U.S. DEPARTMENT OF THE TREASURY OFS1231110 OFS1231135

OFFICE OF FINANCIAL STABILITY (OFS) OFS1231120 OFS1231140

FISCAL YEAR 2017 - THIRD QUARTER

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations* Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 66.5 14.0 13.5 12.5 12.5 52.5

11&12 COMPENSATION & BENEFITS $ 10,874,695 $ 2,360,868 $ 2,324,660 $ 2,038,659 $ 2,070,333 $ 8,794,520

21 TRAVEL 147,225 24,405 30,485 7,994 20,955 83,839

23 RENT, COMMUNICATIONS, & UTILITIES 6,164 165 838 856 3,141 5,000

24 PRINTING & REPRODUCTION 1,298 - - - - -

25 OTHER GOODS/SERVICES 122,634,754 89,149,015 8,265,366 (2,507,378) 714,610 95,621,613

26 SUPPLIES & MATERIALS 21,065 469 2,775 1,984 781 6,009

31 EQUIPMENT 74,283 124 2,598 (27) 5,305 8,000

TOTAL $ 133,759,485 $ 91,535,046 $ 10,626,722 $ (457,911) $ 2,815,125 $ 104,518,982

* FY 2016 Total Obligations are as of 9/30/2016

ADMINISTRATIVE OBLIGATIONS BY OBJECT CLASS - CONSOLIDATED

ACTIONS TAKEN TO ACHIEVE OFS' GOALS AND OBJECTIVES

ADDITIONAL INFORMATION

For a list of administrative obligations by object class and office, please refer to Appendix I.

For detailed procurement contract information and financial agency agreements related to administrative expenses, please refer to the Financial Stability website: 

"http://www.treasury.gov/initiatives/financial-stability/Pages/doing-business-with-ofs.aspx". 

OBJECT CLASS DESCRIPTION

FY 2017

OFS' authority to make new financial commitments under the Troubled Asset Relief Program (TARP) ended on October 3, 2010.* Since then, OFS has focused on 

winding down the remaining TARP investments in a manner that balances speed of exit with maximizing taxpayer returns. OFS also continues to take actions to help 

homeowners prevent avoidable foreclosures through its housing programs. The Consolidated Appropriations Act, 2016, signed into law on December 18, 2015, 

provided that the Making Home Affordable (MHA) Program would terminate on December 31, 2016, except with respect to certain loan modification applications 

made before such date. Therefore, while applications submitted before the deadline continue to be evaluated and servicers may continue to offer HAMP trials (in 

accordance with program guidelines), the program is now closed to new applications.

For detailed information about OFS’ progress in exiting its remaining TARP investments, please see the Monthly Report to Congress pursuant to section 105(a) of the 

Emergency Economic Stabilization Act (EESA), available online at: "http://www.treasury.gov/initiatives/financial-stability/reports/Pages/Monthly-Report-toCongress.aspx".

For detailed information about OFS’ efforts to help homeowners prevent avoidable foreclosures, please see the Making Home Affordable Program Performance 

Report, available online at: "http://www.treasury.gov/initiatives/financial-stability/reports/Pages/Making-Home-Affordable-Program-Performance-Report.aspx".

* In December, 2015, Congress passed the Consolidated Appropriations Act, 2016, which gave the Secretary of the Treasury the authority to commit up to $2 billion in additional TARP funds to current 

Hardest Hit Fund (HHF) program participants. The additional $2 billion was obligated by Treasury as of June 2016.
U.S. DEPARTMENT OF THE TREASURY OFS1231110 OFS1231135 OFS1231170

OFFICE OF FINANCIAL STABILITY (OFS) OFS1231120 OFS1231140

APPENDIX I - ADMINISTRATIVE OBLIGATIONS BY OBJECT CLASS AND OFFICE

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 9.8 2.0 2.0 2.0 2.0 8.0

11&12 COMPENSATION & BENEFITS $ 1,330,739 $ 311,858 $ 331,917 $ 345,449 $ 345,449 $ 1,334,673

21 TRAVEL 35,254 9,316 8,337 $ (212) 5,807 23,248

23 RENT, COMMUNICATIONS, & UTILITIES - - - $ - - -

24 PRINTING & REPRODUCTION 1,298 - - $ - - -

25 OTHER GOODS/SERVICES 96,068,968 71,430,242 350 $ (3,126,392) 9,000 68,313,200

26 SUPPLIES & MATERIALS (754) - 48 $ - 125 173

31 EQUIPMENT - 124 2,598 $ (27) - 2,695

TOTAL $ 97,435,504 $ 71,751,540 $ 343,250 $ (2,781,181) $ 360,381 $ 69,673,989

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 24.0 5.0 4.5 4.5 4.5 18.5

11&12 COMPENSATION & BENEFITS $ 3,931,639 $ 816,626 $ 776,838 $ 767,011 $ 767,011 $ 3,127,486

21 TRAVEL 4,866 2,008 1,691 479 1,393 5,571

23 RENT, COMMUNICATIONS, & UTILITIES 6,164 165 838 856 3,141 5,000

24 PRINTING & REPRODUCTION - - - - - -

25 OTHER GOODS/SERVICES 19,464,633 13,523,356 3,872,922 (15,047) 365,652 17,746,883

26 SUPPLIES & MATERIALS 15,345 - 2,032 - 281 2,313

31 EQUIPMENT 74,283 - - - 5,305 5,305

TOTAL $ 23,496,931 $ 14,342,155 $ 4,654,321 $ 753,299 $ 1,142,783 $ 20,892,558

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 3.3 0.5 0.5 0.5 0.5 2.0

11&12 COMPENSATION & BENEFITS $ 540,146 $ 96,045 $ 99,913 $ 98,279 $ 98,279 $ 392,516

21 TRAVEL 11,126 1,847 2,272 1,818 1,979 7,917

23 RENT, COMMUNICATIONS, & UTILITIES - - - - - -

24 PRINTING & REPRODUCTION - - - - - -

25 OTHER GOODS/SERVICES 3,248,345 1,220,681 - 525,611 269,300 2,015,592

26 SUPPLIES & MATERIALS - - - 1,275 31 1,306

31 EQUIPMENT - - - - - -

TOTAL $ 3,799,617 $ 1,318,573 $ 102,185 $ 626,984 $ 369,589 $ 2,417,331

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 7.3 2.0 2.0 2.0 2.0 8.0

11&12 COMPENSATION & BENEFITS $ 1,357,290 $ 356,598 $ 363,239 $ 239,549 $ 239,549 $ 1,198,935

21 TRAVEL 11,301 2,998 6,724 2,847 4,190 16,759

23 RENT, COMMUNICATIONS, & UTILITIES - - - - - -

24 PRINTING & REPRODUCTION - - - - - -

25 OTHER GOODS/SERVICES 3,399,630 2,010,420 1,522,961 93,573 - 3,626,954

26 SUPPLIES & MATERIALS 1,985 - - - 125 125

31 EQUIPMENT - - - - - -

TOTAL $ 4,770,206 $ 2,370,016 $ 1,892,924 $ 335,970 $ 243,864 $ 4,842,774

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 15.8 3.5 3.0 2.5 3.0 12.0

11&12 COMPENSATION & BENEFITS $ 2,600,437 $ 557,872 $ 510,905 $ 456,216 $ 547,459 $ 2,072,452

21 TRAVEL 81,755 7,461 11,461 3,061 7,328 29,311

23 RENT, COMMUNICATIONS, & UTILITIES - - - - - -

24 PRINTING & REPRODUCTION - - - - - -

25 OTHER GOODS/SERVICES 453,179 964,316 2,869,133 14,877 67,658 3,915,984

26 SUPPLIES & MATERIALS 4,359 469 695 709 188 2,061

31 EQUIPMENT - - - - - -

TOTAL $ 3,139,730 $ 1,530,118 $ 3,392,194 $ 474,863 $ 622,632 $ 6,019,807

OFFICE OF FINANCIAL STABILITY - Chief Investment Officer

OBJECT CLASS DESCRIPTION

FY 2017

OFFICE OF FINANCIAL STABILITY - Homeowner Preservation Office

OBJECT CLASS DESCRIPTION

FY 2017

OFFICE OF FINANCIAL STABILITY - Chief of Finance and Operations

OFFICE OF FINANCIAL STABILITY - Compliance

OBJECT CLASS DESCRIPTION

FY 2017

OBJECT CLASS DESCRIPTION

FY 2017

OFFICE OF FINANCIAL STABILITY - Chief Counsel

OBJECT CLASS DESCRIPTION

FY 2017
U.S. DEPARTMENT OF THE TREASURY OFS1231110 OFS1231135 OFS1231170

OFFICE OF FINANCIAL STABILITY (OFS) OFS1231120 OFS1231140

APPENDIX I - ADMINISTRATIVE OBLIGATIONS BY OBJECT CLASS AND OFFICE

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 4.0 0.5 1.0 1.0 0.5 3.0

11&12 COMPENSATION & BENEFITS $ 605,115 $ 123,780 $ 146,366 $ 134,287 $ 72,586 $ 477,019

21 TRAVEL 1,596 775 - - 258 1,034

23 RENT, COMMUNICATIONS, & UTILITIES - - - - - -

24 PRINTING & REPRODUCTION - - - - - -

25 OTHER GOODS/SERVICES - - - - 3,000 3,000

26 SUPPLIES & MATERIALS 48 - - - 31 31

31 EQUIPMENT - - - - - -

TOTAL $ 606,759 $ 124,555 $ 146,366 $ 134,287 $ 75,876 $ 481,084

FY 2016

Total 1st Quarter 2nd Quarter 3rd Quarter Remainder FY Total

Obligations Obligations Obligations Obligations Forecast Obligations

FTE EQUIVALENTS 2.5 0.5 0.5 - - 1.0

11&12 COMPENSATION & BENEFITS $ 509,330 $ 98,089 $ 95,482 $ (2,131) - $ 191,439

21 TRAVEL 1,327 - - - - -

23 RENT, COMMUNICATIONS, & UTILITIES - - - - - -

24 PRINTING & REPRODUCTION - - - - - -

25 OTHER GOODS/SERVICES - - - - - -

26 SUPPLIES & MATERIALS 82 - - - - -

31 EQUIPMENT - - - - - -

TOTAL $ 510,738 $ 98,089 $ 95,482 $ (2,131) $ - $ 191,439

OBJECT CLASS DESCRIPTION

FY 2017

OFFICE OF FINANCIAL STABILITY - Deputy Assistant Secretary

OFFICE OF FINANCIAL STABILITY - Office of Financial Agents

OBJECT CLASS DESCRIPTION

FY 2017