Amid growing inquiries by law enforcement into dubious paperwork by home lenders, one of the nation's largest, GMAC Mortgage, said Tuesday that it was expanding its review of foreclosures to all 50 ...

The law firm of Kirby McInerney LLP has filed a class action lawsuit in the U.S. District Court for the Southern District of New York against GMAC Mortgage LLC and Balboa Insurance Company in ...

Federal regulators added another mortgage servicing company to an amendment that will compensate eligible homeowners impacted by the foreclosure crisis. The Federal Reserve Board released an amended ...

GMAC Mortgage said it plans to launch a virtual sales network to market its mortgage products. The company, a subsidiary of Fort Washington-based GMAC Residential Capital, said it expects to attract ...

The issue in this wrongful foreclosure case is whether the trial court erred in ruling that jurisdiction over GMAC Mortgage Corporation was obtained by serving the complaint on its office manager at a ...

Detroit–Loan provider GMAC said it posted a loss of $724 million for the fourth quarter of 2007, mostly due to its troubled home mortgage division, the Guardian reported Tuesday.In the fourth quarter ...

GMAC Mortgage LLC has announced that it has launched a Virtual Sales Network (VSN) to market its suite of mortgage products. This innovative new sales channel is expected to attract more home buyers ...

The Federal Reserve said on Friday that GMAC Mortgage will make $230 million in cash payments to borrowers, in a move that will end an independent, case-by-case review of potentially flawed ...

NEW YORK (AP) — One day after it was among five major banks sued by Massachusetts over deceptive foreclosure practices, GMAC Mortgage said Friday that it will stop purchasing new mortgage loans ...

GMAC Mortgage, LLC, the nation’s second largest subservicer, announced today it has added two mortgage banking veterans to its servicing operation. Connie Miller will serve as director of contract ...

Lender GMAC Financial Services said Wednesday that it would close all of its 200 retail offices and lay off about 5,000 employees as part of a plan to reduce its mortgage lending and servicing because ...

GMAC Financial Services, the consumer lender now majority owned by the government, said Tuesday it expects to report a loss of about $5 billion in the fourth quarter thanks to deep writedowns on ...