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the (HAMP) program is $522" - DSnews.com

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GMAC Refutes a Bloomberg Article


On Monday 9/20/2010 Bloomberg published an article stating that GMAC was implementing a foreclosure moratorium in 23 states due to an internal issue with its foreclosure process.  GMAC stated that there was probably a mix up and some confusion from a previous foreclosure moratorium that stemmed from an internal problem in the judicial foreclosure process.  GMAC stated that they cannot comment on the specifics of the above mentioned procedural problem as some of the cases are currently in litigation.

GMAC has been re-branded as Ally Financial Inc.

If you or someone you know is having difficulty with a GMAC mortgage and need help securing a loan modification please fill out a form on this website or call 866-437-9061 to speak with a loan modification attorney today.