NY TIMES – GMAC Foreclosures – Suspension Might Last Until The End of the Year

Or indefinitely while the fraudsters are indicted… Sorry, didn’t think this was going to hit until tomorrow… Now remember, just to recap here, the links below cover the issues… LINK – What, WHAT!!! RE: Jeffrey Stephan of GMAC – Florida Default Law Group Admits to Violation of Professional Conduct Code UPDATED: ADDED GMAC’S URGENT LETTER TO … Read more

GMAC’s URGENT Letter to Preferred Agents RE Corrective Action in Connection With Foreclosures

Well well well… Here is the letter… Urgent: GMAC Preferred Agents Privileged & Confidential 9/17/10 Attorney/Client Privilege Dear GMAC Preferred Agents: GMAC Mortgage has determined that it may need to take corrective action in connection with some foreclosures in the following states: Connecticut Florida Hawaii Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Nebraska New Jersey … Read more

I Smell Bullshit – GMAC Mortgage Statement on Speculation Related to Foreclosure Moratorium

Check out the language here. they are trying to back peddle and spin the original story from earlier today… MINNEAPOLIS, Sept. 20 /PRNewswire/ — Recent reports have stated that GMAC Mortgage instituted a moratorium on all residential foreclosures in 23 states.  This is not true.  In fact, all new residential foreclosures are continuing in the … Read more

BREAKING!!! GMAC Freezing Foreclosures in 23 States to Take Corrective Action

UPDATED: ADDED GMAC’S URGENT LETTER RE CORRECTIVE ACTION  BELOW I wonder if this has anything to do with… LINK – Foreclosure Fraud – Titles Used by Jeffrey Stephan of GMAC ~ What, WHAT!!! RE: Jeffrey Stephan of GMAC – Florida Default Law Group Admits to Violation of Professional Conduct Code ~ LINK – Highlights From a Deposition … Read more