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27 Jul 2013, 9:36 pm
In general these markets are changing so fast that the CFTC needs to think anew about them, said Commissioner Chilton, and involves the CFTC and the GMAC in what the Commissioner called an epic global endeavor.Definition of U.S. [read post]
15 Jul 2013, 5:38 pm
He does not dispute that (1) he defaulted on the loan, (2) the property was sold at foreclosure, (3) GMAC purchased the property at the foreclosure sale and subsequently conveyed it to FNMA, (4) he did not surrender possession of the property upon demand, and (5) the home equity agreement provided that, upon sale of the property and his failure to surrender, a tenancy at sufferance was created, which established a landlord-tenant relationship, and which established FNMA's entitlement to… [read post]
5 Jul 2013, 9:24 am
Category: Recent Decisions;Foreclosure Opinions Body: AC34764 - GMAC Mortgage, LLC v. [read post]
7 Jun 2013, 3:40 pm
GMAC Mortgage, LLC, Oregon Supreme Court (6/6/13)Constitutional Law, Real Estate & Property LawThe issue before the Supreme Court in this case centered on nonjudicial foreclosure of trust deeds under the Oregon Trust Deed Act (OTDA) and the mortgage finance industry’s practice of naming the Mortgage Electronic Recording System, Inc., (MERS), rather than the lender, as a trust deed’s “beneficiary. [read post]
6 Jun 2013, 5:01 pm
Oregon Supreme Court Paves Way for MERS to Foreclose Nonjudicially The Oregon Supreme Court, in 2 cases (Brandrup v Recontrust, 353 Or___, and Niday v GMAC Mortgage, LLC, 353 Or ___[June 6, 2013]) has ruled that MERS (Mortgage Electronic Registration Systems) is... [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]
1 May 2013, 12:20 pm
It was only when the trustee succeeded in getting default judgments issued that the company left holding the bag — GMAC Mortgage — complained. [read post]
8 Apr 2013, 7:54 am
GMAC and Mrs. [read post]
8 Apr 2013, 7:54 am
Why A Massachusetts Real Estate Nominee Trust Is Worthless and Useless Since the concept of currency and debt was created, debtors have been playing a cat-and-mouse game with creditors in order to avoid satisfaction of their debts. [read post]
19 Feb 2013, 12:07 pm
., Ally Financial (formerly GMAC); Bank of America; Citibank, JP Morgan Chase, Wells Fargo) aren’t helping people with underwater mortgages in loan modifications, nor are they jumping to modify mortgages for those in distressed circumstances that are asking for mortgage loan modifications. [read post]
12 Feb 2013, 1:59 am
Last year, Professor Ronald H. [read post]
28 Jan 2013, 12:59 pm
GMAC Mortgage — Massachusetts Land Court by Related Posts: Lawmakers To The Rescue? [read post]
3 Jan 2013, 7:12 pm
From The Oregonian:The settlement, announced in February, sets aside $1.5 billion for direct payments to about 2 million borrowers nationwide whose homes were foreclosed between 2008 and 2011 by one of five participating mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo. [read post]
3 Dec 2012, 2:42 pm
Institutional banks and lenders often cite GMAC v. [read post]
25 Oct 2012, 4:20 pm
GMAC Mortgage comes into play. [read post]
21 Oct 2012, 6:00 am
October 2nd was a big day for the big 5 [Bank of America, Chase, Wells Fargo, GMAC/Ally, Citibank] as their the last day for the nation's five largest mortgage companies to implement the servicing reforms in the National Mortgage Settlement, according to Professor Katie Porter, California's settlement monitor. [read post]
18 Sep 2012, 7:38 am
The effected banks are Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
18 Sep 2012, 7:38 am
The effected banks are Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
12 Sep 2012, 10:40 am
In a 2010 GMAC Insurance Test of drivers by state, Florida ranked tenth worst in terms of knowledgeable drivers on the road. [read post]
10 Sep 2012, 10:20 pm
GMAC, upheld lien stripping in chapter 7 of a wholly unsecured junior lien, distinguishing those facts from the Supreme Court’s Dewsnup case, which dealt with an undersecured lien, not a worthless one. [read post]
