Iowa’s Attorney General is investigating the foreclosure practices of Ally Financial, the company formerly known as G-M-A-C Mortgage. Attorney General spokesman, Geoff Greenwood, says they’ve requested more information from the company.
Greenwood says the concern is that the company appears to have mishandled the affidavits it files in support of foreclosure actions. He says the company has to certify that it has checked over a number of documents when it submits them to the court, and the company has not done that, and that’s what they are concerned about.
Greenwood says the A-G has asked for more information and for the Iowa mortgages that it handled. He says you can help if you think your mortgage may not have been handled properly. He says if you have concerns about the company, you should contact the A-G’s consumer protection division. Greenwood says they want to be sure this is an isolated problem with this company.
Greenwood says they plan to broaden out their investigation to see if there are other companies that may’ve handled things the same way. If you have concerns, you can call the Consumer Protection Division at 515-281-5926, or outside the Des Moines area at 1-888-777-4590. Consumers can also send an e-mail to: [email protected]