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Loan Modification

: Loan Modification & Home Loan News

Ally?s GMAC Mortgage Halts Home Foreclosures in 23 States

By Moe Bedard

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Ally Financial Inc.?s GMAC Mortgage unit told brokers and agents to halt foreclosures on homeowners in 23 states including Florida, Connecticut and New York. GMAC Mortgage may ?need to take corrective action in connection with some foreclosures? in the affected states, according to a two-page memo dated Sept. 17 and obtained by Bloomberg News. Ally [...]

Full post as published by Loan Modification & Home Loan News on September 20, 2010 (boomark / email).

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