6 companies to get $9.9B under mortgage program

WASHINGTON (AP) - April 15, 2009 The administration says the companies will receive a maximum of $9.9 billion. Other companies will be named in coming months.

Chase Home Finance LLC will receive up to $3.6 billion, the largest amount among the six companies.

The other recipients are: Wells Fargo Bank, GMAC Mortgage Inc., CitiMortgage Inc., Select Portfolio Servicing and Saxon Mortgage Services Inc.


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