It seems that a huge financial corporation is halting its foreclosure and eviction activities in many parts of the country. According to Cory Boatright of ShortSaleFundamentals.com, Ally Financial’s GMAC Mortgage unit has directed its brokers and agents to suspend evictions in 23 states. Homeowners facing foreclosure in Florida, Connecticut, and New York are among those who are spared by GMAC. Why did the lending company make such a move? Read Cory’s post to find out.
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