Search for: "GMAC BANK"
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19 Feb 2012, 2:50 pm
Simple - those companies (foolishly) contract with Bank of America, Citimortgage, GMAC, Wells Fargo, Chase and others to 'service' the loans that Fannie and Freddy own or securitized. [read post]
19 Feb 2012, 9:40 am
This office is currently analyzing whether mortgage servicers such as Bank of America, GMAC, Wells Fargo, Chase and CitiMortgage are debt collectors under the Fair Debt Collection Practices Act as it is currently unclear whether they are or are not. [read post]
19 Feb 2012, 9:40 am
This office is currently analyzing whether mortgage servicers such as Bank of America, GMAC, Wells Fargo, Chase and CitiMortgage are debt collectors under the Fair Debt Collection Practices Act as it is currently unclear whether they are or are not. [read post]
12 Feb 2012, 2:37 pm
There’s also $3 billion that’s supposed to be devoted to the refinancing of underwater but current mortgages, but this fund will only apply to mortgages owned by one of the five banks involved in the settlement… Bank of America, JPMorgan Chase, Wells Fargo, Citibank, and Ally Bank/GMAC… and then, only to those current on their mortgage payments. [read post]
9 Feb 2012, 8:00 pm
(formerly GMAC)) also included a $1 billion False Claims Act settlement. [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]
9 Feb 2012, 1:41 pm
Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citigroup, Inc. and Ally Financial, formerly GMAC, agreed to pay $25 billion in the largest joint state-federal settlement in history. [read post]
9 Feb 2012, 9:56 am
The terms of the settlement deal — which are binding upon Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial (formerly GMAC) — require the banks to reduce the outstanding balance of many mortgages, refinance others and also send out checks to thousands of Americans who were improperly foreclosed on or facing an unlawful foreclosure suit. [read post]
9 Feb 2012, 8:51 am
/GMAC Mortgage, Bank of America Corp., Citigroup Inc., J.P. [read post]
7 Feb 2012, 5:15 am
Bank of America began its program for its mortgage customers on January 17, and CitiMortgage and GMAC mortgage are also already accepting applications. [read post]
11 Jan 2012, 1:00 am
Several institutions have been implicated in the matter though the original cases involved Wells Fargo and GMAC Mortgage. [read post]
10 Jan 2012, 7:43 am
Bank, Wachovia, Washington Mutual, and Wells Fargo. [read post]
20 Dec 2011, 9:11 am
In GMAC Bank v. [read post]
16 Dec 2011, 5:40 pm
Tom is the lawyer whose work and depositions of GMAC’s Jeffrey Stephan brought to light what we now know as “robo-signing.” Tom is a retired banking lawyer who came out of retirement to volunteer to help homeowners save their homes. [read post]
9 Dec 2011, 5:46 am
I wonder whether this bill was directly related to the recent announcement that Banco Pichincha, an Ecuadoran bank, has purchased a portfolio of mortgage loans in Spain that were originally owned by GMAC? [read post]
9 Dec 2011, 5:06 am
On December 1,the Attorney General for the State of Massachusetts, Martha Coakley, filed a lawsuit against the five largest U.S. lending banks, Bank of America, Wells Fargo JPMorgan Chase & Co., Citigroup Inc., and GMAC, for their roles in the foreclosure crisis which has plagued the country for the last several years. [read post]
8 Dec 2011, 10:48 am
Bank National Association v. [read post]
5 Dec 2011, 1:50 pm
Take, for example, credit unions and local banks, which have been safely lending for years. [read post]
4 Dec 2011, 7:44 pm
GMAC said it was pulling out of Massachusetts. [read post]
2 Dec 2011, 1:18 pm
San Diego foreclosure lawyers have noted that new the lawsuit specifically names five major banks -- Bank of America, JPMorgan Chase, Citigroup, Wells Fargo and GMAC -- as being guilty of using foreclosure practices that undermined the legal process and put homeowners at a disadvantage, to say the least. [read post]
