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21 Oct 2010, 1:18 pm
Two of the biggest, Bank of America and GMAC Mortgage, resumed proceedings this week. [read post]
20 Oct 2010, 11:54 am
Fannie Mae is an enormous mortgage holding company that purchases mortgages from a number of commercial lenders. [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]
18 Oct 2010, 5:30 pm
’s GMAC Mortgage unit, PNC Financial Services Inc. and JPMorgan, have halted tens of thousands of foreclosures after similar practices became public. [read post]
18 Oct 2010, 8:00 am
Ohio Attorney General Richard Cordray filed suit last week against GMAC mortgage and its parent company, Ally Financial Inc. for their role in Ohio's foreclosure crisis. [read post]
18 Oct 2010, 6:53 am
’s GMAC Mortgage Unit and JPMorgan Chase & Co. [read post]
15 Oct 2010, 6:28 pm
Cuomo is also requesting that the mortgage servicers not file any new foreclosures until the companies correct their procedures. [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]
12 Oct 2010, 7:42 am
Last week, he filed suit against GMAC Mortgage, accusing the loan servicer of filing fraudulent affidavits in hundreds of Ohio foreclosures. [read post]
11 Oct 2010, 1:30 pm
The big news last month was the revelation that hundreds of thousands of phony affidavits had been signed by an employee of GMAC Mortgage (a unit of Ally Financial) and then submitted to courts throughout the country to support foreclosures. [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]
10 Oct 2010, 1:32 pm
Earlier this month, GMAC Mortgage stopped its foreclosure proceedings when it was revealed that employees signed foreclosure affidavits without reviewing the loan files. [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
“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]
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, 2:30 am
Within the last two weeks, GMAC Mortgage, JPMorgan Chase and Bank of America have all admitted that a few of their employees signed and verified thousands of documents a month that were not even read. [read post]
7 Oct 2010, 9:55 pm
This started last week when the insurance company made the announcement, claiming that the main reason is because both mortgage companies have out a halt on foreclosures in 23 states. [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]
7 Oct 2010, 10:44 am
Ohio’s Attorney General has sued GMAC Mortgage and its parent Ally Financial Inc. alleging that GMAC, acting as a mortgage servicer, filed fraudulent documents during court proceedings in which GMAC was foreclosing on homes in Ohio. [read post]
