Tag Archives: GMAC

Plan for Modifying Option ARMs in California Being Requested

Posted on November 3, 2009 by admin

As we’ve mentioned before, a bevy of option ARMs that have yet to expire are going to lead to another wave of foreclosure problems in California. With this inevitable fact becoming more and more of a concern, California Attorney General … Continue reading →

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How Long Does it Take to Get a Loan Modification?

Posted on October 12, 2009 by admin

We get the question all the time. How long does it take to get a loan modification? We even wrote about it a year ago, but the information is outdated so it seems like a good idea to bring the … Continue reading →

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Making Home Affordable and GMAC

Posted on September 18, 2009 by admin

GMAC has been active in its loan modification efforts. When the first Making Home Affordable numbers were released back in early August, the company was blowing away many of its fellow lenders and servicers. They had one of the highest … Continue reading →

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Home Affordable Modification Program Releases July Numbers

Posted on August 5, 2009 by admin

The US Treasury has released its loan modification progress report through July 2009. The report includes all lenders participating in the program and what they have currently done under the program. To date, the numbers are underwhelming but progress is … Continue reading →

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