Search for: "GMAC BANK"
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21 Jun 2011, 9:03 pm
In this case, the lender was a securitization trust set up by GMAC, now Ally Financial, and the second lien holder was Bank of America. [read post]
16 Jun 2011, 7:07 am
The lender sought relief from stay over what turned out to be a one payment delinquency and the bank’s posting error. [read post]
19 May 2011, 12:01 am
Same thing went on at JPMorgan Chase, GMAC/Ally Financial, and Citibank, right? [read post]
17 May 2011, 5:42 am
Insiders Include: Former Vice-President and General Counsel for Saxon Mortgage (now Morgan Stanley) (Dick Shepherd); Former Assistant General Counsel at Ocwen Financial Corporation and Department Manager of a major plaintiff’s foreclosure firm (Margery Golant); Former Managing Director and General Counsel for ACA Capital Holdings and CIFG Group and Deputy General Counsel at FitchRatings (Kathleen Cully) Former Vice President at New Century Mortgage in charge of document production and imaging… [read post]
13 May 2011, 11:17 pm
This mortgage mêlée started last fall after GMAC became the country’s first “robo-signer,” admitting that they were employing signers who didn’t review documents prepared by the bank’s other departments. [read post]
7 May 2011, 6:37 am
In addition to Bank of America and JPMorgan, also taking part in those agreements were San Francisco-based Wells Fargo, New York-based Citigroup, the GMAC unit of Detroit-based Ally Financial, Aurora Bank FSB, EverBank Financial Corp., HSBC Holdings Plc, OneWest, MetLife Inc., PNC Financial Services Group Inc. [read post]
3 May 2011, 11:04 pm
The banks examined were Bank of America, Citibank, GMAC, JPMorgan Chase, Wells Fargo and nine others. [read post]
24 Apr 2011, 4:18 am
Kramer and wish him great success in his litigation against the banks. [read post]
21 Apr 2011, 12:30 pm
GMAC Mortgage Corp., 434 F.3d 948 (7th Cir. 2006) (holding that problem of annihilating penalties should not be addressed at the class-certification stage). [read post]
19 Apr 2011, 12:41 pm
The list of servicers, in alphabetical order, includes: Ally Financial/GMAC, Aurora Bank, Bank of America, Citigroup, EverBank, HSBC, JPMorgan Chase, MetLife, OneWest Bank, PNC Financial, Sovereign Bank, SunTrust, U.S. [read post]
15 Apr 2011, 7:50 pm
Several other mortgage servicers are included in the government's crackdown to improve internal processing methods, including: the GMAC unit of Ally Financial Inc., Aurora Bank FSB, EverBank Financial Corp., HSBC Holdings Plc, OneWest, MetLife Inc., PNC Financial Services Group Inc., Sovereign Bank, and US Bancorp also signed consent agreements with regulators. [read post]
26 Mar 2011, 12:49 am
Aurora Bank of America Carrington Chase Citi GMAC/Homecomings HSBC Lender Business Processing Services Litton Ocwen One West Bank PNC/National City Saxon Select Portfolio Servicing SunTrust US Bank Wells Fargo/Wachovia Local, HUD-approved nonprofit counseling organizations onsite include: Affordable Housing Centers of America Arizona Latino Commission Chicanos Por la Causa Community Housing Resources of Arizona Community Services of Arizona … [read post]
24 Mar 2011, 7:16 pm
The investigation, announced Oct. 13, 2010 came after JPMorgan and Ally Financial's GMAC mortgage unit said they would stop repossessions in 23 states where courts supervise home seizures, and Bank of America, the largest U.S. lender, froze foreclosures nationwide. [read post]
24 Mar 2011, 10:00 am
Currently in news e-mails were released that were allegedly provided by a former employee of Balboa for Bank of America, claiming to have records showing to what extent a division of the bank sought to conceal information about foreclosures. [read post]
21 Mar 2011, 6:15 am
Morgan Chase; Citigroup and GMAC/Ally, in order to settle the widespread claims of foreclosure misconduct that arose late in 2010. [read post]
10 Mar 2011, 3:00 pm
On Sept. 21, Judge Peter Mayer of Suffolk County delayed a foreclosure by Ally Financial’s GMAC mortgage unit after noticing that the paperwork transferring the mortgage to the bank was dated two days after the foreclosure was initiated. [read post]
2 Mar 2011, 7:41 pm
Lawyers for banks ensnared in a nationwide robo-signing foreclosure scandal -- including JPMorgan Chase, Bank of America and GMAC's Ally Financial -- are scheduled to meet with Edward Dauber, the court's lawyer in the case, to discuss a possible deal this morning, court documents show. [read post]
24 Feb 2011, 3:35 pm
Some of Stern's clients included big name banks like GMAC, Goldman Sacs, Bank of America, Citibank and Wells Fargo. [read post]
14 Feb 2011, 7:07 am
Bank”). [read post]
8 Feb 2011, 6:48 am
Stern and his status as the king of the foreclosure mills, his empire included giant clients like Bank of America, Goldman Sachs, GMAC, Citibank and Wells Fargo. [read post]
