GMAC Halts Foreclosures in 23 states

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Real Estate Agent with Watson Realty Corp.

Due to uncertain filing of foreclosure proceeding paperwork, GMAC put out this notice, according to the article. On Sept 17th a two page memo was sent out haulting foreclosures in several states. The link to the article is below.

 

 

http://www.bloomberg.com/news/2010-09-20/gmac-mortgage-halts-home-foreclosures-in-23-states-including-florida-n-y-.html

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Rainer
11,953
Joyce Keigher
Venice, FL

Thanks for sharing this, Ellen, as a Florida Realtor this is news I can use.

Sep 20, 2010 06:07 AM #1
Rainmaker
525,704
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Banks should expedite short sales so they can avoid the title problems associated with their flawed paperwork.

Oct 07, 2010 08:14 PM #2
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Rainmaker
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Ellen Dittman

#1 Stop for NE FLA-JAX/OP 904.535.1199 (TEXT OK) r
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