Search for: "GMAC BANK"
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30 Dec 2008, 6:13 am
Stepping into deeper waters to help the auto industry, Treasury Monday night added $6 billion to the $17.4 billion bailout announced Dec. 19, chiefly to help the financial arm of General Motors Corp.Using financial markets rescue funds, Treasury will purchase $5 billion in senior preferred equity from GMAC LLC, and up to $1 billion more will be lent to GM itself so the automaker can participate in a rights offering at GMAC, which has wanted to reorganize itself as a bank… [read post]
6 Sep 2011, 12:17 pm
Ally Financial Inc. f/k/a GMAC, LLC2. [read post]
18 Sep 2012, 7:38 am
The effected banks are Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
12 Sep 2011, 6:06 am
Investors in mortgage backed securities can require a bank to buy back loans if the underlying mortgages do not comply with the representations and/or warranties made by the bank at the time the securities were purchased. [read post]
28 Mar 2007, 7:18 am
(Part 1 and Part 2), I posted about Wal-Mart's application to form a bank, observing that in practical terms, Wal-Mart (like any other major credit provider, such as GECC or GMAC) is in fact acting very bank-like already: What defines a bank? [read post]
10 Oct 2010, 7:11 am
“In recent weeks, big lenders like GMAC Mortgage, JPMorgan Chase and Bank of America have halted many or all of their foreclosure proceedings in the wake of allegations of sloppiness, shortcuts or worse. [read post]
4 Jun 2012, 5:05 am
GMAC Mortgage, LLC, et al, No. 11-11352 (11th Cir. [read post]
10 Oct 2010, 12:29 pm
Meanwhile, GMAC, JP Morgan Chase and Bank of America have halted or slowed the foreclosure process in dozens of states after bank employees admitted to signing thousands of documents without knowing details of the case. [read post]
8 Oct 2010, 11:39 am
Morgan Chase, GMAC, PNC and Ally Financial Inc. postponed foreclosures in 23 states last week just as the foreclosure press was accelerated. [read post]
6 Oct 2010, 6:21 am
These shortcut attempts, now discovered, have resulted in the halting of foreclosures in 23 states, including in areas of Florida: ” Bank of America, JPMorgan Chase, and Ally Financial (formerly known as GMAC) halted foreclosures in 23 states after employees admitted in sworn depositions that they didn’t verify information in thousands of foreclosure documents. [read post]
3 Oct 2011, 4:43 am
Our story begins in a small but comfortable chiropractor’s office in New Jersey… Our patient works for GMAC/Ally Bank. [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]
6 Mar 2012, 9:00 am
The Settlement Terms The settlement was entered into with the nation's five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
21 Jul 2011, 2:31 pm
The joint report cited the usual suspects including Citibank, Bank of America, JPMorgan Chase and Wells Fargo, Ally Financial Inc., Aurora Bank, EverBank, HSBC, MetLife Bank, OneWest Bank, PNC, Sovereign Bank, SunTrust Banks, U.S. [read post]
21 Feb 2012, 9:46 am
Only mortgages with Citi, Bank of America, Ally/GMAC, JP Morgan Chase, and Wells Fargo will qualify. [read post]
3 Feb 2015, 1:57 pm
To effectuate the scheme, Rojas traveled to several bank branches in Las Vegas and Henderson Nevada, and withdrew a total of $290,000 in cash from his personal bank account and that of his wife. [read post]
17 May 2012, 8:14 am
Ally Financial is the former lending organization for General Motors Co and was formerly known as GMAC. [read post]
9 Feb 2012, 8:51 am
/GMAC Mortgage, Bank of America Corp., Citigroup Inc., J.P. [read post]
21 Feb 2012, 9:46 am
Only mortgages with Citi, Bank of America, Ally/GMAC, JP Morgan Chase, and Wells Fargo will qualify. [read post]
6 May 2009, 10:01 pm
Unable to get to the bank, Demitro informed GMAC that his telephone payment would bounce. [read post]
