My mortgage got behind when GMAC failed to send my insurance premium to my insurance company. My insurance company cancelled my policy and GMAC began charging me an additional 300.00 monthly. GMAC would not accept fault causing my payments to get further behind. I then contacted them to do a ...
GMAC Loan Modification HEMP Modification (FHA) Loan Number 0602466724 1-800-850-4622 To Whom It May Concern: This letter I am writing to you is a hardship letter to GMAC it will explain why I need my loan modification. In April my wife and I split up and we got a divorce and at that time I filed ...
We had a GMAC FHA loan with a 30 yr fixed rate, and about 21 months later we refinanced to a lower interest rate. We refinanced with GMAC and got a 30 year fixed rate loan at 4.375 %. We were originally told the loan would cost us around $4,000.in the end the loan cost us around $8,000.00. However ...
I found out today that my weekly mortgage payments to GMAC are being held and not applied to my Loan on the day they are made. So what happens is when your 4th weekly payment is made. When the payment falls due on the 1st of the month then those weekly payments are applied to your Loan. So the 1st, ...
Put in 1st mod application to GMAC 6/23/10 (ARM Loan). Pmts were auto-deduct from my checking & I was current until after they recv'd my app & paid my real estate taxes (not escrowed), then cancelled my auto-deduct because I was then in arrears. Tried to get them to reinstate auto-deduct ...
For the past year and a half, I wanted to do a loan modification. With GMAC. They turned me down three times. GMAC sent me three denial letters, proving that I have a hardship, and also have a 31% mortgage payment to salary ratio, according to the federal loan modification guidlines. Both by their ...