Ally Financial Inc., which is owned by GMAC, said the company was embarrassed it used robosigners to fill out foreclosure documents. "We screwed up" CEO Michael Carpenter said in an earnings conference call, adding Ally is confident that we did not foreclose on anybody inappropriately. Its September suspension of evictions by its GMAC unit touched off a nationwide examination of mortgage firms and a probe by all 50 state attorneys general.
CR Property Group, LLC - East York, PA
Serving York and Adams County, PA
Most likely they will only receive a slap on the hand as John & Mary Q. Public are part of their production line and treating everyone inhumanely is a part of these lenders games. When calling these corporations, you can't ever in most cases get through to who you really need to talk to, you end up talking to someone that they are paying minimum wage to and that person can't wait until another job position opens up.
Nov 04, 2010 02:46 AM
eXp Realty LLC - Tigard, OR
Principle Broker Oregon
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker
They said: "Ally is confident that we did not foreclose on anybody inappropriately." They did NOTsay we will review all foreclosures that were robo-signed and make it right if we did anybody wrong.
Nov 12, 2010 03:18 AM
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Des Peres, MO
SelectAnn.com
Robert,
They admitted they were wrong...no harm, no foul, right?
I wonder if that would work in not paying a mortgage??
Ann Hayden in Wildwood, MO
Nov 13, 2010 09:32 AM
Comments(4)