GMAC stops buuying homes in MASS

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we buy houses boston, cash buyer boston, stop foreclosure b GMAC Mortgage, whose parent Ally Financial Inc. was among banks sued Thursday by Massachusetts Attorney general martha coakley, said Friday it will stop buying new Massachusetts mortgages in the.

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GMAC Mortgage, one of the nation’s leading lenders, said yesterday that it will end most of its mortgage business in Massachusetts, a day after Attorney General Martha Coakley sued the company and four other major financial firms over their role in the foreclosure crisis.

GMAC Real Estate closing 15 offices in Mass. and N.H. – The Boston Globe GMAC Real Estate is closing 15 offices in Massachusetts and New Hampshire and laying off staff as home selling and shopping.

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GMAC Picks Up its Marbles in Massachusetts (Update 1) GMAC Mortgage said it will stop buying new loans originated by correspondent lenders in Massachusetts saying mortgage lending in the state were no longer viable. gmac story updated with comment from Attorney General Coakley’s office.