GMAC Mortgage is the fourth-largest mortgage lender in the United States, behind Bank of America, Wells Fargo, and JP Morgan Chase Bank. As of September 2010, GMAC Mortgage held approximately $250 billion dollars in mortgage portfolios. The state of the economy over the past several years has been abysmal, with property values bottoming out and [...]

When looking to purchase a property, be it a first time buy, an upgrade on an existing property, a resale or a brand new property, a large number of clients look to Bank of America. Being the largest bank or money lending institution in all of the United States, Bank of America foreclosures can be [...]

We are going to recap another week full of interesting tidbits related to foreclosure and foreclosure issues. The Obama Administration said that they are expanding the housing aid in order to give lenders amore incentives to folks on second mortgages. What has happened is back when the market was good it was not unheard of [...]