Thursday, September 23, 2010

Texas, Iowa Attorneys General Probe Foreclosure Actions by Ally's GMAC - Bloomberg

Texas, Iowa Attorneys General Probe Foreclosure Actions by Ally's GMAC - Bloomberg: "Texas and Iowa have begun investigations into foreclosure practices at Ally Financial Inc.’s GMAC mortgage unit.

Texas Attorney General Greg Abbott opened an investigation “early this month,” said Tom Kelley, a spokesman for the office. Iowa Attorney General Thomas J. Miller began his own investigation into the company today, Assistant Attorney General Patrick Madigan said."

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