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2 Nov 2011, 5:22 am
[JURIST] The US government on Tuesday filed a lawsuit in the US District Court for the Southern District of New York (SDNY) [official website] alleging that Allied Home Mortgage Capital Corporation (Allied) [corporate website] and two of its top executives misled the government into believing that its loan qualified for federal insurance. [read post]
1 Nov 2011, 3:12 pm
Allied Home Mortgage Capital Corporation and its CEO, Jim Hodge, have been sued by whistleblower Peter Belli, a former Allied branch manager. [read post]
8 Jul 2011, 11:03 am
In 2008 the agency revealed that some 5 million fraudulent or defaulted home mortgages were in the hands of illegal immigrants, who obtained the loans from banks that were pressured by the government to offer them. [read post]
22 Jun 2011, 6:07 pm
BELOW THE FOLD IS TEXT VERSION OF DATABASE OF DEBT COLLECTORS __________________________________________________________________________________ 1ST CREDIT OF AMERICA LLC 300 N ELIZABETH ST STE 220-B CHICAGO, IL 60607 6464 INVESTMENTS LLC 1625 S IRIS WY LAKEWOOD, CO 80232-6347 A COMPLETE FINANCIAL INC 2016 OGDEN ST DENVER, CO 80205 AAA COLLECTORS INC DBA TRIPLE CHECK INC 2950 N ACADEMY BLVD UNIT 201 COLORADO SPRINGS, CO 80917 Aargon Agency Inc 3160 S Valley VW STE 206 Las… [read post]
22 Jun 2011, 6:07 pm
BELOW THE FOLD IS TEXT VERSION OF DATABASE OF DEBT COLLECTORS __________________________________________________________________________________ 1ST CREDIT OF AMERICA LLC 300 N ELIZABETH ST STE 220-B CHICAGO, IL 60607 6464 INVESTMENTS LLC 1625 S IRIS WY LAKEWOOD, CO 80232-6347 A COMPLETE FINANCIAL INC 2016 OGDEN ST DENVER, CO 80205 AAA COLLECTORS INC DBA TRIPLE CHECK INC 2950 N ACADEMY BLVD UNIT 201 COLORADO SPRINGS, CO 80917 Aargon Agency Inc 3160 S Valley VW STE 206 Las… [read post]
30 May 2011, 4:00 am
However, Maynard did not disclose to the limited partners that, since March 2001, he had been negotiating with the Community Preservation Corporation (CPC) to obtain a mortgage loan on the property at 5008 Broadway from the Federal Home Loan Mortgage Corporation (Freddie Mac) in the proposed amount of $1,550,000. [read post]
19 May 2011, 12:01 am
Same thing went on at JPMorgan Chase, GMAC/Ally Financial, and Citibank, right? [read post]
24 Apr 2011, 4:18 am
In fact, the California Department of Real Estate and a number of District Attorneys across the nation have issued warnings to consumers of scam operations making promises of extraordinary home mortgage relief. [read post]
18 Mar 2011, 7:31 am
FDIC Sues 3 Top WaMu Execs, Alleges “Negligence in Allowing Risky Mortgage Lending” The Federal Deposit Insurance Corporation or FDIC for short, filed a civil lawsuit against three former WaMu execs, ex-CEO Kerry Killinger, ex-COO Stephen Rotella and David Schneider, who headed up the bank’s home loans division. [read post]
10 Feb 2011, 7:14 am
— only Ally has formally signed on to a key part of the plan: reducing mortgage principal on homes that are “underwater,” or worth less than the size of the mortgage. [read post]
13 Oct 2010, 10:44 am
What’s to convince them to keep making their mortgage payments if they can’t be sure that they will own these homes afterwards? [read post]
10 Oct 2010, 8:11 am
So, meanwhile… back at the soon-to-be-foreclosed-on-ranch… after a GMAC/Ally Financial manager testified in a deposition that his job involved signing his name 10,000 times a month to foreclosure related documents without reading what he was signing, as if reading were possible when signing 10,000 of anything a month, on September 20th, GMAC/Ally announced that it had stopped all evictions and the resale of repossessed homes in 23 states. [read post]
24 Sep 2010, 2:50 pm
I’m sorry, but is GMAC… no, wait… Ally Financial… I keep forgetting they’re my “ally” now… run by a 40 Mule Team of morons? [read post]
9 Aug 2010, 8:00 am
This is money I won’t have to spend at this coffee shop, to repair my home, to send my daughter to art camp, and so on. [read post]
3 Aug 2010, 10:23 am
The workers at the NUMMI plant were quite familiar with GMAC, because the mortgage lender was the only mortgage lender given access to the plant employees to sell them on refinancing their homes. [read post]
12 May 2010, 7:00 am
Did you write letters to either of them, or any of other the big corporations that are ditching whatever they’ve decided makes no sense for them to pay for, even though they signed the mortgage? [read post]
28 Jan 2010, 5:51 am
Home values have declined. [read post]
27 Jan 2010, 6:25 pm
Home values have declined. [read post]
9 Dec 2009, 4:00 am
Just before the hearing Mr Smith was paid an exceptional commission of £720,000 (net) on a corporate deal that had been made in March 2009. [read post]
2 Sep 2009, 11:00 am
This is an explosive question in today’s economic situation, where it it seems that more than one million mortgage borrowers will have their homes in the 2 years successive years. [read post]
