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7 Oct 2010, 2:29 pm by blacklobellolaw
Related posts:Bill H.R. 3808 lets banks use notary as defense against litigation Bank of America to Stop Foreclosures in Nevada and Nationwide Tisha Black Chernine, Esq. quoted in RJ regarding wrongful foreclosures [read post]
10 Aug 2011, 8:40 am by Daniel Richardson
  Mortgage servicing companies like MERS or GMAC are hired to do the day-to-day maintenance, but they are often kept apart from the investor groups who like absentee landlords buy the loans and then walk away. [read post]
24 Jan 2008, 1:56 pm
The defendants named in the lawsuit are: • Deutsche Bank Trust Company • Ameriquest Mortgage Company • Bank of America Corporation • The Bear Stearns Companies • Citigroup, Inc. [read post]
1 Oct 2014, 7:30 pm by Jordan Bublick
It would make sense that Bank of America will move for an en banc hearing.Jordan E. [read post]
4 Mar 2010, 6:24 pm by Randall Reese
(later joined by MB Financial Bank, N.A.) to transfer the bankruptcy cases of New Luxury Motors, LLC and four affiliates to the Northern District of Illinois bankruptcy court. [read post]
16 Jun 2011, 7:07 am by Cathy Moran, Esq.
  The lender sought relief from stay over what turned out to be a one payment delinquency and the bank’s posting error. [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]
12 Oct 2009, 12:47 pm
Figures for lenders with more than 70,000 potentially eligible borrowers: Saxon Mortgage Services 41% CitiMortgage 33% Aurora Loan Services 33% JP Morgan Chase 27% GMAC Mortgage 26% Wells Fargo 20% Bank of America 11% OneWest Bank 5% Wachovia Mortgage 3% Litton Loan Servicing 2% American Home Mortgage Servicing Background on the Making Home Affordable program, including monthly lender data from July and August, is available on the Treasury Department website. [read post]
3 Jan 2013, 7:12 pm
From The Oregonian:The settlement, announced in February, sets aside $1.5 billion for direct payments to about 2 million borrowers nationwide whose homes were foreclosed between 2008 and 2011 by one of five participating mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo. [read post]
9 Nov 2011, 7:04 am
., Aurora Loan Services, Bank of America, Beneficial, Chase, Citibank, CitiFinancial, CitiMortgage, Countrywide, EMC, EverBank/EverHome Mortgage Company, GMAC Mortgage, HFC, HSBC, IndyMac Mortgage Services, MetLife Bank, National City Mortgage, PNC Mortgage, Sovereign Bank, SunTrust Mortgage, U.S. [read post]
6 Nov 2010, 10:52 am
The Center for Responsible Lending is one of several parties involved in a class action, on behalf of Maine homeowners, against Ally Financial's GMAC mortgage unit. [read post]
30 Dec 2009, 9:01 pm
Oh, and FYI: the SEC has broadened its investigation.Bank ClosingsWe're now up to 140 banks the FDIC has closed in 2009 alone. [read post]
9 Feb 2012, 1:41 pm by Mike Scarcella
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]
18 Apr 2012, 11:55 am by Rich Vetstein
What most people fail to realize is that most lenders, such as Bank of America, Chase, Wells Fargo, and GMAC all utilize an automated short sale processing software, known as Equator, that enables them to approve a short sale in as little as 30 days. [read post]
8 Oct 2010, 2:49 pm
We don't know if they have been reading our blog articles about GMAC Mortgage and the improper documentation foreclosure crisis, but they are finally acting to protect consumers. [read post]