ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Loan Modification

: Mortgage Lender Implode-o-Meter

GMAC Alters Pay to Focus Mortgage Unit on Qualified Applicants

By Implode-Explode Heavy Industries

ADVERTISEMENTS
"GMAC changed compensation at Residential Capital LLC to discourage employees from submitting applicants who won?t qualify for mortgages, according to a copy of the plan obtained by Bloomberg News. The new policy states that some compensation will be tied to the percentage of applications submitted by a loan officer that result in completed loans."

Full post as published by Mortgage Lender Implode-o-Meter on April 07, 2010 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Related Law Articles

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Home Mortgages
What to look for

Lawsuits and Settlements

GMAC Faces Class Action over Foreclosure Abuses
GMAC Faces Foreclosure Abuses Class Action

National City Mortgage
$4.6 million payout resolves mortgage suit.

SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
SunTrust Mortgage Faces Class Action over Mortgage Restructuring

Ford Focus
Consumer Class Action Settles for Cash Refunds

John Vermillion and Associates LLC et al.
allegedly misrepresented themselves as qualified financial advisers to sell living trusts and exploit senior citizens.

Seattle Mortgage Co Faces California Class Action
Seattle Mortgage Co Faces California Class Action

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0122 secs (new cache)