,000 94,91811%
Wilshire Credit Corp. 4/20/2009$203,460,000 2,92910%
National City Bank 6/26/2009$610,150,000 3,8459%
Ocwen Financial Corp. Inc. 4/16/2009$553,380,000 5,1938%
OneWest Bank 8/28/2009$814,240,000 5,2175%
CCO Mortgage Glen 6/17/2009$29,590,000 1583%
Carrington Mortgage Services, LLC 4/27/2009$222,010,000 5843%
U.S. Bank National Association Owensboro 9/9/2009$139,140,000 8633%
Wachovia Mortgage, FSB 7/1/2009$1,357,890,000 2,0193%
RG Mortgage Corporation 6/17/2009$45,700,000 642%
Bayview Loan Servicing, LLC 7/1/2009$68,110,000 1962%
Litton Loan Servicing 8/12/2009$1,087,950,000 2,2292%
Farmers State Bank West 7/17/2009$80,000 00%
HomEq Servicing 8/5/2009$552,810,000 00%
MorEquity, Inc. 7/17/2009$42,010,000 00%
American Home Mortgage Servicing, Inc. 7/22/2009$1,218,820,000 4400%
Franklin Credit Management Corp. 9/11/2009$33,520,000 n/a n/a
Others n/a $1,420,750,000 18,9108%
Total   $27,347,580,000 487,081 16%
Source: Treasury Dept.

They're hiring!These Fortune 100 employers have at least 350 openings each. What are they looking for in a new hire? More
If the Fortune 500 were a country...It would be the world's second-biggest economy. See how big companies' sales stack up against GDP over the past decade. More
Sponsored By:

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.