FedUpUSA

GMAC/Ally Responds

 

Sept. 21 (Bloomberg) — Ally Financial Inc., whose GMAC Mortgage unit halted evictions in 23 states amid allegations of mishandled affidavits, said its filings contained no false claims about home loans.

The “defect” in affidavits used to support evictions was “technical” and was discovered by the company, Gina Proia, an Ally spokeswoman, said in an e-mailed statement. Employees submitted affidavits containing information they didn’t personally know was true and sometimes signed without a notary present, according to the statement. Most cases will be resolved in the next few weeks and those that can’t be fixed will “require court intervention,” Proia said.

“The entire situation is unfortunate and regrettable and GMAC Mortgage is diligently working to resolve the situation,” Proia said. “There was never any intent on the part of GMAC Mortgage to bypass court rules or procedures. Nor do these failures reflect any disrespect for our courts or the judicial processes.”

Ok.  If you say so.

Perhaps you can explain this GMAC/Ally:

I was beginning to recite to the lawyer what I had typically recited, that there was no affidavit in opposition. And the lawyer said, “Well, I thought you might want to see this,” and handed me some documents which were from another file in our circuit, and it turned out, it was the same note and mortgage that was in a separate and independent file.

There was a different plaintiff pursuing a foreclosure proceeding on the same note and mortgage as the one that was being proceeded on. Both of the cases contained allegations in the original complaints that the separate plaintiffs were owners and holders of the note. Both of them had gone so far to have affidavits filed in support of a summary judgment whereby an individual represented to the court in the affidavit that the separate plaintiffs had possessed the note and had lost the note while it was in their possession.

Interestedly, both affidavits, although they were different plaintiffs, purported the same facts and they were executed by the same individual in alleged capacity as a director of two separate corporations, one of which was ultimately found to me to be an assignee of the original note…

This, incidentally, is apparently a GMAC foreclosure – one of the ones that when reviewed, according to what GMAC claims above, had “no false claims”….. right?

What I find “unfortunate” and “regrettable” is that someone can file 10,000 affidavits in a month and yet the person employing them believes that they actually read and thus can have sworn to the accuracy and completeness of what is contained therein.

The problem, as I noted, is this:

All the banks are the same, GMAC is the only one who’s gotten caught,” said Patricia Parker, an attorney at Jacksonville, Florida-based law firm, Parker & DuFresne. “This could be huge.”

Yep.  That is a problem, I think, as I’ve written on repeatedly.

We shall see how it all plays out – from where I sit it appears there are some rather real questions of fact that need to be resolved here…..

In the meantime, start pressuring your elected representatives to fix it via this process.

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