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Former GMAC servicer Ally cleans up foreclosure process, citing defects; Another rough day for the HW 30; Zombie foreclosures down 43% in third quarter from last year; WATCH: FHFA Director Watt ensures HARP is not a scam"
DOJ demands deal BofA, Countrywide – Homeloansmckinneytx – Former GMAC servicer Ally cleans up foreclosure process, citing defects Various accounts have described how one officer of GMAC Mortgage’s servicing unit has admitted during testimony that, while he signs thousands of affidavits each month in order to affect steps in the.
Short Sale Incentives Coming in 2010, Treasury Says HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure (DIL) used to avoid foreclosure on a loan eligible for modification under the hamp program. hafa applies to loans not owned or guaranteed by Fannie Mae or Freddie Mac, which will issue their own versions of HAFA in coming weeks.
HUD OIG Report | ally (gmac) financial, Incorporated Foreclosure and Claims Process Review. Ally was servicing more than 199,000 FHA-insured mortgages, and more than 5,000 of these were going through its foreclosure process. From October 2008 through September 2010, Ally submitted 1,345.