Government Investment in Foreclosure-Crisis Figure Could Prove Profitable The U.S. government may turn a profit on its equity investment in Ally Financial, one of the major mortgage lenders By Mike Taylor
Foreclosures Not Exactly Resuming at Full Speed Now that banks have taken a minute to sort through their legal filings to make sure the foreclosure proceedings they By Mike Taylor
GMAC Gets Back in the Foreclosure Game GMAC Mortgage, a subsidiary of mainly government-owned Ally Financial, announced today that it has resumed foreclosure proceedings in 23 states, By Mike Taylor