GMAC stops buuying homes in MASS

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 · GMAC Mortgage, whose parent Ally Financial Inc. was among banks sued Thursday by Massachusetts attorney general martha coakley, said Friday it will st.

 · Ally Financial Inc.’s GMAC Mortgage unit will stop buying home loans in Massachusetts after the state accused the five biggest mortgage lenders of conducting illegal foreclosures.

Housing & Property Do you own or rent property in Massachusetts?. Whether you already own a home in Massachusetts or are planning to buy one for the first time, take advantage of the information and resources provided by the state.. more Real Estate Transactions on Behalf of the.

 · GMAC Mortgage, the mortgage arm of Ally Financial Inc, said on Friday it will stop buying new mortgage loans in Massachusetts that were made by other correspondent lenders and wholesale brokers.

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Homes for Sale in Warren, MA have a median listing price of $249,900 and a price per square foot of $157.

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Text size. GMAC Real Estate is closing 15 offices in Massachusetts and New Hampshire and laying off staff as home selling and shopping increasingly migrate to the Internet amid a housing slump. (full article: 405 words)

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