Gmac Mortgage Corporation
Deaf, dumb, and blind taking my home

Business & Finance

In march notices were sent telling myself and gmac that my homeowners insurance was due on may 8 if it wasnt paid on time that the policy would cancel.

I called gmacs escrow / insurance dept told them this and sent them letters as did my insurance agent. They assured me that it would be paid dont worry.

Well they paid it all right a day, LATE and as a result it was cancelled. The old policy was $482.00 a yr and was guaranteed not to be higher if paid on time. The new policy is now 1333.00 a yr thats $851.00 more a yr and i am responsible for that. I don't think so. They made the mistake and should be responsible for correcting it.

I tried for months to tell them this, sent them letters, called them, faxed them my agent also called them, we had two hurricanes comming (my home is in kew west fla) and no insurance THEY DID NOTHING, now they are foreclosing on my home, this they are doing because they know i have evidence to prove my point its in their own words entered in my escrow account record.

Also they say i have not paid them when in fact they have cashed my checks and it shows in that report also as of june 30

I will be homeless. My home of 16yrs will be gone i can not afford to buy in key west again as the prices have reached an all time high and gmac has ruined my credit as they have reported a foreclosure to all credit reporting agencys.

If anyone has had this problem with gmac or any attorney wants to sue these bastards please contact me. This is a million dollar case and its winable.


Company: Gmac Mortgage Corporation
Country: USA
State: Iowa
City: WATERLOO
Address: PO BOX 4622
Phone: 8007664622
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