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Real Estate & Property Law

: The Home Equity Theft Reporter

Texas, Iowa AGs Open Probe Into Ally/GMAC Foreclosure Practices

By r morris

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Bloomberg News reports:Attorneys general in Texas and Iowa, following Florida, have started their own investigations into foreclosure practices at Ally Financial Inc.?s GMAC mortgage unit.?The integrity of the foreclosure process is of utmost importance and we are very concerned by the issues that have been raised regarding Ally Financial?s treatment of affidavits,? Iowa Assistant Attorney

Full post as published by The Home Equity Theft Reporter on September 24, 2010 (boomark / email).

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