Foreclosures Hitting People With Good Credit Nov 20, 2009
Wilson, 56, said she has tried to get her mortgage company, GMAC Mortgage, to lower her 6. 25 percent interest rate or give her a temporary break from payments. (Click2Houston, TX)
Records (20) Nov 17, 2009
29: Sheriff of Jackson Co. to GMAC Mortgage Corp., sheriffs deed to 7393 S. 1025 E, Crothersville; 114,665. Name. (Brownstown Jackson County Banner, IN)
Satisfaction with Lenders Declines Nov 14, 2009
REALTOR Magazine Online: The real estate professional's business support tool. YOUR INTERACTIVE MAGAZINE REALTOR.ORG/realtormag. (Realtor Magazine Online)
Foreclosure sales for Oct. 19-23, 2009 Oct 18, 2009
GMAC Mortgage LLC v. Gerald A. Marks, et al, 22 Forestview Way, Ormond Beach, single-family residence. Chase Home Finance LLC v. Baeg Jin Kim, et al, 6537 Shahab Lane, Port Orange, single-family residence. (Daytona Beach News Journal -- Business)
Deeds recorded in Volusia County Aug. 24-28 Sep 13, 2009
Deutsche Bank National Trust Co., IMH Assets Corp. and GMAC Mortgage LLC to Timothy M. Tabb, part of section 13 19 31, $140,000. PONCE INLET. (Daytona Beach News Journal -- Business)
BofA, Wells step up mortgage efforts Sep 10, 2009
Thursday, September 10, 2009. Nationwide efforts to help struggling homeowners avert foreclosure improved in August although red tape and bureaucratic snafus continued, according to a government report released Wednesday. (San Francisco Chronicle -- Business)
Foreclosure Help Lags Aug 5, 2009
JPMorgan Chase had a 20 percent trial loan modification rate, as did GMAC Mortgage Inc. Saxon Mortgage Services came in at 25 percent and Aurora Loan Services 21 percent. CitiMortgage Inc. has begun modifications for 15 percent of its eligible borrowers. (ABC News -- Business)
Just 9% of eligible homeowners have had mortgage modified Aug 5, 2009
Get information on education programs that could help you increase your earning power. Percent of mortgages modified by servicers with more than 100,000 eligible loans. (USA Today -- Money)
Mortgage modifications moving at snails pace Aug 5, 2009
Aurora Loan Services LLC, GMAC Mortgage Inc. and JPMorgan Chase all had one in five qualified borrowers in a trial loan. "We've got feet on streets in neighborhoods where borrowers need help," said David Lowman, chief executive of the JPMorgan Chase's home lending division. (MSNBC -- Business)
Holders of delinquent loans under fire Aug 5, 2009
Aurora Loan Services LLC, GMAC Mortgage Inc., and JPMorgan Chase all had one in five qualified borrowers in a trial loan. We think they could have ramped up better, faster, more consistently, and done a better job serving borrowers and bringing stabilization to the broader mortgage markets and economy, said Michael Barr, a Treasury Department assistant secretary. (Boston Globe)
Obama's Mortgage Program Helping Few Borrowers Aug 5, 2009
Aurora Loan Services LLC, GMAC Mortgage Inc. and JPMorgan Chase all had one in five qualified borrowers in a trial loan. For each homeowner who makes regular payments for three months, the loan servicer collects $1,000 from the government. (Newsmax)
Property transfers Aug 2, 2009
GMAC Mortgage Corp. and GMAC Mortgage LLC to Federal National Mortgage Associati. Apartment 1, Building N, Section I, Phase II, Winston Arms. (The Augusta Chronicle)
Deeds recorded June 22-26, 2009 in Volusia Jul 12, 2009
GMAC Mortgage LLC to Donald W. and Susan M. Grove, lot 8, Seawinds, $176,001. Jonathan G. and Jennifer Styles and Jonathan G. Styles Trust to Thomas C. Redsecker, Candice L. Kastel, lot 63, Seabreeze Shores, $125,000. (Daytona Beach News Journal -- Business)
Council to vote on rail plan Jul 7, 2009
The property has been foreclosed upon by the lender and went to sheriff's sale on May 26 at which time GMAC Mortgage, LLC, purchased the property for 113,032. 11. (Watertown Daily Times, WI)
Group demands faster mortgage help Jul 1, 2009
The company would become the 24th in the program, including , Chase Financial, CitiMortgage, and GMAC Mortgage. Government officials estimate the program could help up to 9 million financially troubled homeowners. (Boston Globe)
GMAC near full capacity Jun 19, 2009
It is believed to be the highest GMAC Mortgage employment level in Waterloo in four years. GMAC Mortgage is successor to Banco Mortgage and Norwest Mortgage, which collectively have operated a mortgage servicing center at 3451 Hammond Ave. since 1985 ... While hiring continues, GMAC Mortgage's Waterloo operations have undergone an administrative reorganization. (Waterloo Courier, IO)
This week's foreclosure sales Jun 16, 2009
GMAC Mortgage LLC v. John R. Brisell, et al, 4747 Dixie Drive, Ponce Inlet, single-family residence. Bank of America v. Dobre Petreski, et al, 111 Colina Place, Ormond Beach, single-family residence. (Daytona Beach News Journal -- Business)
Foreclosures sales May 31, 2009
GMAC Mortgage LLC v. Daytona Beach Club Condominium Association, et al, 800 N. Atlantic Ave., Unit 613, Daytona Beach, condo ... GMAC Mortgage LLC v. Carolyne Field Bolton, et al, 1378 Summit Hill Drive, Deltona, single-family residence. (Daytona Beach News Journal -- Business)
Foreclosures May 24, 2009
GMAC Mortgage LLC v. Paula L. Sontos, et al, 1312 Worthington Drive, Deltona, single-family residence. American General Home Equity Inc. v. Keith Reynolds 333 North St., DeLand, single-family residence. (Daytona Beach News Journal -- Business)
Lawsuit Says Eviction Will Hurt Neighborhood May 23, 2009
Attorneys for Rosemary Williams filed the suit in Hennepin County District Court in an attempt to compel GMAC Mortgage LLC to stop eviction proceedings. Attorney Jordon Kushner said lawyers the Central Area Neighborhood Development Organization and 17 of Williams neighbors are plaintiffs in the suit. (Realtor Magazine Online)
Foreclosure sales May 23, 2009
GMAC Mortgage LLC v. David Schloss, et al, 2624 Belmonet Ave ... GMAC Mortgage LLC v. Michael Smith, et al, 4650 Links Village Drive, Unit B-306, Ponce Inlet, condo. (Daytona Beach News Journal -- Business)
Early response to Obama's foreclosure program mixed May 18, 2009
resident Konrad Stutzmann, 39, initially asked GMAC Mortgage to modify the loan on his one-bedroom condo in January after he lost his sales job and secured a lower-paying position elsewhere ... GMAC Mortgage says it has approved 1,750 mortgage modifications under the administration's program and is hiring 300 to 400 people answer homeowners' calls. (Honolulu Advertiser)
Real Estate Records, 5/17 May 17, 2009
Sultana, Vahida and Asgher Mohiuddin, to GMAC Mortgage LLC, 8315 Katrina Lane, 220,480. Sutter Place Properties LLC to Shkolnick, Marc J., 7515 Blanchard Blvd., 187,000. (Beatrice Daily Sun, NE)
Former FDIC chief dies May 14, 2009
GMAC Mortgage, and LML Systems. He is survived by his wife Sally, six children, numerous grandchildren and great-grandchildren. (MSNBC -- Business)
Federal Housing Rescue Plan Launches Apr 18, 2009
They are JPMorgan Chase, Wells Fargo, Citigroup, GMAC Mortgage, Saxon Mortgage Services, and Select Portfolio Servicing. Treasury says it is allocating $50 billion to the program. (Realtor Magazine Online)
GMAC Mortgage Unit: We're Hiring Again Apr 17, 2009
GMAC had in September set plans to cut 5,000 ResCap jobs, or 57 percent, and close all 200 GMAC Mortgage retail offices. The company also said ResCap is making more jumbo loans, which are usually in amounts above $417,000, although borrowers are now putting 20 percent and more down. (ABC News -- Wire)
Lenders say Obama home rescue program light on details Apr 17, 2009
On Wednesday, the Obama administration disclosed the first six companies to sign contracts to participate in the program: Chase Home Finance, Wells Fargo GMAC Mortgage Inc., Citigroup Inc.'s CitiMortgage unit, Select Portfolio Servicing and Saxon Mortgage Services Inc. And the Treasury Department this week put up a Web site to answer mortgage servicers' questions. Hundreds of refinancings under Making Home Affordable have been completed, according to the Treasury. (Albany Times Union)
Six firms to get mortgage incentives named Apr 16, 2009
Besides Wells, the first recipients are Chase Home Finance, GMAC Mortgage, CitiMortgage, Select Portfolio Servicing and Saxon Mortgage Services. Bidder for Saturn. (San Francisco Chronicle -- Business)
Six lenders get funds to modify mortgages Apr 16, 2009
The other recipients are: , GMAC Mortgage Inc., CitiMortgage unit, Select Portfolio Servicing, and Saxon Mortgage Services Inc.. The program will offer struggling homeowners the chance to obtain modified loans with lower payments. (Boston Globe)
GMAC Mortgage Formalizes Participation in Home Affordable Modification Program Apr 16, 2009
GMAC Mortgage LLC signed the HMP servicer participation agreement on April 13, but started early in 2009 to prepare for the program. GMAC Mortgage proactively sent tens of thousands of financial packages to customers it believed would qualify for modifications under the federal program, and to date has distributed more than 100,000 financial packages to homeowners who are potentially eligible for modifications under HMP. ... "We are pleased to be among the first servicers to formalize our... (PR Newswire)
Public records for March 4, 2009 Mar 4, 2009
SUITS: Midland Funding LLC v. Sylvester E. Hanley, in excess of $15,000; Ford Motor Credit Co. LLC v. Christopher R. Coleman, in excess of $15,000; Wells Fargo Bank NA v. Marion Adkins, real property; GMAC Mortgage LLC v. William E. Dent, real property; GMAC Mortgage LLC v. Mark A. Nordquist, real property; Wells Fargo Bank NA v. Richard C. Weldon, real property; Wells Fargo Bank NA v. George Blackwell, real property; Aurora Loan Services LLC v. Alex P. Digges, real property; JP Morgan Chase... (Yahoo News -- Auto Racing)
GMAC to add 250 jobs (12) Feb 25, 2009
Helping borrowers keep their homes will not only benefit the homeowners who have fallen behind but also lenders, said Steve Sesterhenn, Human Resources director at the Waterloo GMAC Mortgage office. "The bottom line is we don't want to own their homes," he said. (Waterloo-Cedar Falls Courier)
