Saturday, September 25, 2010

Political Economy - Ally's GMAC unit withdraws foreclosure affidavits signed by second employee

Political Economy - Ally's GMAC unit withdraws foreclosure affidavits signed by second employee: "Attorneys for homeowners in Florida say Ally Financial's GMAC mortgage unit has begun to withdraw affidavits submitted in support of foreclosures that were signed by a second employee. Like Jeffrey Stephan--the document processor who admitted in sworn testimony that he signed 10,000 documents a month without reviewing them--Kristine Wilson signed as a 'limited signing officer' for GMAC."

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