GMAC Discussions (83)

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Owen Loss Draft Funds Balance Letter

Does anyone know where I can download Loss Draft Funds Balance Letter from Ocwen Bank

Started by George Williams

3 Apr 8, 2016
Reply by Lisa Jackson


I have a listing appt for a short sale that has two loans with B of A and the third with GMAC..anyone have any success with this combo?

Started by Kelly Magreevy

0 May 13, 2013

gmac 2nd help

I am stuck,  Indymac will only give GMAC $6000 on a $60000 note.  GMAC wants $16,0000 and the buyer will come up with the cash.  Problem is…

Started by Mike Sher

5 Jan 24, 2013
Reply by Pamela Walsh

Loss Draft Funds Balance letter

Hi Superstars!  I am working a GMAC HAFA through Equator.  Just uploaded an offer which triggered a task asking for completion of a "Loss D…

Started by Brenda L Wood

4 Jan 10, 2013
Reply by Paola Martinsen

FHA Short Sale with GMAC - Any escalation contacts

Anyone have management/escalation contacts with GMAC for someone who knows the FHA short sale process?  Homeowner has an ATP, contract subm…

Started by Suzanne White

4 Jan 8, 2013
Reply by Rachael Babinchak

GMAC 2nd

I have a short sale with a GMAC 2nd. Anyone have phone numbers for the 2nd? Are they requiring the same docs? Thank you!

Started by Nancy Mansour

1 Jan 3, 2013
Reply by Sandra Henderson

Value challenge...ABSURD Requests!!

Hi Everyone! HELP!  I have done several transactions with GMAC but in the past 30 days, they have become ridiculous!  First case, BPO agen…

Started by Tasha Griffin

4 Dec 11, 2012
Reply by Jennifer Luna SFR

Buyer's agent related to buyer = no commission

Hi Superstars, I'm in a GMAC short sale in which the buyer is being represented by her mother, and after rounds of negotiations we get an a…

Started by Sue Irwin

3 Dec 4, 2012
Reply by Dean E Eshelman, CPA, CDPE, IRES

GMAC on Equator?????????

I just got a call from my CRM at GMAC letting me know that they just need the listing agreement now and once I get an offer I will upload t…

Started by Sheila Vardakis

5 Nov 29, 2012
Reply by Michael Hayley

Does GMAC require agent licenses as part of the Short Sale package required for approval?

Greetings.  I have been working on a GMAC Short Sale as the Buyer's agent since St. Patrick's Day 2012. We have been through 3 negotiators,…

Started by Marc Lauermann

3 Nov 28, 2012
Reply by Anna "Banana" Kruchten



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