Who is taking over gmac mortgage

By historical standards, this is a huge distinction. I had a mortgage with gmac and then opened a home equity line of credit in to put an addition on my house. I paid off the home equity loan in and closed the line of credit and it reflects properly on my credit bureau.

I am in similar situation. Ally Bank, Ocwen and Ditech cannot find my file. Did you resolve my problem? Save my name, email, and website in this browser for the next time I comment. By using this form you agree with the storage and handling of your data by this website. Picked By anturia , May View All. We are always here for you…. Car dealer who sold death traps and forged court papers.

Mis-sold GMAC mortgage, where do i start? Share More sharing options Followers 3. If you need to add something to this thread then Please click the " Report " link at the bottom of one of the posts. If you want to post a new story then Please Start your own new thread That way you will attract more attention to your story and get more visitors and more help Thanks. Prev 1 2 Next Page 1 of 2. Recommended Posts. Posted October 11, Hmm, where do i start Link to post Share on other sites More sharing options Posted October 12, Posted October 13, Posted October 14, I need to know: 1.

I believe i was mis-sold via broker for several reasons: 1. The broker only offered me GMAC, no other lender. I was not guided on taking out any kind of insurance in the event of illness etc. Maybe, i havent got a chance in hell with this but i'm deperate Hi The charges you can claim back are things like late payment, returned direct debit , letters, phone calls etc.

Feel Bullied by Creditors or Debt Collectors? Posted October 15, Bump Bump. Things like Late Payment Over - Limit won't appear on a loan account Collection fee Returned direct debit Cheque return fee Telephone calls Letter fee Thats going to be about it on a loan account.

Posted October 16, Posted October 17, They are reclaimable in full Posted October 19, Posted October 29, If not, is there a template to use to challenge it? Go to topic listing. By Reuters Staff. Under the agreement, more than , borrowers who were in the foreclosure process between and will receive compensation.

GM owns 49 percent of GMAC, and both are trying to conserve cash as auto sales plummet, vehicle leases lose value, and more borrowers miss payments. GMAC is also trying to become a banking holding company, letting it tap the U.

Some analysts said ResCap may not survive beyond early despite having already slashed risky lending, reduced risk on its balance sheet, and shed some 10, jobs over two years.