All posts tagged GMAC Mortgage

GMAC Mortgage Sale Pleadings

You can access the sale pleadings here.  The motion is 330 pages and will tell you more than you ever wanted to know about this business and includes the actual Asset Purchase Agreements.  The hearing on the proposed sale is June 18, 2012.  If you would like to bid on the assets, you have until September 14 to do so.  The proposed breakup fee to the “stalking horse” Nationstar is $72 million.