GMAC Temporarily Suspends Foreclosures in 23 States; Discover Entering Mortgage Biz?; HMDA Data; New DU Version 8.2; Prop 4 in Florida

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GMAC, the mortgage unit for Ally Financial, has suspended foreclosures in 23 states, according to a memo sent to its network of brokers and agents Sept. 17.

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"Not provided" means that the applicant did not provide the information in an application taken by mail, by telephone, or on the internet. "Not applicable" means that the applicant is not a natural person (for example, is a corporation) or the information is not available because the loan was purchased by the institution.

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brokers and agents to halt foreclosures on homeowners in 23 states including Florida and New York state. So, it’s true GMAC – ally halts foreclosures in YES 23 states! GMAC – Ally Halts Foreclosures. In a two-page memo gmac mortgage may "need to take corrective action in connection with some foreclosures" in the affected areas of the country.