GMAC Ordered to Stop All Foreclosures in California
Per the Sacremento Bee, hat tip Foghorn Leghorn and Brian: California officials today demanded that Ally Financial Inc. stop foreclosing on homes in the state, citing reports indicating the big mortgage lender is violating the law. The cease-and-desist letter, issued by Attorney General Jerry Brown, came as officials in several other states began investigating Ally’s […]
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