California Attorney General Brown Sends Cease and Desist Letter to Ally’s Gmac Until It Proves It Is Complying with the Law

Brown Directs Nation’s Fourth Largest Home Lender to Suspend Foreclosures Until It Proves It Is Complying with the Law LOS ANGELES – Attorney General Edmund G. Brown Jr. today directed Ally Financial, Inc., formerly known as GMAC, to prove immediately that it is complying with state law or, if it cannot, to cease and desist … Read more

Illinois Attorney General Madigan Demands Meeting with Ally’s GMAC Unit at Center of Foreclosure Fraud Controversy

ATTORNEY GENERAL MADIGAN DEMANDS MEETING WITH MORTGAGE LENDER AT CENTER OF FORECLOSURE CONTROVERSY GMAC Suspected of Submitting False Documents in Foreclosure Cases Chicago — Attorney General Lisa Madigan today issued a letter to the mortgage lender Ally (formerly GMAC) demanding a meeting to address concerns that the company has violated the state’s Consumer Fraud Act … Read more