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Loan Modification

: Loan Modification & Home Loan News

Ally Will Keep ResCap, `Screwed Up? Using Robosigners

By Moe Bedard

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Ally Financial Inc., the auto and home lender, said it will keep its mortgage business and that the company was ?embarrassed? it used so-called robosigners to fill out foreclosure documents. ?We have looked at various alternatives,? Chief Executive Officer Michael Carpenter, 63, said today on the Detroit-based company?s third-quarter earnings conference call. ?With regard to [...]

Full post as published by Loan Modification & Home Loan News on November 04, 2010 (boomark / email).

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