Ally Financial's GMAC Mortgage unit may have informed Freddie Mac (OTCQB:FMCC) of potential problems with its foreclosure documentation weeks before GMAC halted its own evictions. Sources say GMAC told Freddie Mac on Aug. 25 that affidavits for court proceedings might not be valid, but didn't halt evictions until Sept. 17.
Ally Financial's GMAC Mortgage unit may have informed Freddie Mac (OTCQB:FMCC) of potential...
Recommended For You
About FMCC Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
FMCC | - | - |
Federal Home Loan Mortgage Corporation |