Search for: "GMAC Mortgage"
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21 Nov 2007, 1:43 pm
Update: Reuters is reporting that the unidentified non-U.S. mortgage firm GMAC is considering pursuing is Northern Rock, the troubled British mortgage lender. [read post]
20 Sep 2010, 7:50 am
Bloomberg has a report today that GMAC Mortgage is halting foreclosures in 23 states due to unspecified defects. [read post]
12 Oct 2010, 11:03 pm
GMAC Mortgage, said Tuesday that it was expanding its review of foreclosures to all 50 states, amid growing inquiries by law enforcement into dubious paperwork by home lenders. [read post]
8 Apr 2013, 7:54 am
GMAC Mortgage learned this the hard way last week at the Supreme Judicial Court in GMAC Mortgage v. [read post]
24 Sep 2010, 7:49 am
’s GMAC Mortgage unit has suspended foreclosures in 23 states amid suggestions that all the necessary paperwork is not in order. [read post]
29 Sep 2010, 6:43 am
GMAC Mortgage ranked fourth among U.S. home-loan originators in the first six months of this year, with $26 billion of mortgages, according to industry newsletter Inside Mortgage Finance. [read post]
5 Dec 2011, 1:50 pm
On Friday, GMAC Mortgage announced that it will cease purchasing third-party mortgages issued in the State of Massachusetts. [read post]
24 Dec 2009, 3:21 am
Warren Buffett is in talks to buy the troubled residential mortgage company Residential Capital, a unit of GMAC, The New York Post said, citing unidentified sources. [read post]
18 Mar 2010, 4:02 am
Some big name investors are kicking the tires of GMAC's troubled residential mortgage unit, Residential Capital, Reuters reported. [read post]
12 Sep 2007, 5:01 am
The support gives GMAC the opportunity to expand market share after the subprime-mortgage crisis wiped out more than 100 home-loan companies. [read post]
20 Sep 2010, 7:48 am
’s GMAC Mortgage unit told brokers and agents to halt foreclosures on homeowners in 23 states including Florida, Connecticut and New York. [read post]
15 Oct 2014, 7:39 am
The mortgages Moreno sold on behalf of GMAC were mostly non-performing or distressed second mortgages. [read post]
22 Feb 2008, 9:42 am
GMAC, which Cerberus controls, agreed late Thursday to lend up to $750 million to Residential Capital, its troubled mortgage operation. [read post]
20 Sep 2010, 1:30 pm
While the announcement does not affect GMAC mortgages in Massachusetts, they have nine locations here. [read post]
28 Sep 2010, 9:17 am
The Washington Post reported on the 27th that the Attorneys general in Connecticut and California ordered Ally Financial's GMAC mortgage unit to freeze all foreclosures within their States. [read post]
25 Sep 2010, 10:42 am
GMAC Mortgage in now part of Ally Financial Inc. [read post]
21 Sep 2010, 6:42 am
Yesterday, GMAC said in a Press Release has been no interruption in their usual practice of filing residential foreclosures. [read post]
22 Sep 2010, 3:03 am
GMAC mortgage will need to take corrective action in connection with many Florida foreclosures, including many filed in Miami. [read post]
3 Jun 2008, 5:34 am
Residential Capital said its parent company, GMAC, and GMAC lead investor Cerberus Capital Management agreed to inject $1.43 billion in cash to help keep the distressed mortgage-finance company afloat, Bloomberg News reported. [read post]
23 Jun 2010, 4:20 am
Several big-name private equity firms are bidding for GMAC's troubled residential mortgage unit, Residential Capital, Dow Jones reported. [read post]
