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9 Oct 2010, 10:28 am
As we first reported last month on our Miami Foreclosure Lawyer Blog, GMAC -- the nation's fifth-largest mortgage lender -- was forced to halt foreclosures after an executive essentially admitted that he could not guarantee that the bank even owned the properties 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]
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 Oct 2010, 12:20 pm
The three lenders who are at the center of the controversy, GMAC Mortgage, JPMorgan Chase and Bank of America, declined to comment. [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]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
27 Oct 2010, 8:59 pm
Each time a mortgage is foreclose on, they are losing at least 30-40% of their investment. [read post]
7 Nov 2011, 12:53 pm
They include GMAC mortgage, HSBC Finance Corporation, SunTrust mortgage, and EMC Mortgage Corporation, among others. [read post]
9 Dec 2011, 5:06 am
" GMAC on the other hand has vowed to fight the suit in court stating, "GMAC Mortgage believes it has strong legal and factual defenses against these claims and will vigorously defend its position in court. [read post]
2 Dec 2011, 1:18 pm
A lawsuit filed by a state attorney general (not in California) is another indication of the cracks that are forming in the once hoped-for settlement between all of the states' attorneys general and the major mortgage lenders over the banks' fraudulent foreclosure practices. [read post]
9 Jul 2007, 6:24 am
GMAC Mortgage. [read post]
21 May 2012, 8:02 pm
GMAC MORTGAGE, LLC, HOMECOMINGS FINANCIAL, LLC the 11th circuit reversed this holding. [read post]
1 Oct 2014, 7:30 pm
GMAC Mortgage, LLC, 735 F.3d 1263 (11th Cir. 2012) in which the Court held that it was bound by the "prior panel precedent" rule to apply its prior decision in Folendore v. [read post]
4 Oct 2010, 9:44 am
As a result of widespread verification problems, GMAC Mortgage and JPMorgan Chase now say they will amend paperwork in cases in which affidavits were files that were not actually verifying known information. [read post]
11 Aug 2015, 5:00 am
The central allegation was that Newport provided certain “loan tracking services” to GMAC at no charge, which reduced GMAC’s expenses, in exchange for GMAC agreeing to buy lender-placed insurance exclusively from Balboa. [read post]
11 Aug 2015, 5:00 am
The central allegation was that Newport provided certain “loan tracking services” to GMAC at no charge, which reduced GMAC’s expenses, in exchange for GMAC agreeing to buy lender-placed insurance exclusively from Balboa. [read post]
20 Oct 2010, 6:34 am
” Related posts:Senate Shockingly Passes Bill That Could Bail The Banks Out Of Foreclosure-Gate Ally’s GMAC Mortgage Halts Home Evictions in 23 States AZ Attorney Indicts 38 on Mortgage Fraud [read post]
19 Aug 2008, 5:49 am
Lenders that will be on site: Countrywide, GMAC, Washington Mutual and Wells Fargo (and maybe Wachovia, I was told on Friday). [read post]
20 Jan 2011, 4:12 am
Last month, the Judge chastised JP Morgan Chase, Bank of America and GMAC's Ally Financial for shoddy practices and ordered them to prove that they have cleaned up their acts. [read post]
11 Oct 2010, 6:42 am
” Related posts:Bank of America Delays Foreclosures in 23 States Ally’s GMAC Mortgage Halts Home Evictions in 23 States Senate Shockingly Passes Bill That Could Bail The Banks Out Of Foreclosure-Gate [read post]
