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Maine Class Action Accusing Bank Of Manufacturing Foreclosure Documents Gets The Boot; Judge Says Each Homeowner Must Pursue Claims Individually

By r morris

In Portland, Maine, Bloomberg reports:Ally Financial Inc.?s GMAC mortgage unit won?t have to face much of a lawsuit by Maine homeowners seeking damages over what they said were the company?s wrongful foreclosure practices.U.S. District Judge D. Brock Hornby in Portland, Maine, granted GMAC?s request to dismiss two claims in the complaint, according to a decision yesterday. He will probably throw

Full post as published by The Home Equity Theft Reporter on February 18, 2011 (boomark / email).