GMAC is not going to help anyone to modify their mortgage if they don’t have to. Look up who owns gmac. Our tax dollars own over 70% {us treasury} and we can’t get help? General Motors and Ally Bank also own part also. We can’t hurt gmac but we can stop buying GM cars and not have any dealings with Ally bank. Wake up gmac/ally bank. We should never helped the banks, they would now be in our shoes trying to save their homes. Wake up gmac and ally banks! This isn’t going to help the situation and only creates more problems for us.
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