Ally Financial Inc., the lender that stopped evictions in 23 states amid concern that its foreclosure process may be illegal, was asked by Colorado’s attorney general to extend the freeze by its GMAC Mortgage unit to his state.
In a letter dated yesterday, Attorney General John W. Suthers said he wanted to hear what new procedures GMAC has put in place to “ensure that fair and accurate representations are made when it pursues foreclosure actions.” He asked for a meeting between GMAC and members of his consumer protection staff.
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