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21 Oct 2010, 4:27 pm
Many homeowners are in foreclosure due entirely to servicer errors, such as double charging for insurance or misapplying payments. [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 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]
15 Oct 2010, 12:02 am
The New York Times reported that Old Republic National Title has decided that it will not issue title insurance to property foreclosed upon by GMAC. [read post]
11 Oct 2010, 6:47 am
In recent weeks, big lenders like GMAC Mortgage, JPMorgan Chase and Bank of America have halted many or all of their foreclosure proceedings in the wake of allegations of sloppiness, shortcuts or worse. [read post]
11 Oct 2010, 4:16 am
A test given by GMAC Insurance on the rules of the road puts New Yorkers at the end of the pack. [read post]
10 Oct 2010, 8:11 am
GMAC/Ally, JPMorgan Chase, Bank of America, and ALL THE REST, regardless of whether they have yet admitted the truth about their practices (read: crimes), knew exactly what they’ve been doing. [read post]
10 Oct 2010, 7:11 am
This led a real estate salesman to sardonically rib his title insurance company buddy, “Has there ever been a title insurer who’s ever paid a claim? [read post]
9 Oct 2010, 11:21 am
Over at the New York Times, Ron Lieber has an article today with a new angle on the document problems that have caused mortgage lenders like GMAC Mortgage, JP Morgan Chase, and Bank of America to call a halt to foreclosure proceedings. [read post]
8 Oct 2010, 11:39 am
In response to the growing concern, many lawsuits have been filed nationwide, governmental investigations have begun and the title insurance industry has refused to insure REO properties in some states. [read post]
7 Oct 2010, 9:55 pm
USAToday.com has posted an article about how foreclosed homes could become harder to buy since Old Republic National Title Insurance has stopped insuring homes' titles that have been foreclosed by GMAC Mortgage and JP Morgan Chase. [read post]
7 Oct 2010, 10:47 am
This comes on the heels of an announcement last week that Old Republic would no longer issue title insurance policies for homes foreclosed on by GMAC Mortgage. [read post]
5 Oct 2010, 12:47 am
The title insurance business will take a dim view of these monkeyshines, you may be sure, but by then they will be out of business, too. [read post]
4 Oct 2010, 6:01 am
Recently, we wrote about the GMAC foreclosure mess. [read post]
2 Oct 2010, 7:26 am
Apparently alarmed about such a possibility, one of the major title insurance companies, Old Republic National Title, has sent a bulletin to agents saying that “until further notice” it would not insure title to properties foreclosed upon by GMAC Mortgage, the country’s fourth-largest home lender and one of the two big lenders at the center of the current controversy. [read post]
2 Oct 2010, 6:33 am
Old Republic National Title already sent a bulletin to its agents NO no any insurance to policies issued by GMAC Mortgage. [read post]
30 Sep 2010, 7:13 pm
What does that mean for their title insurer? [read post]
30 Aug 2010, 8:34 am
I talk to a lot of homeowners from all over the country every single day, and it’s been like that for almost two years now. [read post]
14 Jul 2010, 8:37 am
Similarly, GMAC sold more than $25 billion in retail debt called “SmartNotes” and Prudential, the second largest U.S. life insurer, sold $146 million in retail debt. [read post]
5 Jun 2010, 12:11 pm
According to 1010News, the results from an annual written exam given by GMAC, an auto insurance provider, showed that New Yorkers came in last place, averaging scores of 70 percent on their tests. [read post]
