GMAC Suspending Foreclosures

GMAC, the company formerly owned by General Motors, is suspending foreclosure activity in 23 states including New Jersey and New York.  This suspension applies at all stages of the foreclosure process from initiation of foreclosure proceedings to the public auction and maybe even selling bank owned properties.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s