Search for: "ALLY/GMAC BANK"
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19 Apr 2011, 12:41 pm
The list of servicers, in alphabetical order, includes: Ally Financial/GMAC, Aurora Bank, Bank of America, Citigroup, EverBank, HSBC, JPMorgan Chase, MetLife, OneWest Bank, PNC Financial, Sovereign Bank, SunTrust, U.S. [read post]
15 Apr 2011, 7:50 pm
Several other mortgage servicers are included in the government's crackdown to improve internal processing methods, including: the GMAC unit of Ally Financial Inc., Aurora Bank FSB, EverBank Financial Corp., HSBC Holdings Plc, OneWest, MetLife Inc., PNC Financial Services Group Inc., Sovereign Bank, and US Bancorp also signed consent agreements with regulators. [read post]
24 Mar 2011, 7:16 pm
The investigation, announced Oct. 13, 2010 came after JPMorgan and Ally Financial's GMAC mortgage unit said they would stop repossessions in 23 states where courts supervise home seizures, and Bank of America, the largest U.S. lender, froze foreclosures nationwide. [read post]
21 Mar 2011, 6:15 am
Morgan Chase; Citigroup and GMAC/Ally, in order to settle the widespread claims of foreclosure misconduct that arose late in 2010. [read post]
10 Mar 2011, 3:00 pm
On Sept. 21, Judge Peter Mayer of Suffolk County delayed a foreclosure by Ally Financial’s GMAC mortgage unit after noticing that the paperwork transferring the mortgage to the bank was dated two days after the foreclosure was initiated. [read post]
2 Mar 2011, 7:41 pm
Lawyers for banks ensnared in a nationwide robo-signing foreclosure scandal -- including JPMorgan Chase, Bank of America and GMAC's Ally Financial -- are scheduled to meet with Edward Dauber, the court's lawyer in the case, to discuss a possible deal this morning, court documents show. [read post]
2 Feb 2011, 2:12 am
Should homeowners join Kramer and Kaslow’s “Mass Joinder” lawsuit against Bank of America or any of the other banks being sued by Attorney Phillip Kramer or Attorney Mitchell Stein? [read post]
26 Jan 2011, 5:00 pm
Some, including Bank of America and Ally Financial Inc. [read post]
24 Jan 2011, 6:10 am
As the Baltimore Sun reported that day, GMAC Mortgage, the home-loans unit of Ally Bank, asked to dismiss about 250 pending foreclosure cases supported by paperwork that might not meet legal standards. [read post]
22 Jan 2011, 1:32 pm
The investigation, announced Oct. 13, 2010 came after JPMorgan and Ally Financial's GMAC mortgage unit said they would stop repossessions in 23 states where courts supervise home seizures, and Bank of America, the largest U.S. lender, froze foreclosures nationwide. [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]
8 Jan 2011, 5:10 am
Ally Financial Inc., formerly know as GMAC, just announced that it has reached a settlement agreement to resolve mortgage repurchase claims made by government owned mortgage giant Fannie Mae. [read post]
12 Dec 2010, 12:51 pm
Some employees at major banks have even testified in court that they signed, and sometimes even backdated, thousands of documents that authorized home seizures. $6.4 trillion in mortgages is involved and some of the larger banks-JPMorgan Chase, Bank of America, and Ally Financial Inc.'s GMAC Mortgage- have paused foreclosing on homes due to the sloppy and incorrect documentation. [read post]
12 Dec 2010, 12:51 pm
Some employees at major banks have even testified in court that they signed, and sometimes even backdated, thousands of documents that authorized home seizures. $6.4 trillion in mortgages is involved and some of the larger banks-JPMorgan Chase, Bank of America, and Ally Financial Inc.'s GMAC Mortgage- have paused foreclosing on homes due to the sloppy and incorrect documentation. [read post]
6 Nov 2010, 10:52 am
The Center for Responsible Lending is one of several parties involved in a class action, on behalf of Maine homeowners, against Ally Financial's GMAC mortgage unit. [read post]
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]
28 Oct 2010, 5:31 am
The documents are being refiled in the 23 states where a judge's approval is needed to complete a foreclosure.Wells Fargo’s CEO, John Stumpf, has declined to join Bank of America Corp., Ally Financial Inc.'s GMAC Mortgage and other banks in suspending foreclosures because of flawed paperwork that surfaced at several large banks. [read post]
25 Oct 2010, 5:09 pm
The following lenders have announced that they will stay foreclosures: Bank of America GMAC/Ally Financial JP Morgan ChasePNC Financial It is expected that additional lenders will follow suit in the near future given the widespread nature of the problems. [read post]
22 Oct 2010, 9:44 pm
Stephanie Armour, author of the article, says that: Old Republic issued a bulletin to some agents stating that "the company will not insure title to any property which has been foreclosed by Ally Financial, Ally Bank or GMAC until further notice," according to a Sept. 29 copy of the memo. [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]
