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Report: #309713

Complaint Review: GMAC Mortgage Company - Waterloo Iowa

  • Submitted:
  • Updated:
  • Reported By: glendale California
  • Author Confirmed What's this?
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  • GMAC Mortgage Company 3451 Hammond Avenue P.O. Box 780 Waterloo, Iowa U.S.A.

GMAC Financing/Maradith Moonshew Please help me figure out how to get results! Waterloo Iowa

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My life has been h*ll for the past 10 months!!! I have a house I bought in Las Vegas Nevada and it is on its way to foreclosure unless I can get help before the dead line of March 4!!! I have been waiting for a short sale for 10 months, I have currently stopped making payments because I can't afford it for about 5 months. The house has 2 loans which the bigger loan is through Wilshire and the smaller is through GMAC. Due to my begging with Wilshire I have gotten them to approve me for a short sale which needs to be processed before March 5. I have been trying to get a hold of GMAC by letters, phone calls and agents, but there is no response from them. They are ignoring everyone even Wilshire who is trying to negotiate a deal with them. If GMAC does not negotiate on the short sale before the date then the Wilshire short sale approval cancels too! This means my house will be in foreclosure!!! I have a pre approved buyer which means that GMAC should consider looking at my application, they loose more money through a foreclosure! I can't understand what kind of company curropt company I am dealing with! I don't know what to do!!! Is there anyone that can help me?

Lucy
glendale, California
U.S.A.

This report was posted on Ripoff Report on 02/17/2008 10:09 PM and is a permanent record located here: https://www.ripoffreport.com/reports/gmac-mortgage-company/waterloo-iowa-50704/gmac-financingmaradith-moonshew-please-help-me-figure-out-how-to-get-results-waterloo-io-309713. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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