Search for: "Allied Mortgage"
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27 Nov 2009, 8:45 am
This week, those of us involved in the fight against mortgage fraud lost a good friend and a fierce ally. [read post]
20 Feb 2012, 7:21 pm
Those include Bank of America, JP Morgan Chase, Wells Fargo, Citigroup and Ally. [read post]
10 Oct 2010, 8:34 am
The impetus for the interview: "This week, Ohio filed a lawsuit accusing the lender Ally Financial and its GMAC Mortgage division of fraud in approving scores of... [read post]
15 Jun 2012, 9:14 am
Residential Capital, the mortgage arm of Ally Financial, has rejected bids by Berkshire Hathaway to buy most of its assets out of bankruptcy, and will opt instead to follow its original sales plans. [read post]
26 Jul 2010, 3:21 pm
An auction of Ally Financial's Residential Capital unit has advanced into the second round, with some would-be buyers circling the assets, but a sale of the mortgage lender still faces hurdles. [read post]
15 May 2012, 11:41 am
The Chapter 11 bankruptcy filing of Ally Financial's mortgage unit has the potential to remove the company's biggest obstacle to a turnaround, but this is a complex case with many moving parts. [read post]
13 Oct 2010, 12:02 pm
Related posts:Arizona Attorney General Sues The Guardian Group for Alleged Loan Modification Fraud Bank of America Delays Foreclosures in 23 States Ally’s GMAC Mortgage Halts Home Evictions in 23 States [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]
28 Sep 2010, 9:17 am
The Washington Post reported on the 27th that the Attorneys general in Connecticut and California ordered Ally Financial's GMAC mortgage unit to freeze all foreclosures within their States. [read post]
12 Oct 2011, 6:14 pm
Morgan Chase, and Ally Financial will help fund loan modifications for homeowners and will agree to standards for foreclosures. [read post]
29 Aug 2011, 7:24 am
Ally Financial, formerly GMAC Mortgage, is the only mortgage servicers whose uncontested foreclosure actions remain on hold for the time being. [read post]
6 Mar 2012, 9:00 am
The Settlement Terms The settlement was entered into with the nation's five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
8 Dec 2014, 9:15 pm
House Republicans want answers on how federal agencies’ mega-settlements with issuers of mortgage-backed securities came to include tens of millions of dollars in payments to “housing counseling” groups allied with the Obama Administration [DS News] Earlier on banks’ payments to activists here, here, etc. [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]
20 Sep 2010, 7:48 am
While we are not yet sure if GMAC is actually stopping its pending foreclosure actions in NY, although we hope that they are, the following is from a recent Bloomberg.com article entitled “Ally’s GMAC Mortgage Halts Home Foreclosures in 23 States:” Ally Financial Inc. [read post]
7 May 2012, 3:21 am
Gretchen Morgenson, in Mortgage Unit Troubles Ally Financial explains that: Although repurchase claimants would be considered general unsecured creditors in a ResCap bankruptcy, the put-back demands would very likely be somewhat senior to those of other unsecured creditors because of their contractual nature. [read post]
24 Aug 2011, 12:01 pm
In June, the SEC and the Department of Justice subpoenaed Ally Financial Inc. and GMAC Mortgage LLC in connection with investigations of bulk settlements of mortgage loans placed in securitization trusts. [read post]
15 Mar 2010, 8:58 pm
On April 5th, the struggling housing market will face a new ally in the form of a short sale program being aggressively pushed by the Obama Administration to help millions of home owners escape from mortgage debt by selling their homes for less than the balance of the mortgage while receiving an additional monetary payment to do so. [read post]
19 Mar 2012, 12:22 pm
Further, homeowners with mortgages held by the major lenders such as Bank of America, JP Morgan Chase, Citibank, Wells Fargo and Ally are also covered by the agreement. [read post]
10 May 2012, 12:53 pm
The settlement includes Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial. [read post]
