Ally Financial Inc., the auto and home lender, said the company was “embarrassed” that it used so-called robosigners to fill out foreclosure documents. “We screwed up,” chief executive officer Michael Carpenter, 63, said today during a conference call on third- quarter earnings for Detroit-based Ally. “We had a robosigner affidavit problem. No question about it. We’re embarrassed about it and we fixed it going forward.”
Ally CEO says firm ‘screwed up’ using robosigners on foreclosure documents
November 3, 2010, 1:52pm
Christine was a reporter with HousingWire through August 2011.see full bio
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Christine was a reporter with HousingWire through August 2011.see full bio
