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22 Apr 2014, 8:02 am by Allison Tussey
Constantinou was a loan officer at GMAC Mortgage from 2006 to 2007 and at Countrywide Home Loans from 2007 to 2008. [read post]
5 Sep 2008, 10:01 pm
• Lender GMAC Financial Services announced that it would close all of its 200 retail offices and lay off 5,000 employees. [read post]
19 Jan 2010, 6:15 am by Steven Peck
GMAC Mortgage Inc. remained the leader in successful loan modifications, completing 9,872 permanent payment plans as of Dec. 31, the Treasury said in its report today. [read post]
27 Mar 2012, 2:37 pm by Nathalie Martin
Third, money is set aside for state financial services, and fourth for foreclosure prevention. [read post]
31 Oct 2008, 12:30 pm
 Big changes are a commin’ for financial institutions and their legal counsel. [read post]
13 Jul 2009, 5:00 am
  The Pay Czar essentially has a blank check to approve/not approve the compensation paid at seven companies: AIG, Citigroup, Bank of America, Chrysler, GM, GMAC and Chrysler Financial. [read post]
23 Nov 2008, 2:13 pm
• GMAC has filed for status as a bank holding company. [read post]
10 Oct 2010, 7:11 am by lawmrh
And in a foreclosure mill complaint letter to Fannie Mae president Michael Williams, House Financial Services Committee chairman Barney Frank (Mass.), Rep. [read post]
17 Jul 2012, 1:14 pm
Several of these banks are also known by other trade names, including Countrywide (a trade name for Bank of America); Washington Mutual and EMC Mortgage (Chase); CitiMortgage (Citibank); Wachovia (Wells Fargo); and GMAC (Ally Financial). [read post]
21 Jul 2011, 2:31 pm by Mandelman
And then our good friend Ally Financial, or GMAC if you’re in the you-don’t-want-to-know, said it had not found “any instance where a homeowner was foreclosed upon without being in significant default. [read post]
23 Feb 2012, 9:11 pm by Mandelman
 According to the company’s Website…   “Gene, the Founder and Chief Executive Officer of Promontory Financial Group, is a trusted adviser to many of the world’s leading financial companies. [read post]
28 Mar 2007, 7:18 am
(Part 1 and Part 2), I posted about Wal-Mart's application to form a bank, observing that in practical terms, Wal-Mart (like any other major credit provider, such as GECC or GMAC) is in fact acting very bank-like already:   What defines a bank? [read post]
19 Oct 2008, 9:13 pm
  The top ten subprime loan originators in 2006 were:  HSBC Finance, New Century Financial, Countrywide Financial, Citimortgage, WMC Mortgage, Fremont Investment and Loan, Ameriquest, Option One, Wells Fargo Home Mortgage and First Franklin Financial. [read post]
13 May 2011, 11:17 pm by Mandelman
This mortgage mêlée started last fall after GMAC became the country’s first “robo-signer,” admitting that they were employing signers who didn’t review documents prepared by the bank’s other departments. [read post]
17 Dec 2008, 2:00 pm
(Check our the first installment here.)Dechert's Andrew Levander, for example, is representing GMAC chairman J. [read post]
5 Oct 2017, 5:20 pm by Wolfgang Demino
The First Marblehead Corp. disclosed the troubles of the loans years ago, and the ratings agencies downgraded many of the securities issued by the Trusts.The private student loans originated in 2007, the year before the financial crash, were inherently problematic. [read post]