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Loan Modification

: Loan Modification & Home Loan News

GMAC Spotlight On ?Robo-Signer?

By Moe Bedard

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They are called robo-signers, putting their names on thousands of documents tied to mortgages facing foreclosure. Now, under pressure from borrowers, banks are halting foreclosures where the documents are signed by these employees. This week, mortgage-servicing giant GMAC Mortgage Co. halted foreclosures in 23 states due to questions about documents signed by one of its [...]

Full post as published by Loan Modification & Home Loan News on September 23, 2010 (boomark / email).

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