Monday, September 27, 2010

Illinois AG Demands Meeting With Ally/GMAC Bigshots Over Massive Foreclosure Screwup

From the Office of the Illinois Attorney General:

  • Attorney General Lisa Madigan [] 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 in its pursuit of Illinois homeowners in foreclosure. Madigan’s letter responds to reports raising serious questions about the accuracy of documents the lender files in foreclosure lawsuits.

For more, see Attorney General Madigan Demands Meeting With Mortgage Lender At Center Of Foreclosure Controversy (GMAC Suspected of Submitting False Documents in Foreclosure Cases).

Go here for the Illinois AG's letter to Ally/GMAC.

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