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31 Oct 2010, 12:30 pm
Looks like at least one state attorney general isn't going along with that plan:In two letters released Friday, Attorney General Richard Cordray criticized a number of banks and loan-servicing companies, including Wells Fargo & Co.; Ally Financial Inc.'s GMAC Mortgage; Bank of America Corp.; and J.P. [read post]
1 May 2012, 3:52 am
Mortgage Settlement Link ### [read post]
19 Oct 2010, 8:55 am
Meanwhile, the cost of title insurance is increasing and at least one title insurance company has indicated it will not insure foreclosed titles from some of the banks in question. [read post]
6 Oct 2011, 7:39 am
From the article: Documents obtained by ProPublica -- government audit reports of GMAC, the country's fifth-largest mortgage servicer -- provide the first detailed look at the program's oversight. [read post]
11 Oct 2010, 1:30 pm
The big news last month was the revelation that hundreds of thousands of phony affidavits had been signed by an employee of GMAC Mortgage (a unit of Ally Financial) and then submitted to courts throughout the country to support foreclosures. [read post]
6 Oct 2010, 12:20 pm
The company’s documentation practices are stirring questions, including how the same employee can have wildly varying signatures on mortgage documents. [read post]
27 May 2014, 5:47 pm
Avery was sentenced to 84 months in prison and ordered to pay restitution in the amount of $10,323,369 to the FDIC as Receiver for Washington Mutual, GMAC Mortgage, SunTrust Mortgage, Wells Fargo Bank, US Bank, and others. [read post]
6 Aug 2009, 11:18 am
However, other major players, including GMAC and JP Morgan Chase, had loan modification percentages closer to 20%. [read post]
13 Jun 2014, 12:56 pm
So when John Reddam sells his company to GMAC Mortgage and makes many, many tens of millions of dollars, yes, I get that he does not feel like paying any taxes on it.I also understand why places like KMPG like to latch on to these desires and invent creative offshore Cayman Islands schemes to "shelter" such gains from taxation. [read post]
23 Feb 2012, 5:15 am
Those companies include: America's Servicing Company, Aurora Loan Servicing, BAC Home Loans Servicing, Bank of America, Beneficial, Chase, Citibank, CitiFinancial, CitiMortgage; Countrywide, EMC, Everbank/Everhome Mortgage Company, Financial Freedom, GMAC Mortgage, HFC, HSBC, IndyMac Mortgage Services, MetLife Bank, National City Mortgage, PNC Mortgage, Sovereign Bank, U.S. [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]
18 Mar 2010, 11:12 am
GMAC Mortgage Group, Inc., 417 F.3d 384, 385 (3d Cir. 2005) (finding that “RESPA does not provide a cause of action for overcharges”); Kruse, 383 F.3d at 56 (“We conclude that section 8(b) clearly and unambiguously does not extend to overcharges. [read post]
12 Feb 2012, 2:37 pm
There’s also $3 billion that’s supposed to be devoted to the refinancing of underwater but current mortgages, but this fund will only apply to mortgages owned by one of the five banks involved in the settlement… Bank of America, JPMorgan Chase, Wells Fargo, Citibank, and Ally Bank/GMAC… and then, only to those current on their mortgage payments. [read post]
9 Nov 2011, 7:45 am
The mortgage loan servicers that must participate in this review process are: 1) America’s Servicing Co. 2) Aurora Loan Services 3) Bank of America 4) Beneficial 5) Chase 6) Citibank 7) CitiFinancial 8 ) CitiMortgage 9) Countrywide 10) EMC 11) EverBank/EverHome Mortgage Company 12) GMAC Mortgage 13) HFC 14) HSBC 15) IndyMac Mortgage Services 16) MetLife Bank 17) National City… [read post]
10 Oct 2010, 1:32 pm
Earlier this month, GMAC Mortgage stopped its foreclosure proceedings when it was revealed that employees signed foreclosure affidavits without reviewing the loan files. [read post]
21 Aug 2010, 11:46 am
This was the mortgage deficiency on a first mortgage that had been held by GMAC. [read post]
21 Dec 2010, 4:18 pm
The "robo-signer" for GMAC Mortgage admitted to signing 10,000 mortgages a month. [read post]
13 May 2013, 3:39 pm
Related Articles GMAC Mortgage and First American Battle At SJC Over Title Insurance Coverage The First Circuit Strikes Again in Culhane v. [read post]
9 Feb 2012, 8:51 am
/GMAC Mortgage, Bank of America Corp., Citigroup Inc., J.P. [read post]
17 Apr 2008, 6:21 pm
GMAC Mortgage Corp. [read post]