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Goldman, JPMorgan Chase, GMAC, Bank of America, et al have all been accused of hiring less than stellar staff to review foreclosure cases and using robo-notary signatures to speed up the process.
FORBES: The Banks' Herd Mentality On Foreclosures
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Several of the nation's financial giants, including Bank of America, Allied Financial, JPMorgan Chase and GMAC, have halted foreclosures, although Bank of America and GMAC announced they are resuming the process.
CNN: Are some law firms cutting corners on foreclosures?
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In May, GMAC changed its bank's name to Ally Bank--as in friend, or confidante.
FORBES: Magazine Article