Complete list of specialty news sections
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.
Archive of MortgageDaily.com stories by month going back to 1999.
Reports and announcements from MortgageDaily.com.
Data and statistics for real estate finance.
Directories of lenders, branch operators and mortgage service providers.
Directories of lenders, branch operators and mortgage service providers.
News About ALLY OR GMAC OR "Residential Capital" OR ResCap OR Homecomings OR RFC
Search Results From This Site
FHFA MBS Settlements Near $20 Billion - Settlement reached with RBS | June 19...
Corporation, Plaintiff, -against- Ally Financial Inc., et al, Defendants.Case No. 11 Civ. 7010 (DLC), complaint filed Sept. 2, 2011; settlement reached June 19, 2014 (U.S.
Stonegate Mortgage President Departing - Daniel Bettenburg gives notice | June 17,...
Residential Capital LLC. On Monday, Stonegate disclosed in a filing with the Securities and Exchange Commission that Bettenburg gave his notice last week. His last day is on July
High Grades for 5 in Servicer Settlement, 1 Falls Short - Report card issued by...
Residential Capital LLC. The Walter Investment Management Corp.-subsidiary's progress report, which was filed in federal court in the nation's capitol, indicated that it failed in
Walter Investment Explains Green Tree Performance - Green Tree deficient in...
January 2013 from Residential Capital LLC. But unlike other servicers bound by the settlement that were able to implement the measured metrics in stages, Green Tree agreed to
Management Changes in Mortgage Lending - Recent mortgage executive promotions and ...
April 23 statement said. He left Green Tree Servicing LLC in March. Ramos' 25 years in the business included time at GMAC Mortgage , MetLife Home Loans and Bank of America Home
FHFA MBS Settlements Nearing $20 Billion - Agreement reached with Barclays...
Barclays and another filed against Ally Financial Inc. that named Barclays as ... FEDERAL HOUSING FINANCE AGENCY, etc., Plaintiff, v. ALLY FINANCIAL INC., et al., Defendants. Case No
Closing Statements Falsified in Mortgage Fraud Scheme - Andrew Constantinou...
Mortgages were issued based on the inflated prices. Constantinou was a loan officer for GMAC from 2006 to 2007 and Countrywide Home Loans from 2007 to 2008. He received
Jury Convicts Former GMAC and Countrywide Loan Officer and Former New York...
E FOR IMMEDIATE RELEASE: April 21, 2014 Jury Convicts Former GMAC and Countrywide Loan Officer and Former ... Constantinou, 57, was a loan officer at GMAC Mortgage from 2006 to 2007 and
Mortgage Executives Promoted, Recruited - Recent mortgage executive activity...
Atlantic region for Allied Mortgage Group , a March 20 statement said. ... Frazier will now run all wholesale operations, Allied said. Both Michaels and Frazier previously worked
Huge MBS Settlement Disclosed by BofA - FHFA lawsuits resolved | March 26, 2014 | ...
PennyMac and the CEO of GMAC Mortgage LLC. Fannie Mae profile | Freddie Mac Profile | Bank of America profile next story back to current headlines Mortgage Backed Securities | MBS
FHFA MBS Settlements Surpass $10 Billion - Non-agency MBS sold to Fannie and...
PennyMac and the CEO of GMAC Mortgage LLC. Federal Housing Finance Agency, ... FEDERAL HOUSING FINANCE AGENCY, etc., Plaintiff, v. ALLY FINANCIAL INC., et al., Defendants. Case No.
Servicers Exceed National Settlement Requirements - Settlement originally reached ...
Citibank, N.A., and Ally Financial Inc . In ... complete its obligations was Ally Financial, which -- along with GMAC Mortgage LLC and Residential Capital LLC -- was certified by
Ocwen Continues Growing Mortgage Servicing Portfolio - Portfolio increases 7...
Faris said in the report. "More importantly, we are nearing the end of our integration of the legacy ResCap loans onto Ocwen's servicing platform. We expect to be able to finish
DOJ Investigating SunTrust for HAMP Handling - TARP OIG also investigating | Feb. ...
The complaint alleges breaches of representations and warranties made in connection with loan sales. The GMAC Mortgage LLC ... allegedly suffered by RFC. SunTrust profile next
Mortgage Firms Find CFPB Compliance Relief With Control Solutions | Feb. 4, 2014 |...
new agency becomes a valued ally to your firm, not an adversary. Under the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010, which created the CFPB, virtually
SunTrust Sued by ResCap Unit - Repurchase lawsuit is one of multiple legal...
Stories about legal settlements, judgments and mortgage class actions. SunTrust Sued by ResCap Unit Repurchase lawsuit ... New York). SunTrust profile | ResCap profile next story back
The QM Effect - Many express concern over QM's impact | Jan. 21, 2014 | Mortgage...
Nader, has found a new ally in the federal government _ the Consumer Financial Protection Bureau. This wire news service story is no longer available. However a copy might still
Risks, Rewards for Fast Growing Servicers - Servicer metrics recently improving | ...
A loans were better in the third quarter for all mortgage servicers except GMAC, which has seen its performance ... Wells Fargo Bank, N.A. Even GMAC's re-modification rate moved higher
Nearly $8 Billion in 2013 FHFA MBS Settlements - Total could double | Jan. 2...
Oct 29, 2013 Ally Financial Inc. $0.475 May 28, 2013 Citigroup ... chief executive officer of PennyMac and the CEO of GMAC Mortgage LLC. Fannie Mae profile | Freddie Mac profile next
Mortgage Market Concentration Likely to Return - Market share has been declining...
IndyMac Bank FSB, Residential Capital LLC and Washington Mutual Inc. Countrywide Financial Inc. and Wachovia Corp. each avoided collapse by finding a suitor. Fannie noted that
FHFA Reaches Another MBS Settlement - Total GSE MBS settlements reach $7 billion |...
PennyMac and the CEO of GMAC Mortgage LLC. Federal Housing Finance Agency, AS CONSERVATOR FOR THE FEDERAL NATIONAL MORTGAGE ASSOCIATION AND THE FEDERAL HOME LOAN MORTGAGE
ResCap Bankruptcy Plan Approved - Ally extricated from subsidiary | Dec. 11, 2013 ...
settlements, judgments and mortgage class actions. ResCap Bankruptcy Plan Approved Ally ... the ResCap bankruptcy. In. re. Residential Capital LLC ... York).. ResCap profile | Ally profile
Ocwen Discloses Texas Layoffs - Job cuts part of national round | Dec. 9, 2013...
Impacted employees were part of GMAC Mortgage, which Ocwen acquired from bankrupt Residential Capital LLC . Last week, 244 ... bankruptcy court for Residential Capital LLC's loan-
Cities Find Ally for Eminent Domain Scheme - Lawsuit filed against FHFA | Dec. 5, ...
Stories about legal settlements, judgments and mortgage class actions. Cities Find Ally for Eminent Domain Scheme ... have gained two more allies. A complaint was filed
Servicers Fall Short on Settlement Compliance - Reports filed in federal court...
Chase & Co., firms related to Residential Capital LLC , and Wells Fargo & Co. -- have complied with the settlement rules. A summary of the reports was issued by Joseph A. Smith Jr