Goldman Sachs Group Inc.’s mortgage servicing unit has suspended evictions and foreclosures in some states, according to a regulatory filing on Tuesday. Get the full story »
Inside these posts: Evictions
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Judge: GMAC showed ‘bad faith’ in foreclosure
GMAC Mortgage was sanctioned by a Maine state court judge, who concluded that an affidavit filed by a company official to support a mortgage foreclosure was submitted “in bad faith.â€
The ruling came in a case that last month revealed that GMAC, now part of Ally Financial Inc, had been filing affidavits falsely attesting that officials had reviewed mortgage documents and that they justified foreclosure. Get the full story »
