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 ...

A lawsuit that accused GMAC Mortgage of taking kickbacks and overcharging homeowners on force-placed insurance policies has survived a motion to dismiss. GMAC's mortgage unit will have to face a class ...

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 ...

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 ...

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 ...

Profitability continued to elude GMAC Inc. in the third quarter amid persistent losses stemming from toxic mortgage loans. Despite extraordinary help from the government - including $12.5 billion of ...

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 ...