GMAC Mortgage Company
This company reneged on a material portion of our mortgage agreement and then began foreclosure

Business & Finance

GMAC Mortgage purchased our mortgage from another company with whom we had a written agreement to pay our own taxes (in lieu of paying them in escrow). Although we had never been late with a payment the company commenced foreclosure, added several thousand dollars in costs to our mortgage balance, and took the position that if we didn't like their change in our agreement we could bring suit. This has got to be America's most disreputable mortgage company and I recommend mortgagors to do business with them only at substantial risk.


Company: GMAC Mortgage Company
Country: USA
Site: gmacmortgage.com
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