You Would Be Surprised Who Owns One of the Largest Mortgage Companies Who is Committing Fraud

You Would Be Surprised Who Owns One of the Largest Mortgage Companies Who is Committing Fraud

Did you know that the attorney general is going after one of the largest mortgage companies for using fraudulent documents in foreclosure proceedings. The large mortgage company actually foreclosed in homeowners without holding the actual mortgage and also failed to provide loan modifications as promised.  The mortgage lender has acknowledged that it has a problem following lending laws.

Now here is where you might be surprised. Because if the government bailouts, the federal government owns 74% of this large mortgage company.

Why doesn't the government do something about this? Your guess is as good as mine. The attorney general of Massachusetts has decided not to wait. She has been preparing a case against this large mortgage lender. 

Who is the lender, you ask? It is GMAC Mortgage.

RE/MAX sells more homes than any other real estate company.

For a reason...should we talk?

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty 

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