Search for: "GMAC Mortgage Company"
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7 Oct 2010, 10:47 am
This comes on the heels of an announcement last week that Old Republic would no longer issue title insurance policies for homes foreclosed on by GMAC Mortgage. [read post]
7 Oct 2010, 10:44 am
Ohio’s Attorney General has sued GMAC Mortgage and its parent Ally Financial Inc. alleging that GMAC, acting as a mortgage servicer, filed fraudulent documents during court proceedings in which GMAC was foreclosing on homes in Ohio. [read post]
6 Oct 2010, 9:08 pm
Still other questions have been asked of foreclosure outsourcing company, Lender Processing Services (LPS), include why the signatures of the same person differ wildly on such documents The company’s documentation practices are stirring questions, including how the same employee can have wildly varying signatures on mortgage documents. [read post]
6 Oct 2010, 12:20 pm
The company’s documentation practices are stirring questions, including how the same employee can have wildly varying signatures on mortgage documents. [read post]
6 Oct 2010, 6:21 am
They are mortgage companies. [read post]
6 Oct 2010, 4:26 am
The company did not know how many homeowners might be affected. [read post]
2 Oct 2010, 7:26 am
Apparently alarmed about such a possibility, one of the major title insurance companies, Old Republic National Title, has sent a bulletin to agents saying that “until further notice” it would not insure title to properties foreclosed upon by GMAC Mortgage, the country’s fourth-largest home lender and one of the two big lenders at the center of the current controversy. [read post]
2 Oct 2010, 6:33 am
Bank, Wells Fargo and GMAC Mortgage to make sure they are following proper procedures. [read post]
29 Sep 2010, 7:19 am
” Washington Post: “‘Robo-signer’ played quiet role in huge number of foreclosures” – “Stephan works as the leader of the document execution team for GMAC Mortgage. [read post]
29 Sep 2010, 6:43 am
GMAC Mortgage ranked fourth among U.S. home-loan originators in the first six months of this year, with $26 billion of mortgages, according to industry newsletter Inside Mortgage Finance. [read post]
28 Sep 2010, 3:20 am
Iowa, North Carolina and Texas have also opened criminal and civil investigations into Ally's lending practices as well as those at other large mortgage companies, officials said. [read post]
25 Sep 2010, 10:42 am
GMAC is the nation's fifth-largest mortgage company. [read post]
24 Sep 2010, 2:50 pm
Please provide appropriate notice to the REO purchaser that, pursuant to Section (Page 2) 1 of the GMAC Mortgage Addendum to Standard Purchase Contract, GMAC M [read post]
24 Sep 2010, 7:49 am
’s GMAC Mortgage unit has suspended foreclosures in 23 states amid suggestions that all the necessary paperwork is not in order. [read post]
23 Sep 2010, 10:53 am
Another major issue with foreclosures is that its often difficult to prove who owns the note on a mortgage because of the amount of paperwork and transfers that resulted when banks sold these mortgages as if they were shares in a company. [read post]
20 Sep 2010, 1:30 pm
GMAC Mortgage, the holding company formally an arm of General Motors, has announced that it will stop all foreclosures, evictions and purchase and sale agreements, and suspend sales of foreclosed properties in 23 states. [read post]
20 Sep 2010, 7:50 am
Bloomberg has a report today that GMAC Mortgage is halting foreclosures in 23 states due to unspecified defects. [read post]
20 Sep 2010, 7:48 am
’s GMAC Mortgage unit told brokers and agents to halt foreclosures on homeowners in 23 states including Florida, Connecticut and New York. [read post]
30 Aug 2010, 8:34 am
I talk to a lot of homeowners from all over the country every single day, and it’s been like that for almost two years now. [read post]
21 Aug 2010, 11:46 am
This was the mortgage deficiency on a first mortgage that had been held by GMAC. [read post]
