Ally Financial Statement on Saab Reorganization
DETROIT, Sept. 7, 2011 /PRNewswire/ -- Ally Financial Inc.'s Swedish subsidiary, GMAC Financial Services AB, is a creditor of Saab Automobile AB and as such is taking the appropriate steps to protect
Mortgage companies give more to politicians
With so much on the line from a regulatory perspective, the big mortgage companies and servicers have started to play the Washington game. They are stepping up their contributions and will no doubt
Encore Capital Appoints New Global Operations Vice President
SAN DIEGO, July 19, 2011 /PRNewswire/ -- Encore Capital Group, Inc. (Nasdaq: ECPG), a leader in distressed consumer debt buying and recovery, today announced the hiring of Shailendra Kumar as Vice
Harris Dealership Finance Team Expands Into Indianapolis and Minneapolis
Paul Heisel and Tamala Tamlin bring over 40 years of collective experience to new rolesCHICAGO, Nov. 17, 2010 /PRNewswire/ -- Harris announced today that its Dealership Finance team is expanding into
States act in concert to fix foreclosure fiasco?
The attorney general of Florida has wrapped up his meeting with five lenders and mortgage servicers, Ally, PNC, Bank of America, JPMorgan Chase and Goldman Sachs' Litton Loan Servicing, which has
Populist foreclosure issue perfect for media
"Michael and Pamella Negrea have never been late on a mortgage payment in the 15 years they've owned their home in Eastlake. But they've been foreclosed on three times," so opens an article in the
Citigroup sued for faulty foreclosures, MERS a big issue
JPMorgan Chase, Bank of America and GMAC have made headlines for their foreclosure process woes. These processes have been paused as they work through information integrity issues related to the
Cadwalader Deepens Financial Regulatory Offering with Addition of New Special Counsel
Scott A. Cammarn, Banking Industry Attorney, to Operate out of Charlotte OfficeNEW YORK, July 8 /PRNewswire/ --Cadwalader, Wickersham & Taft LLP, one of the world's leading law firms, announced
Wells Fargo buys unit of GMAC; Berkshire shareholders turned off by Buffett?;
GMAC Financial Services Schedules Release of First Quarter 2010 Financial Results
NEW YORK, April 26 /PRNewswire/ -- GMAC Financial Services has scheduled the release of its first quarter 2010 financial results for Monday, May 3, 2010. The press release, including financial
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