DETROIT, Sept. 25 (UPI) -- Regulators and real estate lawyers say paperwork problems at GMAC Mortgage have thrown the propriety of scores of U.S. home foreclosures into question.
The nation's fourth-largest mortgage lender informed brokers and real estate agents last week that it was suspending foreclosures due to legal paperwork that was rushed through the court systems of several states as the U.S. housing market tanked.