Search for: "Allied Mortgage"
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16 May 2012, 7:24 am
Ally Financial Inc. has been struggling to keep its mortgage unit afloat for a while now. [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]
14 May 2012, 4:47 am
Residential Capital. the mortgage unit of Ally Financial, filed for bankruptcy on Monday, a move aimed at removing Ally's biggest obstacle to its turnaround efforts. [read post]
16 Nov 2011, 8:47 am
So what does it mean that Ally is considering bankruptcy for just its mortgage division? [read post]
5 Nov 2011, 4:00 am
Guest Post by David Quinones, Executive Director, International Association for Asset Recovery After 55 percent of the loans it wrote went to foreclosure, Allied Mortgage Capital is in the government’s crosshairs thanks in part to a whistleblower lawsuit brought on behalf of a former branch manager by IAAR Advisory Board member Brian Mahany, Joe Bird [...] [read post]
2 Nov 2011, 5:22 am
[JURIST] The US government on Tuesday filed a lawsuit in the US District Court for the Southern District of New York (SDNY) [official website] alleging that Allied Home Mortgage Capital Corporation (Allied) [corporate website] and two of its top executives misled the government into believing that its loan qualified for federal insurance. [read post]
26 Apr 2012, 6:48 am
Ally Financial has been working to keep its mortgage unit out of bankruptcy for the past few months. [read post]
16 Nov 2011, 8:28 pm
The United States elected to revoke Allied’s FHA-backed mortgage origination privileges when it filed a case against Allied alleging that the company had repeatedly lied about its compliance with FHA mortgage requirements. [read post]
24 Sep 2010, 7:49 am
Ally Financial Inc. [read post]
7 Nov 2011, 9:08 am
m Allied Home Mortgage has had operations in Florida since 2003. [read post]
21 Nov 2011, 1:15 pm
Sues Allied Home Mortgage Over Lending Practices (nytimes.com) Feds sue Allied Home Mortgage and founder for fraud (usatoday.com) NYC U.S. [read post]
28 Sep 2010, 3:20 am
Iowa, North Carolina and Texas have also opened criminal and civil investigations into Ally's lending practices as well as those at other large mortgage companies, officials said. [read post]
4 Nov 2011, 2:05 pm
The lawsuit in United States District Court in Manhattan sought unspecified damages and civil penalties and named as defendants Allied Home Mortgage Corporation; its founder, Jim Hodge; and Jeanne Stell, the company’s executive vice president and director of compliance. [read post]
7 Nov 2011, 2:12 pm
Allied Home Mortgage Capital Corp. [read post]
9 Oct 2012, 12:42 pm
These banks include Citigroup, Bank of America, Ally Financial, JPMorgan Chase and Wells Fargo. [read post]
29 Sep 2010, 7:19 am
” Washington Post: “Linda Green’s changing signature“ Bloomberg: “Ally’s GMAC Mortgage Halts Home Evictions in 23 States“ Related posts:Foreclosure Challenges Raise Questions About Judicial Role Judge Dismisses Mortgage Foreclosure Over ‘Fraudulently Backdated’ Doc The Foreclosure Process in Arizona [read post]
8 Oct 2010, 11:00 am
Cincinnati.com Wednesday morning reported that Ohio Attorney General Richard Cordray has filed a lawsuit against Ally Financial Inc. and its GMAC Mortgage division, alleging fraud that could involve hundreds of foreclosures in the state and asking for civil penalties of up to $25,000 for every violation of the state's consumer laws. [ See Press Release ] "Authorities in at least six other states [read post]
28 Aug 2012, 2:03 pm
The Securities and Exchange Commission has disclosed that is investigating Residential Capital, the home lending arm of Ally Financial that is now in bankruptcy, for potential instances of mortgage fraud. [read post]
13 Jan 2011, 5:30 am
Following the recent announcement that Ally Financial has reached a settlement with Fannie Mae on mortgage buybacks, mortgage giant Bank of America has announced that it too will settle with Fannie Mae and Freddie Mac with regard to the requests of the two companies to buy-back the non-performing mortgages. [read post]
30 Jun 2014, 6:48 am
Sued by Ally Financial, Inc.? [read post]
