GMAC’s Foreclosure Woes Intensify Glare Of Public Scrutiny on Mortgage Industry
September 30, 2010
Complaints from attorneys general and members of Congress are coming to an ugly head for Fannie Mae, GMAC Mortgage and the mortgage industry in general for using questionable means to expedite the foreclosure process. JPMorgan Chase has asked courts to suspend judgments in pending foreclosure cases while it...