Ohio sues Ally over 'fraudulent' foreclosure files - Oct. 6, 2010: "Attorney General Richard Cordray has requested an injunction that would block Ally from moving forward on any pending foreclosure in Ohio or allowing the home to be sold. He is also asking for civil penalties of up to $25,000 for every violation of Ohio law and for consumer restitution.
'We know that as Ohioans were fighting to save their homes, this loan servicer benefited financially from the dire circumstances,' Cordray said in a statement. 'Instead of stepping up and assisting those at risk of losing their homes, it is clear that GMAC chose to compound the problem through fraudulent and unfair and deceptive practices.'
Ally maintains that its actions were not fraudulent and said it would fight the charges."
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