Search for: "GMAC BANK"
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29 Dec 2008, 2:02 pm
General Motors's lending arm won't say whether bondholders approved a complex $30 billion debt-for-equity swap (crafted in part by Wachtell) that would cement its new status as a bank-holding company eligible for billions in federal bailout aid. [read post]
9 Aug 2012, 3:00 pm
The settlement involves country’s five largest loan servicers: ALLY/GMAC, BANK OF AMERICA, CITI, JP MORGAN CHASE AND WELLS FARGO. [read post]
19 Mar 2012, 6:00 am
The settlement was reached with Ally/GMAC, Bank of America, JP Morgan Chase, Wells Fargo, and Citi. [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]
6 Oct 2010, 9:15 am
Employees of Bank of America, JP Morgan Chase, and GMAC have all testified that they signed many thousands of affidavits a month, spending about 30 seconds on each affidavit, and that they hadn't a clue regarding the veracity of the affidavit or documents in question. [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]
2 Sep 2011, 3:14 pm
The companies being sued are: Ally Financial Inc. f/k/a GMAC, LLC Bank of America Corporation Barclays Bank PLC Citigroup, Inc. [read post]
2 Oct 2010, 7:26 am
” A spokesman for Bank of America, Rick Simon, said, “We do not have anything to tell you at this time. [read post]
7 Oct 2010, 9:55 pm
Bank of America said Friday that it, too, will stop foreclosures in those states while reviewing its records for the same problems tying up JPMorgan and GMAC foreclosures. [read post]
22 Oct 2010, 9:44 pm
Stephanie Armour, author of the article, says that: Old Republic issued a bulletin to some agents stating that "the company will not insure title to any property which has been foreclosed by Ally Financial, Ally Bank or GMAC until further notice," according to a Sept. 29 copy of the memo. [read post]
9 Feb 2012, 2:06 pm
Today a national mortgage settlement was announced with five of the country’s biggest servicers: Ally (GMAC), Bank of America, Citi, Chase and Wells Fargo. [read post]
1 May 2012, 3:52 am
Florida Attorney General Pam Bondi issued a news release yesterday (you can read the full text of her press release below) that asks Floridians to help decide how the big fat settlement from the five big banks (Ally/GMAC;Bank of America; Citi; JPMorgan Chase; and Wells Fargo) for all their Foreclosure Fraud (robosigning, etc.) evildoing activities should be spent. [read post]
25 Nov 2010, 6:42 am
Stern; Law office of Marshall Watson, Shapiro & Fishman; JP Morgan Chase, Bank of America and GMAC. [read post]
9 Feb 2012, 8:00 pm
(formerly GMAC)) also included a $1 billion False Claims Act settlement. [read post]
4 Sep 2011, 2:05 pm
Ally Financial Inc. f/k/a GMAC, LLC 2. [read post]
31 Oct 2010, 12:30 pm
Looks like at least one state attorney general isn't going along with that plan:In two letters released Friday, Attorney General Richard Cordray criticized a number of banks and loan-servicing companies, including Wells Fargo & Co.; Ally Financial Inc.'s GMAC Mortgage; Bank of America Corp.; and J.P. [read post]
9 Oct 2010, 11:21 am
Over at the New York Times, Ron Lieber has an article today with a new angle on the document problems that have caused mortgage lenders like GMAC Mortgage, JP Morgan Chase, and Bank of America to call a halt to foreclosure proceedings. [read post]
21 Jul 2011, 12:47 pm
The Reuters investigation has revealed that at least 5 of the 14 mortgage loans servicers who signed those consent orders are violating them: Bank of America, HSBC, Bank USA, GMAC Mortgage, One West, and Wells Fargo. [read post]
24 Jan 2010, 8:50 pm
Essentially, taxpayer money to these companies is being used partly to protect banks and other investors who own the mortgages. [read post]
5 May 2010, 10:49 am
GMAC ($172 billion) 16. [read post]
