We are having the same problem also, they are now holding 2 payments, refuse to even talk to us, getting drive by inspection fees (what a joke) another way when times are hard enough to suck more money from us. We get a different answer from anyone who will ever speak to us. What happened to the ...
I was late on my mortgage payment by 2 months and did mail it in however GMAC refused to accept the payment and then proceeded with foreclosure on my house. No one from GMAC would even talk to me and I was referred to their attorney. Unbelievable! They get bailout money from us and they have nerve ...
I had a loan with GMAC on my house. We sold the house and bought another one. The original house fell out of escrow. I put both houses up for sale, and paid two notes for over a year. During this time the company I work for went through Bankruptcy. I lost 59 % of my pay, and was unable to pay two ...
After paying down my mortage to 80% of the purchase price, I thought my PMI payments would be eliminated based on the letter GMAC had sent to me. It wasn't until after I saw they did not disappear I called and found out I needed to submit the proper form for the PMI to go away. They assured me that ...
GMAC is the most incompetent loan company in America! Their insurance department does not talk to their mortgage department, who does not talk to thier taxes department, who doesn't talk to their foreclosure department, who doesn't talk to their 'special promotions' department. I have loans with ...
I have a second mortgage with GMAC and my first mortgage is on an ARM it is adjusting and we were trying to refinance. With the market like it is there is not enough equity to do both the first and second on a 80% refinance (which is what the bank is offering) so we decided to just do the first ...