Too Bad, So Sad – GMAC / Ally No Longer Sending New Referrals to Florida Default Law Group

Just in case you missed this in the Washington Post Article this morning… Lisa Nason, a spokeswoman for the Florida Default Law Group, said the firm will not comment on active cases. In regards to the state investigation, she said the company is “confident it will continue to be vindicated as a high-quality law firm.” … Read more

Bloomberg News Columnist – Banks Foreclose First, Ask Any Questions Later: Ann Woolner

Banks Foreclose First, Ask Any Questions Later: Ann Woolner Ann Woolner Sept. 16 (Bloomberg) — U.S. home seizures reached a record for the third time in five months in August as lenders completed the foreclosure process for thousands of delinquent owners, according to RealtyTrac Inc. Bloomberg’s Su Keenan reports. (Source: Bloomberg) There was a time, … Read more

Washington Post – Lost in the system that took the house

Lost in the system that took the house By Ariana Eunjung Cha and Brady Dennis Washington Post Staff Writers Tuesday, September 28, 2010; 11:06 PM Luis Fernandez’s foreclosure documents never looked quite right. Critical papers regarding his Orlando home were missing dates, and some signatures appeared to him to be forged. The mortgage had been … 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