Former GMAC servicer Ally cleans up foreclosure process, citing defects

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GMAC Mortgage, one of the largest servicers of U.S. residential loans, on Friday said that its errors in processing foreclosures were addressed months ago, and that it was confident the mistakes.

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Former GMAC servicer Ally cleans up foreclosure process, citing defects. Ally Financial, formerly known as GMAC Mortgage, shed more light on its foreclosure issue, citing defects in affidavits used in some cases.

Ohio Secretary of State Jennifer Brunner on the Foreclosure Crisis Ally Financial Lawsuit GMAC Auto Loans has been rebranded as Ally Financial; contact them by calling 1-888-925-ALLY(2559). Their hours of operation are Monday through Friday 8:00 a.m. to 8:00 p.m., and Saturdays 9:00 a.m. to 4:00 p.m.; they are closed on Sundays. Ally Financial’s website offers a wealth of information regarding their auto loans.

On September 21, 2010, HousingWire ran an article citing defects in affidavits used in some foreclosure cases at Ally Financial, formerly known as GMAC Mortgage. "This situation with GMAC isn’t limited to GMAC," Margery Golant, of Golant & Golant, a foreclosure law firm in Boca Raton, Fla. , said in an interview with HousingWire reporter Jon Prior.

I had a GMAC mortgage that went into foreclosure, now I’m involved in lawsuit and (long story short) I need to get a copy of one of my mortgage statements. Does anybody have any clue if records like this are even available? My mortgage was never transferred to another lender since it was already foreclosed by the time GMAC filed bankrupty.

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Ultimately, Ally provided only 96 of the 113 foreclosure files we requested. RESULTS OF REVIEW Ally did not establish effective control over its foreclosure process. This failure permitted a control environment in which An affiant14 routinely signed 400 affidavits per day and up to 10,000 affidavits per

 · Ally Financial, formerly known as GMAC Mortgage, shed more light on its foreclosure issue, citing defects in affidavits used in some cases. Former GMAC servicer Ally cleans up foreclosure process.

GMAC Mortgage Faces Class Action over Alleged Forced Placed Insurance Kick Backs.. the pension funds that invest in the mortgages in GMAC’s servicing portfolio and — in the case of loans in.

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