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GMAC suspends evictions after affidavits challenged

By Implode-Explode Heavy Industries

``A GMAC employee signed off on tens of thousands of affidavits containing information he did not personally verify, according to a deposition taken in December 2009 by the homeowners' law firm Ice Legal PA... "What GMAC has been doing with affidavits ... is no different from what anyone else has been doing in the mortgage servicing business," said O. Max Gardner III, a consumer bankruptcy attorney. "This is business as usual for the mortgage servicing industry. GMAC just got caught," he said.''

Full post as published by Mortgage Lender Implode-o-Meter on September 21, 2010 (boomark / email).