• Report: #174043
Complaint Review:


  • Submitted: Tue, January 31, 2006
  • Updated: Tue, January 31, 2006

  • Reported By:Medina Ohio
3451 Hammond Ave., Waterloo, Iowa 50704 Nationwide U.S.A.

GMAC Financial Have not dismissed forclosure after they have been paid, in full. ripoff Waterloo, Iowa

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I have a home loan with GMAC. They purchased my mortgage and I believe it was with the intent to forclose. I had many late charges and when I sent my payment. They held them and did not apply them. They were also my mortgage company for 3 months before I was aware. They filed for a forclosure, then tried to get me to make bizarre repayment plans. On Dec. 30, 2005 I paid the amount owed in full.

To date, I have not received any written notice that they have received my payment and today the sheriff came to my home to appraise my property for forclosure. I believe they purchase mortgages that have high equity and late payments with the intent to forclose. They are preditors.

Medina, Ohio

This report was posted on Ripoff Report on 01/31/2006 08:23 AM and is a permanent record located here: http://www.ripoffreport.com/reports/gmac/nationwide/gmac-financial-have-not-dismissed-forclosure-after-they-have-been-paid-in-full-ripoff-wa-174043. 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.

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