Search for: "GMAC Mortgage Company" Results 1 - 20 of 195
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21 Nov 2007, 1:43 pm
GMAC, the auto and home lender once owned by General Motors, may buy a non-U.S. mortgage company [...] [read post]
20 Sep 2010, 7:50 am by Alan White
Bloomberg has a report today that GMAC Mortgage is halting foreclosures in 23 states due to unspecified defects. [read post]
24 Sep 2010, 7:49 am by doug
’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 by Gallagher & Associates Law Firm
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]
8 Apr 2013, 7:54 am by Rich Vetstein
GMAC Mortgage learned this the hard way last week at the Supreme Judicial Court in GMAC Mortgage v. [read post]
24 Dec 2009, 3:21 am by By DEALBOOK
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]
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, 1:30 pm
GMAC Mortgage, the holding company formally an arm of General Motors, has announced that it will stop all foreclosures, evictions and purchase and sale agreements, and suspend sales of foreclosed properties in 23 states. [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]
20 Sep 2010, 7:48 am by Robbie L. Vaughn, Esq.
’s GMAC Mortgage unit told brokers and agents to halt foreclosures on homeowners in 23 states including Florida, Connecticut and New York. [read post]
28 Oct 2009, 10:27 am
As part of the initial bailout, GMAC, which finances three-fourths of General Motors car loans and provides mortgages, insurance and other services, transformed into a bank holding company, which enabled it to receive Treasury aid. [read post]
29 Sep 2010, 7:19 am by On the Net
” Washington Post:  “‘Robo-signer’ played quiet role in huge number of foreclosures” – “Stephan works as the leader of the document execution team for GMAC Mortgage. [read post]
7 Oct 2010, 10:44 am
Ohio’s Attorney General has sued GMAC Mortgage and its parent Ally Financial Inc. alleging that GMAC, acting as a mortgage servicer, filed fraudulent documents during court proceedings in which GMAC was foreclosing on homes in Ohio. [read post]
17 Jul 2012, 6:36 am by Ryan Blay
  Because GMAC held many debts, including a substantial number of mortgages, the company was the subject of a large number of bankruptcy lawsuits or “adversaries”. [read post]
26 Feb 2010, 6:20 am
GMAC posted a $10.3 billion loss last year, driven in part by defaults on home mortgages. [read post]
18 Oct 2010, 8:00 am
Ohio Attorney General Richard Cordray filed suit last week against GMAC mortgage and its parent company, Ally Financial Inc. for their role in Ohio's foreclosure crisis. [read post]