Mortgage Lenders News

GMAC stops buuying homes in MASS

Real Estate Owned or "REO," is a banking term used to describe a property that was acquired by a bank, lender or servicer as a result of a foreclosure or deed-in-lieu of foreclosure. Once the foreclosure or deed-in-lieu of foreclosure process is completed, the title has been transferred and the property is ready to be marketed, it will be.

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GMAC Mortgage, whose parent Ally Financial Inc. was among banks sued Thursday by Massachusetts Attorney General Martha Coakley, said Friday it will stop buying new Massachusetts mortgages in the.

A prominent Chinese environmental group has called on chemicals multinationals to stop “cutting corners” by outsourcing. with demand soaring at home and overseas. Ma Jun, IPE’s director, said China.

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Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.

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