A clerical employee in Pennsylvania with little experience is at the heart of the GMAC Mortgage LLC foreclosure debacle. Faced with processing more than 10,000 foreclosure documents each month, he had around 90 seconds to verify documentation on each file — prompting the shortcuts that led GMAC to hold up foreclosures while it investigates the matter.
This wire news service story is no longer available.
However a copy might still be available at www.pressherald.com
