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: Loan Modification & Home Loan News

Texas, Iowa Attorneys General Probe Foreclosure Actions by Ally?s GMAC

By Moe Bedard

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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 General [...]

Full post as published by Loan Modification & Home Loan News on September 24, 2010 (boomark / email).

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Texas, Iowa Attorneys General Probe Foreclosure Actions by Ally's GMAC

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

Use Of Robo-Signers In Foreclosure Actions Not New For GMAC/Ally; Earlier Case Required Servicer To Cough Up $8K In Fees To Homeowner's Attorney

GMAC Calls Off Foreclosure Actions, Suspends Pending REO Sales In 23 States, Letting Buyers Back Out Of Deals; Cites Need To Take "Corrective Action"

Dubious Docs Begin Surfacing In Ally/GMAC's 27 Non-Foreclosure Moratorium States, Leaving Homeowners Across Country Scrambling To Challenge F'closures

The GMAC fiasco

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