Report: #174043

Complaint Review: GMAC

  • Submitted: Tue, January 31, 2006
  • Updated: Tue, January 31, 2006
  • Reported By: Medina Ohio
  • GMAC
    3451 Hammond Ave., Waterloo, Iowa 50704

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
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This report was posted on Ripoff Report on 01/31/2006 08:23 AM and is a permanent record located here: 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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