Tuesday, September 28, 2010

Ally/GMAC Told Freddie Of Dubious Documents Weeks Before Slamming Brakes On Its Own Foreclosures

Bloomberg News reports:

  • Ally Financial Inc.’s GMAC Mortgage unit told Freddie Mac that foreclosures by the auto and home lender might have been faulty weeks before halting its own evictions, according to two people briefed on the matter.

  • Ally informed Freddie Mac on Aug. 25 that affidavits for court proceedings might not be valid, according to a person with direct knowledge of the matter. By Sept. 1, Freddie Mac had notified its network of lawyers and stopped related foreclosures and evictions, said the person, who declined to be identified because the matter hasn’t been formally disclosed. GMAC told agents to halt evictions in 23 states on Sept. 17.

For more, see Ally Said to Tell Freddie Mac of Faulty Foreclosures Weeks Ago.

1 comment:

Anonymous said...

I am a current resident of All Seasons Mobile Home Park in Deerfield, Ohio. I've been fighting a bogus repair charge and a bogus criminal charge. All because of rotten lies told by Carol Foster and Vicki Gilpin of Modern Management Solutions (The management and billing company located in Ravenna, Ohio).

Now, they are trying to aquire my paid off home free and clear so they can re-sell it for a huge profit. They have done this sort of thing before with the help of their attorney David Allen Sed. Its become part of their business model. Horrible, but true.

If you want to know how all of this unfolded, please visit either of the following sites:

AllSeasonsDeerfield.Blogspot.com

AllSeasonsDeerfield.Webstarts.com

You can read the entire backround so far, including my sworn statement filed with Portage County Municipal Court, view photos, and learn a few things about the rotten business practices of M.M.S. Something has to be done. This is what I've chosen to do.