Search for: "GMAC Financial"
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9 Dec 2008, 7:58 pm
The recent turmoil in the financial markets and slowing economic growth has led to companies taking a variety of steps to de-lever their balance sheets and/or tap new or cheaper funding sources. [read post]
31 Aug 2012, 11:45 am
Borrowers who lost their homes to foreclosure with no requirement to prove financial harm and without having to release private claims against the servicers or the right to participate in the OCC review process. $1.5 billion will be distributed nationwide to some 750,000 borrowers. [read post]
2 Nov 2010, 1:45 pm
[1] In an unreported portion of the Perlas decision, the Court of Appeal rejected the borrowers’ allegation that GMAC owed them a fiduciary duty under California Financial Code section 4979.5, even though borrowers had alleged that GMAC was licensed by the California Department of Real Estate, and that borrowers “went directly to GMAC to obtain their loans. [read post]
11 Oct 2010, 8:23 am
The following lenders have announced that they will stay foreclosures: Bank of America GMAC/Ally Financial JP Morgan ChasePNC Financial It is expected that additional lenders will follow suit in the near future given the widespread nature of the problems. [read post]
25 Oct 2010, 5:09 pm
The following lenders have announced that they will stay foreclosures: Bank of America GMAC/Ally Financial JP Morgan ChasePNC Financial It is expected that additional lenders will follow suit in the near future given the widespread nature of the problems. [read post]
14 Jul 2010, 8:37 am
., GMAC Inc., Prudential Financial Inc., and over a dozen other financial institutions sold their bonds to individual investors after being spurned by their sophisticated institutional counterparties, according to an article by Zeke Faux titled “CIT Debt Sold to Widows Has Fine Print Pimco Resists,” Bloomberg. [read post]
15 Jan 2009, 1:36 pm
In his probe of alleged frauds on charities in the Madoff scandal, NY Attorney General Andrew Cuomo has issued subpoenas to former GMAC Financial Services Chairman J. [read post]
27 Apr 2020, 9:50 am
Bloomberg Businessweek The Economist Forbes Financial Times QS US News & World Report This has been an unprecedented few months for our world. [read post]
6 Apr 2008, 1:19 pm
In GMAC Bank v. [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]
2 Oct 2010, 7:26 am
The federal government has been the majority owner of GMAC since supplying $17 billion to prevent the lender’s failure during the financial crisis. [read post]
25 Oct 2010, 4:40 pm
John is protected from financial losses by his title insurance. [read post]
15 Jun 2009, 5:56 pm
Ally Bank is an online bank owned by GMAC Financial, a recipient of federal bailout funds. [read post]
2 May 2012, 2:54 pm
., Ally Financial lnc. [read post]
7 Oct 2010, 9:55 pm
This protects buyers by guaranteeing they have clear ownership of the property and protects both the homeowner's and the lender's financial interests if a dispute over ownership came up. [read post]
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… [read post]
20 Oct 2010, 11:54 am
Unfortunately, right now the only individuals that know, the people running the financial institutions, are remaining tight lipped about the duration of the indefinite freeze. [read post]
28 Sep 2010, 3:20 am
Last week, CL&P blogger Alan White explained that Ally Financial was halting some of its foreclosure business in 23 states because of unspecified "defects" in its program. [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]
13 Aug 2009, 10:43 am
Seven of the largest recipients of federal aid in the last calendar year - AIG, BofA, Citigroup, GM, GMAC, Chrysler, Chrysler Financial - are required to submit compensation proposals to Compensation Czar Feinberg by today. [read post]
